Ballard Power Systems (BLDP) Operating Income (2009 - 2026)

Ballard Power Systems (BLDP) has reported Operating Income for 18 consecutive years, with -$16.8 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Operating Income rose 49.27% year-over-year to -$16.8 million in Q2 2026; TTM through Jun 2026 was -$71.7 million, a 55.67% increase from a year earlier, with the FY2025 full-year figure at -$103.5 million, up 43.56% from the prior year.
• Operating Income was -$16.8 million for Q2 2026 at Ballard Power Systems, down from -$13.6 million in the prior quarter.
• Over five years, Operating Income peaked at -$11.3 million in Q4 2025 and troughed at -$63.1 million in Q3 2024.
• A 5-year average of -$34.7 million and a median of -$37.0 million in 2023 frame the typical range for Operating Income.
• Across the five-year window, Operating Income tumbled 98.9% in 2022 and soared 69.05% in 2025, its largest moves.
• Over 5 years, Operating Income stood at -$29.4 million in 2022, then plunged by 53.61% to -$45.1 million in 2023, then rose by 19.38% to -$36.4 million in 2024, then soared by 69.05% to -$11.3 million in 2025, then tumbled by 49.55% to -$16.8 million in 2026.
• The last three Operating Income figures came in at -$16.8 million (Q2 2026), -$13.6 million (Q1 2026), and -$11.3 million (Q4 2025), per Business Quant data.