Ballard Power Systems (BLDP) Revenue (2009 - 2025)

Ballard Power Systems (BLDP) has 17 years of Revenue data on file, last reported at $33.6 million in Q4 2025.

• Revenue for Q4 2025 came in at $33.6 million, up 37.19% year-over-year; the trailing twelve-month figure through Dec 2025 was $99.4 million (up 42.5% YoY), and the FY2025 annual result was $99.4 million, up 42.5% from the prior year.
• Revenue improved to $33.6 million in Q4 2025 per BLDP's latest filing, 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.
• A 5-year average of $21.1 million and a median of $19.7 million in 2022 frame the typical range for Revenue.
• The sharpest annual moves came in 2021 and 2022: Revenue plunged 99.52% in 2021, 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 plunged by 47.55% to $24.5 million in 2024, then soared by 37.19% to $33.6 million in 2025.
• Business Quant data shows BLDP's Revenue at $33.6 million in Q4 2025, $32.5 million in Q3 2025, and $17.8 million in Q2 2025.