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Ballard Power Systems(TSX) BLDP

Current PriceCA$4.20
Market CapCA$1.32BMarket 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)+162%
5 Year-79%
1 Year+53%
1 Month-29%
Ballard Power Systems last closing stock price
MetricPriceDate
Last closeCAD 4.202026-07-23
Ballard Power Systems stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+8.53%CAD 3.872026-07-16
1 month-29.17%CAD 5.932026-06-23
3 month-6.25%CAD 4.482026-04-24
Year to date+20%CAD 3.502025-12-31
1 year+52.73%CAD 2.752025-07-23
3 year-30.92%CAD 6.082023-07-24
5 year-78.83%CAD 19.842021-07-23
Since inception+162.2%CAD 1.671993-08-11

Ballard Power Systems Financials at a Glance

Market Cap

CA$1.32BMarket 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)

$103.92M

Net Income (TTM)

-$81.35M

EPS (TTM)

-CA$0.37

P/E Ratio

-11.68

Dividend

CA$0.00

Beta (Volatility)

2.14 (High)

Price

CA$4.20

Volume

864,939

Open

CA$4.30

Previous Close

CA$4.20

Daily Range

CA$4.18 - CA$4.52

52-Week Range

CA$2.34 - CA$9.08

Estimated Earnings Date

Jul 31, 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. The company is recognized for its comprehensive lifecycle approach, from engineering to maintenance, and has a significant global presence.

Products and Services
  • PEM fuel cell solutions for heavy-duty transport
  • Engineering consulting and technology transfer programs
  • Integrated hydrogen fuel cell powertrains and vehicle systems
Growth Outlook
  • Strategic partnership with Linamar Corporation enhances market reach
  • Increasing demand for clean energy solutions supports growth potential
  • Expansion into international markets strengthens competitive position
Financial Highlights
  • Recent quarterly revenue of 19.42 million USD, showing potential for growth
  • Cash and short-term investments total 521.23 million USD, providing liquidity
  • Current ratio of 10.70 indicates strong short-term financial health
Ballard Power Systems Inc. is positioned in the industrial machinery sector, focusing on sustainable energy solutions. The company has established itself as a leader in fuel cell technology, catering to a diverse range of applications. With a robust financial position, including significant cash reserves, Ballard is well-equipped to navigate the evolving energy landscape. The strategic partnership with Linamar Corporation is expected to enhance product offerings and market penetration, while the growing global demand for clean energy solutions presents a favorable environment for future growth. The company's commitment to innovation and sustainability aligns with global trends, making it a noteworthy player in the energy sector.
AI Generated • Jun 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

11.44%

Operating Margin

-85.12%

Net Income Margin

-78.60%

Return on Equity

-13.49%

Return on Capital

-13.34%

Return on Assets

-12.26%

Earnings Yield

-8.56%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

CA$1.32BMarket 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

864.94K

Avg. Volume

1.59M

Financials (TTM)

Gross Profit

$10.84M

Operating Income

-$89.27M

EBITDA

-$72.69M

Operating Cash Flow

-$39.33M

Capital Expenditure

-$8.17M

Free Cash Flow

-$47.50M

Cash & ST Invst.

$521.23M

Total Debt

$20.94M

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
Q22025-06-3015.9%
Q32025-09-3082.2%
Q42025-12-315.1%
Q12026-03-31-43.1%
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
Q22025-06-30-14.0%
Q32025-09-30-15.5%
Q42025-12-3135.9%
Q12026-03-3137.2%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$19.42M

+26.2%

Gross Profit

$2.76M

+176.6%

Gross Margin

14.23%

N/A

Market Cap

CA$1.32BMarket 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$2.68M

N/A

Employees

492

N/A

Net Income

-$11.21M

+46.7%

EBITDA

-$11.89M

+39.1%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$521.23M

-9.9%

Total Debt

$20.94M

-10.0%

Accounts Receivable

$16.69M

-40.7%

Inventory

$43.83M

-32.7%

Long Term Debt

$17.50M

-13.5%

Short Term Debt

$3.44M

+13.7%

Return on Assets

-12.26%

N/A

Return on Invested Capital

-14.46%

N/A

Free Cash Flow

-$8.40M

+69.0%

Operating Cash Flow

-$7.81M

+68.0%

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Questions About BLDP

What is the current price of Ballard Power Systems?

Ballard Power Systems is trading at CA$4.20 per share.

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

Over the past 52 weeks, Ballard Power Systems has traded between CA$2.34 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 $29.21M.

How much cash does Ballard Power Systems have on hand?

Ballard Power Systems reported $721.18M 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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