Ballard Power Systems (BLDP) Retained Earnings (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Retained Earnings came in at -$2.2 billion in Q2 2026, down 3.67% year-over-year from -$2.3 billion in Q2 2025, and down 0.94% quarter-over-quarter from -$2.2 billion in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Retained Earnings (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Retained Earnings for 18 consecutive years, with -$2.2 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Retained Earnings fell 3.67% year-over-year to -$2.2 billion in Q2 2026; TTM through Jun 2026 was -$2.2 billion, a 3.67% decrease from a year earlier, with the FY2025 full-year figure at -$2.2 billion, down 4.41% from the prior year.
- Retained Earnings was -$2.2 billion for Q2 2026 at Ballard Power Systems, down from -$2.2 billion in the prior quarter.
- Over five years, Retained Earnings peaked at -$1.4 billion in Q1 2022 and troughed at -$2.2 billion in Q2 2026.
- A 5-year average of -$1.8 billion and a median of -$1.8 billion in 2024 frame the typical range for Retained Earnings.
- Across the five-year window, Retained Earnings fell 19.44% in 2024 and decreased 3.67% in 2026, its largest moves.
- Over 5 years, Retained Earnings stood at -$1.6 billion in 2022, then decreased by 11.32% to -$1.7 billion in 2023, then slipped by 18.61% to -$2.1 billion in 2024, then declined by 4.41% to -$2.2 billion in 2025, then slipped by 1.47% to -$2.2 billion in 2026.
- The last three Retained Earnings figures came in at -$2.2 billion (Q2 2026), -$2.2 billion (Q1 2026), and -$2.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 77.91 Bn | 75.27 Bn | 355.57 Mn | 5.33 Bn |
| 2 | Fuelcell Energy | 1.45 Bn | 797.66 Mn | -24.50 Mn | -1.97 Bn |
| 3 | Ballard Power Systems | 652.70 Mn | 147.56 Mn | 4.08 Mn | -2.18 Bn |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 | 131.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.18 Bn |
| Mar 31, 2026 | -2.16 Bn |
| Dec 31, 2025 | -2.15 Bn |
| Sep 30, 2025 | -2.13 Bn |
| Jun 30, 2025 | -2.11 Bn |
| Mar 31, 2025 | -2.08 Bn |
| Dec 31, 2024 | -2.06 Bn |
| Sep 30, 2024 | -2.02 Bn |
| Jun 30, 2024 | -1.81 Bn |
| Mar 31, 2024 | -1.78 Bn |
| Dec 31, 2023 | -1.74 Bn |
| Sep 30, 2023 | -1.69 Bn |
| Jun 30, 2023 | -1.62 Bn |
| Mar 31, 2023 | -1.59 Bn |
| Dec 31, 2022 | -1.56 Bn |
| Sep 30, 2022 | -1.53 Bn |
| Jun 30, 2022 | -1.48 Bn |
| Mar 31, 2022 | -1.43 Bn |
| Dec 31, 2021 | -1.39 Bn |
| Sep 30, 2021 | -1.35 Bn |