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Ballard Power Systems Inc.

$2.16 -$0.52 (-19.40%)
NASDAQ · 14 Sep 2026 20:00 UTC
Previous Close
$2.21
Day Range
$2.12$2.19
Year Range
$1.92$6.57
Market Cap
651.19M
AVG Volume
7.59M
Trailing/Forward PE
-8.43/-
PEG ratio
0.26
Dividend Yield
-
Next Earnings Date
2026-11-12
Primary Exchange
NASDAQUS
Revenue (USD)
010M20M30M40M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q220.07M
26 Q119.42M
25 Q433.64M
25 Q332.5M
25 Q217.84M
25 Q115.39M
24 Q424.52M
24 Q314.76M
24 Q216M
24 Q114.45M
Net Income (USD)
-300M-200M-100M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q2-19.76M
26 Q1-11.39M
25 Q4-17.53M
25 Q3-28.07M
25 Q2-24.28M
25 Q1-21.04M
24 Q4-46.47M
24 Q3-205.02M
24 Q2-31.46M
24 Q1-41.29M
Operating Income (USD)
-80M-60M-40M-20M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q2-12.45M
26 Q1-13.07M
25 Q4-11.81M
25 Q3-29.94M
25 Q2-33.2M
25 Q1-29.06M
24 Q4-36.39M
24 Q3-63.08M
24 Q2-41.35M
24 Q1-42.48M
EBITDA (USD)
-300M-200M-100M024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2-11.48M
26 Q1-9.96M
25 Q4-15.91M
25 Q3-26.58M
25 Q2-22.79M
25 Q1-19.54M
24 Q4-44.81M
24 Q3-201.01M
24 Q2-37.86M
24 Q1-38.96M
Cash Flows (USD)
-60M-40M-20M020M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q2-12.23M
26 Q1-8.4M
25 Q47.83M
25 Q3-24.25M
25 Q2-22.68M
25 Q1-27.07M
24 Q4-30.33M
24 Q3-40.22M
24 Q2-37.7M
24 Q1-27.46M
EPS (USD)
-0.8-0.6-0.4-0.2-024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP EPS (USD) by quarter
PeriodEPS (USD)
26 Q2-0.07
26 Q1-0.04
25 Q4-0.06
25 Q3-0.09
25 Q2-0.08
25 Q1-0.07
24 Q4-0.15
24 Q3-0.68
24 Q2-0.11
24 Q1-0.14
Expenses (USD)
020M40M60MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q217.33M
26 Q116.42M
25 Q421.25M
25 Q318.64M
25 Q227.7M
25 Q127.89M
24 Q435.18M
24 Q342.48M
24 Q238.64M
24 Q142.83M
Cash & Debt (USD)
0200M400M600M800MCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q2504.54M
26 Q1520.86M
25 Q4530.29M
25 Q3527.85M
25 Q2552.14M
25 Q1578.8M
24 Q4606.05M
24 Q3637.22M
24 Q2680.04M
24 Q1722.03M
Debt ratios
0246824 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Debt ratios by quarter
PeriodDebt ratios
26 Q27.58
26 Q16.64
25 Q45.99
25 Q34.44
25 Q21.83
25 Q11.83
24 Q41.8
24 Q32.09
24 Q25.36
24 Q15.79
Margins
-60%-40%-20%0%20%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Margins by quarter
PeriodMargins
26 Q219.81%
26 Q114.23%
25 Q416.66%
25 Q315.27%
25 Q2-8.38%
25 Q1-23.45%
24 Q4-13.16%
24 Q3-55.68%
24 Q2-32.02%
24 Q1-37.47%
Return on Capital
-30%-20%-10%0%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Return on Capital by quarter
PeriodReturn on Capital
26 Q2-3.53%
26 Q1-1.97%
25 Q4-2.98%
25 Q3-4.63%
25 Q2-3.82%
25 Q1-3.22%
24 Q4-6.91%
24 Q3-28.49%
24 Q2-3.41%
24 Q1-4.34%
Shares Outstanding
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Shares Outstanding by quarter
PeriodShares Outstanding
26 Q2301.49M
26 Q1300.93M
25 Q4291.53M
25 Q3300.51M
25 Q2299.84M
25 Q1299.52M
24 Q4299.43M
24 Q3299.41M
24 Q2299.39M
24 Q1299.01M
Book Value Per Share (USD)
0123424 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q21.85
26 Q11.92
25 Q42.02
25 Q32.02
25 Q22.12
25 Q12.18
24 Q42.25
24 Q32.4
24 Q23.08
24 Q13.18
Total Assets (USD)
0500M1B1.5B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
BLDP Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q2643.12M
26 Q1663.1M
25 Q4681.15M
25 Q3710.46M
25 Q2735.86M
25 Q1756.61M
24 Q4777.31M
24 Q3830.4M
24 Q21.02B
24 Q11.05B
Free Cash Flow Yield
-50%-40%-30%-20%-10%0%med -16.34%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLDP Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 26-5.56%
Sep 26-5.25%
Aug 26-5.46%
Aug 26-5.12%
Aug 26-4.55%
Aug 26-4.69%
Jul 26-4.6%
Jul 26-5.44%
Jul 26-5.85%
Jul 26-5.12%
Jul 26-4.48%
Jun 26-4.36%
Jun 26-3.61%
Jun 26-3.74%
Jun 26-3.21%
May 26-2.51%
May 26-2.85%
May 26-3.55%
May 26-3.82%
May 26-6.69%
Apr 26-6.92%
Apr 26-7.67%
Apr 26-8.08%
Apr 26-9.15%
Mar 26-9.54%
Mar 26-9.42%
Mar 26-9.5%
Mar 26-17.27%
Feb 26-16.22%
Feb 26-16.45%
Feb 26-16.15%
Feb 26-16.15%
Jan 26-14.9%
Jan 26-13.15%
Jan 26-12.44%
Jan 26-12.58%
Jan 26-12.95%
Dec 25-13.2%
Dec 25-13.3%
Dec 25-12.76%
Dec 25-12.31%
Nov 25-12.22%
Nov 25-12.81%
Nov 25-11.46%
Nov 25-11.46%
Oct 25-11.24%
Oct 25-11.66%
Oct 25-11.05%
Oct 25-12.27%
Oct 25-11.37%
Sep 25-14.59%
Sep 25-14.64%
Sep 25-19.38%
Sep 25-20.16%
Aug 25-19.86%
Aug 25-19.96%
Aug 25-20.06%
Aug 25-25.1%
Aug 25-25.24%
Jul 25-21.21%
Jul 25-23.9%
Jul 25-24.16%
Jul 25-25.52%
Jun 25-30.94%
Jun 25-29.72%
Jun 25-27.55%
Jun 25-29.53%
May 25-35.02%
May 25-33.47%
May 25-31.82%
May 25-33.47%
May 25-36.26%
Apr 25-37.15%
Apr 25-40.11%
Apr 25-37.77%
Apr 25-41.97%
Mar 25-39.76%
Mar 25-34.87%
Mar 25-34.34%
Mar 25-34.81%
Feb 25-35.65%
Feb 25-31.33%
Feb 25-29.83%
Feb 25-31.78%
Jan 25-32.25%
Jan 25-30.04%
Jan 25-27.76%
Jan 25-25.06%
Jan 25-22.84%
Dec 24-25.95%
Dec 24-27.07%
Dec 24-27.07%
Dec 24-27.24%
Nov 24-29.43%
Nov 24-30.62%
Nov 24-31.34%
Nov 24-29.71%
Nov 24-24.76%
Oct 24-26.39%
Oct 24-23.87%
Price to Sales
05101520med 7.38Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLDP Price to Sales by quarter
PeriodPrice to Sales
Sep 266.31
Sep 266.68
Aug 266.42
Aug 266.85
Aug 267.71
Aug 267.48
Jul 267.62
Jul 268.44
Jul 267.86
Jul 268.96
Jul 2610.24
Jun 2610.54
Jun 2612.72
Jun 2612.28
Jun 2614.32
May 2618.31
May 2616.12
May 2612.95
May 2612.02
May 269.95
Apr 269.62
Apr 268.68
Apr 268.24
Apr 267.28
Mar 266.98
Mar 267.07
Mar 267.01
Mar 266.69
Feb 267.13
Feb 267.03
Feb 267.16
Feb 267.16
Jan 267.76
Jan 268.79
Jan 269.29
Jan 269.19
Jan 268.92
Dec 258.76
Dec 258.69
Dec 259.06
Dec 259.39
Nov 259.46
Nov 259.02
Nov 2510.09
Nov 2514.47
Oct 2514.76
Oct 2514.23
Oct 2515.01
Oct 2513.52
Oct 2514.6
Sep 2511.37
Sep 2511.33
Sep 258.56
Sep 258.23
Aug 258.35
Aug 258.31
Aug 258.27
Aug 257.63
Aug 257.59
Jul 259.03
Jul 258.01
Jul 257.93
Jul 257.5
Jun 256.19
Jun 256.44
Jun 256.95
Jun 256.48
May 255.47
May 255.72
May 256.02
May 255.72
May 255.37
Apr 255.24
Apr 254.85
Apr 255.15
Apr 254.64
Mar 254.9
Mar 255.58
Mar 255.67
Mar 254.13
Feb 254.03
Feb 254.59
Feb 254.82
Feb 254.52
Jan 254.46
Jan 254.79
Jan 255.18
Jan 255.74
Jan 256.29
Dec 245.54
Dec 245.31
Dec 245.31
Dec 245.28
Nov 244.88
Nov 243.78
Nov 243.7
Nov 243.9
Nov 244.68
Oct 244.39
Oct 244.85
EV/EBITDA
40060080010001200med 862.88Nov 17Dec 17Dec 17Jan 18Feb 18Feb 18
BLDP EV/EBITDA by quarter
PeriodEV/EBITDA
Feb 18661.32
Feb 18644.53
Feb 18589.94
Feb 18646.63
Jan 18568.94
Jan 18768.4
Jan 18816.69
Jan 18770.5
Dec 17862.88
Dec 17881.78
Dec 17919.57
Dec 17938.47
Dec 17946.87
Nov 17997.26
Nov 17917.47
Nov 171009.85
Nov 171121.13
Price/Operating Cashflow
025050075010001250med 997.35May 17Jun 17Jul 17Aug 17Sep 17Sep 17Oct 17
BLDP Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Oct 17138.64
Oct 17141.48
Oct 17145.45
Oct 17144.6
Sep 17132.69
Sep 17136.37
Sep 17125.6
Sep 1794.41
Sep 1789.88
Aug 17999.16
Aug 171010.02
Aug 17984.68
Aug 171053.46
Jul 171053.46
Jul 171089.66
Jul 171042.6
Jul 17991.92
Jun 171049.84
Jun 171067.94
Jun 171078.8
Jun 171035.36
Jun 17970.2
May 17995.54
May 171006.4
May 171006.4
May 171020.88
Price to Book
01234med 1.05Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
BLDP Price to Book by quarter
PeriodPrice to Book
Sep 261.19
Sep 261.26
Aug 261.21
Aug 261.29
Aug 261.46
Aug 261.41
Jul 261.44
Jul 261.51
Jul 261.41
Jul 261.6
Jul 261.83
Jun 261.88
Jun 262.28
Jun 262.2
Jun 262.56
May 263.28
May 262.88
May 262.32
May 262.15
May 261.68
Apr 261.62
Apr 261.47
Apr 261.39
Apr 261.23
Mar 261.18
Mar 261.19
Mar 261.18
Mar 261
Feb 261.06
Feb 261.04
Feb 261.06
Feb 261.06
Jan 261.15
Jan 261.31
Jan 261.38
Jan 261.37
Jan 261.33
Dec 251.3
Dec 251.29
Dec 251.35
Dec 251.4
Nov 251.41
Nov 251.34
Nov 251.5
Nov 251.65
Oct 251.68
Oct 251.62
Oct 251.71
Oct 251.54
Oct 251.66
Sep 251.3
Sep 251.29
Sep 250.98
Sep 250.94
Aug 250.95
Aug 250.95
Aug 250.94
Aug 250.82
Aug 250.82
Jul 250.98
Jul 250.87
Jul 250.86
Jul 250.81
Jun 250.67
Jun 250.7
Jun 250.75
Jun 250.7
May 250.59
May 250.62
May 250.65
May 250.62
May 250.56
Apr 250.54
Apr 250.5
Apr 250.53
Apr 250.48
Mar 250.51
Mar 250.58
Mar 250.59
Mar 250.52
Feb 250.51
Feb 250.58
Feb 250.61
Feb 250.57
Jan 250.57
Jan 250.61
Jan 250.66
Jan 250.73
Jan 250.8
Dec 240.7
Dec 240.67
Dec 240.67
Dec 240.67
Nov 240.62
Nov 240.43
Nov 240.42
Nov 240.44
Nov 240.53
Oct 240.49
Oct 240.55
Ballard Power Systems Inc.
BLDP
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News: BLDP

Ballard finalise l'acquisition de GeoPura et devient ainsi un fournisseur intégré de solutions énergétiques à l'hydrogène

prnewswire.com · 29 Aug 2026

Ballard finalise l'acquisition de GeoPura et devient ainsi un fournisseur intégré de solutions énergétiques à l'hydrogène

/PRNewswire/ -- Ballard Power Systems Inc. (NASDAQ: BLDP) (TSX: BLDP) (« Ballard »), leader mondial de la technologie des piles à combustible à hydrogène, a

Ballard closes acquisition of GeoPura, becoming an integrated hydrogen energy solutions provider

prnewswire.com · 28 Aug 2026

Ballard closes acquisition of GeoPura, becoming an integrated hydrogen energy solutions provider

The combined business brings together Ballard's proven fuel cell technology and global scale with GeoPura's Hydrogen Power Units, fuel supply capabilities and Energy-as-a-Service business model. VANCOUVER, BC and NEWCASTLE, UK, Aug. 28, 2026 /PRNewswire/ -- Ballard Power Systems Inc. (NASDAQ: BLDP) (TSX: BLDP) ("Ballard"), a global leader in hydrogen fuel cell technology, today announced that it has closed the acquisition of GeoPura Limited ("GeoPura"), a leading UK-based provider of zero-emission, hydrogen-based power solutions.

Ballard Power Systems, Inc. (NASDAQ:BLDP) Short Interest Update

defenseworld.net · 20 Aug 2026

Ballard Power Systems, Inc. (NASDAQ:BLDP) Short Interest Update

Ballard Power Systems, Inc. (NASDAQ: BLDP - Get Free Report) (TSE: BLD) saw a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 16,558,574 shares, a drop of 35.7% from the July 15th total of 25,762,152 shares. Currently, 5.5% of the shares of the stock are sold

Dimensional Fund Advisors LP Has $4.43 Million Position in Ballard Power Systems, Inc. $BLDP

defenseworld.net · 13 Aug 2026

Dimensional Fund Advisors LP Has $4.43 Million Position in Ballard Power Systems, Inc. $BLDP

Dimensional Fund Advisors LP boosted its holdings in Ballard Power Systems, Inc. (NASDAQ: BLDP) (TSE: BLD) by 18.3% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,831,549 shares of the technology company's stock after purchasing an additional 283,684 shares during

Ballard Power Systems: Progress Hasn't Mitigated Uncertainties

seekingalpha.com · 3 Aug 2026

Ballard Power Systems: Progress Hasn't Mitigated Uncertainties

Ballard Power Systems Inc. reported moderate revenue momentum in Q2, but the backlog finally showed an improvement due to strong orders. Cost cuts in R&D and manufacturing have cut BLDP's losses significantly, enabling a very long cash runway. The GeoPura acquisition deepens BLDP's position in the hydrogen value chain.

Ballard Power Systems Q2 Earnings Call Highlights

marketbeat.com · 31 Jul 2026

Ballard Power Systems Q2 Earnings Call Highlights

Ballard Power Systems NASDAQ: BLDP reported higher second-quarter revenue, improved gross margin and lower operating expenses, while outlining plans to expand beyond fuel cell engine supply through its proposed acquisition of hydrogen power company GeoPura.

Ballard Power Systems (BLDP) Reports Q2 Loss, Lags Revenue Estimates

zacks.com · 31 Jul 2026

Ballard Power Systems (BLDP) Reports Q2 Loss, Lags Revenue Estimates

Ballard Power Systems (BLDP) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to a loss of $0.08 per share a year ago.

Ballard Reports Q2 2026 Results

prnewswire.com · 31 Jul 2026

Ballard Reports Q2 2026 Results

VANCOUVER, BC, July 31, 2026 /PRNewswire/ -- BallardPowerSystems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2026. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards(IFRS).

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