Ballard Power Systems (BLDP) Profit After Tax (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Profit After Tax came in at -$20.3 million in Q2 2026, up 16.49% year-over-year from -$17.4 million in Q2 2025, and down 77.98% quarter-over-quarter from -$11.4 million in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Profit After Tax (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Profit After Tax for 18 consecutive years, with -$20.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Profit After Tax rose 16.49% year-over-year to -$20.3 million in Q2 2026; TTM through Jun 2026 was -$30.8 million, a 84.89% increase from a year earlier, with the FY2025 full-year figure at -$90.9 million, up 71.96% from the prior year.
- Profit After Tax was -$20.3 million for Q2 2026 at Ballard Power Systems, down from -$11.4 million in the prior quarter.
- Over five years, Profit After Tax peaked at $323.5 million in Q4 2023 and troughed at -$205.0 million in Q3 2024.
- A 5-year average of -$7.8 million and a median of -$26.2 million in 2025 frame the typical range for Profit After Tax.
- The widest YoY moves for Profit After Tax: up 1039.76% in 2023, down 245.64% in 2023.
- Over 5 years, Profit After Tax stood at -$34.4 million in 2022, then soared by 1039.76% to $323.5 million in 2023, then plunged by 85.64% to $46.5 million in 2024, then tumbled by 37.72% to $28.9 million in 2025, then sank by 170.05% to -$20.3 million in 2026.
- The last three Profit After Tax figures came in at -$20.3 million (Q2 2026), -$11.4 million (Q1 2026), and $28.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.18 Bn | 71.54 Bn | 355.57 Mn | 198.86 Mn |
| 2 | Fuelcell Energy | 1.20 Bn | 545.00 Mn | -24.50 Mn | -45.28 Mn |
| 3 | Ballard Power Systems | 703.84 Mn | 198.69 Mn | 4.08 Mn | -20.28 Mn |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 | -1.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -20.28 Mn |
| Mar 31, 2026 | -11.39 Mn |
| Dec 31, 2025 | 28.94 Mn |
| Sep 30, 2025 | -28.07 Mn |
| Jun 30, 2025 | -24.28 Mn |
| Mar 31, 2025 | -21.04 Mn |
| Dec 31, 2024 | 46.47 Mn |
| Sep 30, 2024 | -205.02 Mn |
| Jun 30, 2024 | -31.46 Mn |
| Mar 31, 2024 | -41.29 Mn |
| Dec 31, 2023 | 323.53 Mn |
| Sep 30, 2023 | -62.45 Mn |
| Jun 30, 2023 | 28.21 Mn |
| Mar 31, 2023 | -33.92 Mn |
| Dec 31, 2022 | -34.43 Mn |
| Sep 30, 2022 | 42.88 Mn |
| Jun 30, 2022 | -55.79 Mn |
| Mar 31, 2022 | -40.40 Mn |
| Dec 31, 2021 | -43.84 Mn |
| Sep 30, 2021 | -30.85 Mn |