Ballard Power Systems (BLDP) Profit After Tax (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Profit After Tax came in at $17.5 million in Q4 2025, down 62.37% year-on-year from $46.5 million in Q4 2024, and up 162.34% on a QoQ basis from -$28.1 million in Q3 2025.

Ballard Power Systems (BLDP) Profit After Tax (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Profit After Tax data on file, last reported at $17.5 million in Q4 2025.

  • On a quarterly basis, Profit After Tax fell 62.37% year-over-year to $17.5 million in Q4 2025; TTM through Dec 2025 was -$55.9 million, a 75.84% increase from a year earlier, with the FY2025 full-year figure at $232.6 million, down 28.1% from the prior year.
  • Profit After Tax for Q4 2025 stood at $17.5 million, up from -$28.1 million in the prior quarter.
  • Over the last five years, Profit After Tax for BLDP reached as high as $323.5 million in Q4 2023 and fell as low as -$205.0 million in Q3 2024.
  • Historically, Profit After Tax has averaged $178900.0 across 5 years, with a median of -$21.5 million in 2021.
  • Across the five-year window, Profit After Tax slumped 304.79% in 2021 and jumped 839.76% in 2023, its largest moves.
  • Year by year, Profit After Tax stood at $43.8 million in 2021, then dropped by 21.46% to $34.4 million in 2022, then soared by 839.76% to $323.5 million in 2023, then slumped by 85.63% to $46.5 million in 2024, then plunged by 62.37% to $17.5 million in 2025.
  • Per Business Quant data, the three most recent Profit After Tax figures were $17.5 million in Q4 2025, -$28.1 million in Q3 2025, and -$24.3 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 1.02 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 73.69 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 181.80 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 145.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 67.30 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 130.10 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 77.30 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn 17.50 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 17.50 Mn
Sep 30, 2025 -28.07 Mn
Jun 30, 2025 -24.28 Mn
Mar 31, 2025 -21.04 Mn
Dec 31, 2024 46.50 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 42.90 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
Jun 30, 2021 -21.91 Mn
Mar 31, 2021 -17.64 Mn