BLDP
BLDP
NASDAQ · Electrical Equipment

Ballard Power Systems Inc

$3.83
-0.34 (-8.15%)
Financial Highlights (FY 2026)
Revenue
145.83M
Net Income
-133,413,529
Gross Margin
5.5%
Profit Margin
-91.5%
Rev Growth
+5.9%
D/E Ratio
0.04
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 5.5% 5.5% 43.7% 43.7%
Operating Margin -112.4% -101.2% 14.5% 12.9%
Profit Margin -91.5% -86.9% 11.3% 9.1%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 145.83M 137.77M 430.35M 443.80M
Gross Profit 8.02M 7.58M 188.22M 194.10M
Operating Income -163,917,790 -139,372,707 62.26M 57.29M
Net Income -133,413,529 -113,436,160 48.79M 40.53M
Gross Margin 5.5% 5.5% 43.7% 43.7%
Operating Margin -112.4% -101.2% 14.5% 12.9%
Profit Margin -91.5% -86.9% 11.3% 9.1%
Rev Growth +5.9% +5.9% +18.8% +7.9%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 33.67M 33.67M 191.82M 239.95M
Total Equity 897.89M 897.89M 461.19M 513.26M
D/E Ratio 0.04 0.04 0.42 0.47
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -159,356,272 -143,021,689 75.20M 90.24M
Free Cash Flow 35.65M 52.35M