Ballard Power Systems BLDP
NASDAQ BLDP
$2.36 -0.01 (-0.42%)
As of: Sep 9, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Tax Rate (2010 - 2026)

Ballard Power Systems' (BLDP) quarterly Tax Rate came in at 0.11% in Q2 2026, up 1.0% year-over-year from 0.11% in Q2 2025, and up 173.61% quarter-over-quarter from 0.15% in Q4 2025.

Analysis

Ballard Power Systems (BLDP) Tax Rate (2010 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Tax Rate for 17 consecutive years, with 0.11% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Tax Rate rose 1.0% year-over-year to 0.11% in Q2 2026; TTM through Jun 2026 was 0.03%, a 1.0% increase from a year earlier, with the FY2025 full-year figure at 0.06%, up 2.0% from the prior year.
  • Tax Rate was 0.11% for Q2 2026 at Ballard Power Systems, up from 0.15% in the prior quarter.
  • Over five years, Tax Rate peaked at 14.49% in Q4 2022 and troughed at 0.62% in Q1 2023.
  • A 5-year average of 0.97% and a median of 0.09% in 2024 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate surged 1396 bps in 2022 and plunged 1457 bps in 2023, its largest moves.
  • Over 5 years, Tax Rate stood at 14.49% in 2022, then slumped by 101 bps to 0.08% in 2023, then jumped by 53 bps to 0.04% in 2024, then slumped by 298 bps to 0.15% in 2025, then surged by 174 bps to 0.11% in 2026.
  • The last three Tax Rate figures came in at 0.11% (Q2 2026), 0.15% (Q4 2025), and 0.1% (Q2 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bloom Energy 77.62 Bn 74.95 Bn 355.57 Mn 0.75%
2 Fuelcell Energy 35.19 Bn 34.53 Bn -24.50 Mn -
3 Ballard Power Systems 706.87 Mn 201.72 Mn 4.08 Mn 0.11%
4 Sunhydrogen 93.29 Mn 93.29 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.11%
Dec 31, 2025 -0.15%
Jun 30, 2025 0.10%
Mar 31, 2025 0.17%
Dec 31, 2024 -0.04%
Jun 30, 2024 0.22%
Mar 31, 2024 0.09%
Dec 31, 2023 -0.08%
Sep 30, 2023 0.06%
Jun 30, 2023 -0.35%
Mar 31, 2023 -0.62%
Dec 31, 2022 14.49%
Sep 30, 2022 0.97%
Jun 30, 2022 0.16%
Mar 31, 2022 -0.49%
Dec 31, 2021 0.53%
Sep 30, 2021 0.01%
Jun 30, 2021 0.01%
Mar 31, 2021 0.06%
Dec 31, 2020 0.27%