BLDP
NASDAQ · Electrical Equipment
Ballard Power Systems Inc
$2.62
+0.07 (+2.75%)
Financial Highlights (FY 2026)
Revenue
139.20M
Net Income
-127,346,815
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 | 139.20M | 131.51M | 430.35M | 443.80M |
| Gross Profit | 7.66M | 7.23M | 188.22M | 194.10M |
| Operating Income | -156,463,956 | -133,035,012 | 62.26M | 57.29M |
| Net Income | -127,346,815 | -108,277,877 | 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 | 19.45M | 19.45M | 191.82M | 239.95M |
| Total Equity | 518.69M | 518.69M | 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 | -152,109,863 | -136,518,063 | 75.20M | 90.24M |
| Free Cash Flow | — | — | 35.65M | 52.35M |