Ballard Power Systems BLDP
NASDAQ BLDP
$2.22 -0.13 (-5.72%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Revenue (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Revenue came in at $20.6 million in Q2 2026, up 15.45% year-over-year from $17.8 million in Q2 2025, and up 6.06% quarter-over-quarter from $19.4 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Revenue (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Revenue for 18 consecutive years, with $20.6 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Revenue rose 15.45% year-over-year to $20.6 million in Q2 2026; TTM through Jun 2026 was $106.2 million, a 46.41% increase from a year earlier, with the FY2025 full-year figure at $99.4 million, up 42.5% from the prior year.
  • Revenue was $20.6 million for Q2 2026 at Ballard Power Systems, up from $19.4 million in the prior quarter.
  • Over five years, Revenue peaked at $46.8 million in Q4 2023 and troughed at $13.2 million in Q1 2023.
  • A 5-year average of $21.9 million and a median of $20.0 million in 2026 frame the typical range for Revenue.
  • Across the five-year window, Revenue surged 13333.33% in 2022 and sank 47.55% in 2024, its largest moves.
  • Over 5 years, Revenue stood at $18.5 million in 2022, then surged by 152.19% to $46.8 million in 2023, then sank by 47.55% to $24.5 million in 2024, then surged by 37.19% to $33.6 million in 2025, then plunged by 38.77% to $20.6 million in 2026.
  • The last three Revenue figures came in at $20.6 million (Q2 2026), $19.4 million (Q1 2026), and $33.6 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 1.07 Bn
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn 33.00 Mn
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn 20.60 Mn
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.60 Mn
Mar 31, 2026 19.42 Mn
Dec 31, 2025 33.64 Mn
Sep 30, 2025 32.50 Mn
Jun 30, 2025 17.84 Mn
Mar 31, 2025 15.39 Mn
Dec 31, 2024 24.52 Mn
Sep 30, 2024 14.76 Mn
Jun 30, 2024 16.00 Mn
Mar 31, 2024 14.45 Mn
Dec 31, 2023 46.75 Mn
Sep 30, 2023 27.06 Mn
Jun 30, 2023 15.31 Mn
Mar 31, 2023 13.24 Mn
Dec 31, 2022 18.54 Mn
Sep 30, 2022 21.34 Mn
Jun 30, 2022 20.93 Mn
Mar 31, 2022 21.05 Mn
Dec 31, 2021 138,000.00
Sep 30, 2021 25.22 Mn