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Ballard Power Systems(TSX) BLDP

Market CapCA$1.13BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1993)+120%
5 Year-81%
1 Year+44%
1 Month-12%
CA$3.74
+2.19%
+0.08Today
Ballard Power Systems last closing stock price
MetricPriceDate
Last closeCAD 3.662026-08-13
Ballard Power Systems stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+2.52%CAD 3.572026-08-06
1 month-12.02%CAD 4.162026-07-14
3 month-39.9%CAD 6.092026-05-15
Year to date+4.57%CAD 3.502025-12-31
1 year+43.53%CAD 2.552025-08-13
3 year-41.63%CAD 6.272023-08-14
5 year-80.65%CAD 18.912021-08-13
Since inception+119.6%CAD 1.671993-08-11

Ballard Power Systems Financials at a Glance

Market Cap

CA$1.13BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$106.14M

Net Income (TTM)

-$76.82M

EPS (TTM)

-CA$0.35

P/E Ratio

-10.54

Dividend

CA$0.00

Beta (Volatility)

2.15 (High)

Price

CA$3.74

Volume

709,476

Open

CA$3.66

Previous Close

CA$3.74

Daily Range

CA$3.65 - CA$3.80

52-Week Range

CA$2.53 - CA$9.08

Estimated Earnings Date

Nov 10, 2026

BLDP News

No articles available.

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About Ballard Power Systems

Ballard Power Systems Inc. specializes in proton exchange membrane (PEM) fuel cell technology, offering solutions for various applications including heavy-duty transport and backup power systems. Established in 1979, the company operates globally, focusing on sustainable energy solutions.

Products and Services
  • PEM fuel cell technology for transportation and backup power
  • Engineering consulting and technology transfer programs
  • Integrated hydrogen fuel cell powertrains and vehicle systems
Growth Outlook
  • Significant global operations across multiple countries
  • Strategic partnership with Linamar Corporation for fuel cell powertrains
  • Increasing demand for clean energy solutions in transportation
Financial Highlights
  • Recent quarterly revenue of 19.42 million USD
  • Cash and short-term investments total 521.23 million USD
  • Current ratio of 10.70 indicates strong liquidity position
Ballard Power Systems Inc. is positioned in the growing clean energy sector, focusing on innovative fuel cell technologies. The company's diverse product offerings and strategic partnerships enhance its market presence. Recent financial data indicates a solid liquidity position, which may support future growth initiatives. The increasing global emphasis on sustainable energy solutions presents a favorable environment for Ballard's continued development and expansion.
AI Generated • Jul 26, 2026

Industry

Electrical Equipment

Sector

Industrials

Employees

492

CEO

Marty T. Neese, MBA

Website

www.ballard.com

Headquarters

Burnaby, BC V5J 5J8, CA

BLDP Financials

Key Financial Metrics (TTM)

Gross Margin

16.38%

Operating Margin

-63.68%

Net Income Margin

-72.66%

Return on Equity

-13.16%

Return on Capital

-13.34%

Return on Assets

-11.93%

Earnings Yield

-9.49%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$1.13BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

301.48M

Volume

709.48K

Avg. Volume

1.47M

Financials (TTM)

Gross Profit

$16.31M

Operating Income

-$68.52M

EBITDA

-$61.37M

Operating Cash Flow

-$30.07M

Capital Expenditure

-$6.64M

Free Cash Flow

-$36.72M

Cash & ST Invst.

$504.33M

Total Debt

$19.66M

Ballard Power Systems Performance Analysis

Ballard Power Systems annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 106,569,727-18.7%
20232023-12-31USD 138,164,75529.6%
20242024-12-31USD 95,528,791-30.9%
20252025-12-31USD 138,848,56545.3%
Ballard Power Systems sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3082.2%
Q42025-12-315.1%
Q12026-03-31-43.1%
Q22026-06-303.3%
Ballard Power Systems annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.7656.2%
20232023-12-31USD -0.806.0%
20242024-12-31USD -1.4884.8%
20252025-12-31USD -0.42-71.5%
Ballard Power Systems sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-15.5%
Q42025-12-3135.9%
Q12026-03-3137.2%
Q22026-06-30-76.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$20.07M

+12.5%

Gross Profit

$3.97M

+365.9%

Gross Margin

19.81%

N/A

Market Cap

CA$1.13BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

CA$2.29M

N/A

Employees

492

N/A

Net Income

-$19.75M

+18.6%

EBITDA

-$11.47M

+49.7%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$504.33M

-8.7%

Total Debt

$19.66M

-17.1%

Accounts Receivable

$20.41M

-12.9%

Inventory

$42.27M

-38.6%

Long Term Debt

$16.26M

-20.6%

Short Term Debt

$3.40M

+4.9%

Return on Assets

-11.93%

N/A

Return on Invested Capital

-11.36%

N/A

Free Cash Flow

-$11.89M

+47.5%

Operating Cash Flow

-$11.08M

+45.5%

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Questions About BLDP

What is the current price of Ballard Power Systems?

Ballard Power Systems is trading at CA$3.74 per share.

What is the 52-week range for Ballard Power Systems?

Over the past 52 weeks, Ballard Power Systems has traded between CA$2.53 and CA$9.08.

How much debt does Ballard Power Systems have?

As of the most recent reporting period, Ballard Power Systems reported total debt of $27.93M.

How much cash does Ballard Power Systems have on hand?

Ballard Power Systems reported $712.36M in cash and cash equivalents in its most recent financial results.

What is Ballard Power Systems’s dividend yield?

Ballard Power Systems does not currently have a dividend yield.

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