Growth Metrics

Ballard Power Systems (BLDP) Revenue (2016 - 2025)

Ballard Power Systems has reported Revenue over the past 17 years, most recently at $33.6 million for Q4 2025.

  • Quarterly Revenue rose 37.19% to $33.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $99.4 million through Dec 2025, up 42.5% year-over-year, with the annual reading at $99.4 million for FY2025, 42.5% up from the prior year.
  • Revenue was $33.6 million for Q4 2025 at Ballard Power Systems, up from $32.5 million in the prior quarter.
  • Over five years, Revenue peaked at $46.8 million in Q4 2023 and troughed at $138000.0 in Q4 2021.
  • The 5-year median for Revenue is $19.7 million (2022), against an average of $21.1 million.
  • Year-over-year, Revenue tumbled 99.52% in 2021 and then soared 13333.33% in 2022.
  • A 5-year view of Revenue shows it stood at $138000.0 in 2021, then soared by 13333.33% to $18.5 million in 2022, then soared by 152.19% to $46.8 million in 2023, then tumbled by 47.55% to $24.5 million in 2024, then soared by 37.19% to $33.6 million in 2025.
  • Per Business Quant, the three most recent readings for BLDP's Revenue are $33.6 million (Q4 2025), $32.5 million (Q3 2025), and $17.8 million (Q2 2025).