ballard power systems inc. - BLDP

BLDP

Close Chg Chg %
2.41 0.07 2.90%

Closed Market

2.48

+0.07 (2.90%)

Volume: 1.77M

Last Updated:

Apr 2, 2026, 4:00 PM EDT

Company Overview: ballard power systems inc. - BLDP

BLDP Key Data

Open

$2.35

Day Range

2.34 - 2.51

52 Week Range

1.00 - 4.10

Market Cap

$746.26M

Shares Outstanding

300.91M

Public Float

296.76M

Beta

1.68

Rev. Per Employee

N/A

P/E Ratio

N/A

EPS

-$0.30

Yield

0.00%

Dividend

N/A

EX-DIVIDEND DATE

SHORT INTEREST

N/A

AVERAGE VOLUME

3.86M

 

BLDP Performance

1 Week
 
3.98%
 
1 Month
 
23.38%
 
3 Months
 
-7.46%
 
1 Year
 
129.63%
 
5 Years
 
-89.73%
 

BLDP Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 13
Full Ratings ➔

About ballard power systems inc. - BLDP

Ballard Power Systems, Inc. engages in the design, development, manufacture, sale, and service of fuel cell products. It focuses on power products for bus, truck, rail, marine, stationery, and emerging markets applications, as well as the delivery of services, including technology solutions, after sales services, and training. The company was founded in 1979 and is headquartered in Burnaby, Canada.

BLDP At a Glance

Ballard Power Systems, Inc.
9000 Glenlyon Parkway
Burnaby, British Columbia V5J 5J8
Phone 1-604-454-0900 Revenue 99.37M
Industry Electrical Products Net Income -90,914,000.00
Sector Producer Manufacturing 2025 Sales Growth 42.505%
Fiscal Year-end 12 / 2026 Employees 492
View SEC Filings

BLDP Valuation

P/E Current N/A
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) N/A
Price to Sales Ratio 7.713
Price to Book Ratio 1.302
Price to Cash Flow Ratio N/A
Enterprise Value to EBITDA -3.383
Enterprise Value to Sales 2.589
Total Debt to Enterprise Value 0.086

BLDP Efficiency

Revenue/Employee 201,971.545
Income Per Employee -184,784.553
Receivables Turnover 4.106
Total Asset Turnover 0.136

BLDP Liquidity

Current Ratio 9.861
Quick Ratio 9.143
Cash Ratio 8.71

BLDP Profitability

Gross Margin 2.374
Operating Margin -80.618
Pretax Margin -86.682
Net Margin -91.49
Return on Assets -12.457
Return on Equity -14.397
Return on Total Capital -14.854
Return on Invested Capital -13.958

BLDP Capital Structure

Total Debt to Total Equity 3.753
Total Debt to Total Capital 3.617
Total Debt to Total Assets 3.244
Long-Term Debt to Equity 3.175
Long-Term Debt to Total Capital 3.06
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Ballard Power Systems Inc. - BLDP

Collapse All in section
All values USD millions. 2022 2023 2024 2025 5-year trend
Sales/Revenue
83.79M 102.37M 69.73M 99.37M
Sales Growth
-19.83% +22.18% -31.88% +42.50%
Cost of Goods Sold (COGS) incl D&A
105.40M 132.74M 98.74M 97.01M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
13.36M 12.75M 11.56M 4.06M
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+9.44% +25.94% -25.61% -1.75%
Gross Income
(21.62M) (30.37M) (29.01M) 2.36M
Gross Income Growth
-363.85% -40.50% +4.47% +108.13%
Gross Profit Margin
-25.80% -29.67% -41.61% +2.37%
2022 2023 2024 2025 5-year trend
SG&A Expense
128.25M 131.55M 138.34M 82.47M
Research & Development
89.35M 91.77M 88.91M 56.48M
Other SG&A
38.90M 39.78M 49.43M 25.99M
SGA Growth
+37.16% +2.57% +5.16% -40.39%
Other Operating Expense
- - - -
-
Unusual Expense
29.05M 14.85M 182.69M 29.83M
EBIT after Unusual Expense
(178.91M) (176.77M) (350.04M) (109.94M)
Non Operating Income/Expense
14.78M 43.95M 33.72M 25.71M
Non-Operating Interest Income
19.61M 43.34M 36.89M 24.53M
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
1.28M 1.11M 2.15M 1.91M
Interest Expense Growth
-1.16% -13.60% +94.21% -11.23%
Gross Interest Expense
1.28M 1.11M 2.15M 1.91M
Interest Capitalized
- - - -
-
Pretax Income
(165.41M) (133.92M) (318.47M) (86.14M)
Pretax Income Growth
-67.98% +19.04% -137.80% +72.95%
Pretax Margin
-197.42% -130.82% -456.71% -86.68%
Income Tax
(3.54M) 158.00K 121.00K 51.00K
Income Tax - Current - Domestic
42.00K 158.00K 121.00K 51.00K
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - (3.58M)
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
(173.49M) (144.21M) (323.53M) (90.91M)
Minority Interest Expense
- - - -
-
Net Income
(173.49M) (144.21M) (323.53M) (90.91M)
Net Income Growth
-51.66% +16.88% -124.35% +71.90%
Net Margin Growth
-207.07% -140.87% -463.97% -91.49%
Extraordinaries & Discontinued Operations
- - (33.51M) (715.00K)
-
Discontinued Operations
- - (33.51M) (715.00K)
-
Net Income After Extraordinaries
(173.49M) (177.72M) (324.25M) (90.91M)
Preferred Dividends
- - - -
-
Net Income Available to Common
(173.49M) (177.72M) (324.25M) (90.91M)
EPS (Basic)
-0.582 -0.595 -1.0833 -0.3029
EPS (Basic) Growth
-50.47% -2.23% -82.07% +72.04%
Basic Shares Outstanding
298.09M 298.66M 299.31M 300.16M
EPS (Diluted)
-0.582 -0.595 -1.0833 -0.3029
EPS (Diluted) Growth
-50.47% -2.23% -82.07% +72.04%
Diluted Shares Outstanding
298.09M 298.66M 299.31M 300.16M
EBITDA
(136.51M) (149.16M) (155.79M) (76.05M)
EBITDA Growth
-80.66% -9.27% -4.44% +51.18%
EBITDA Margin
-162.92% -145.71% -223.42% -76.53%

Snapshot

Average Recommendation HOLD Average Target Price 2.586
Number of Ratings 13 Current Quarters Estimate -0.056
FY Report Date 06 / 2026 Current Year's Estimate -0.19
Last Quarter’s Earnings -0.055 Median PE on CY Estimate N/A
Year Ago Earnings -0.30 Next Fiscal Year Estimate -0.157
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 8 8 11 8
Mean Estimate -0.06 -0.05 -0.19 -0.16
High Estimates -0.04 -0.02 -0.12 -0.08
Low Estimate -0.07 -0.06 -0.25 -0.20
Coefficient of Variance -23.16 -27.82 -25.68 -29.47

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 0 0 0
OVERWEIGHT 0 0 0
HOLD 11 11 10
UNDERWEIGHT 0 0 1
SELL 2 2 2
MEAN Hold Hold Hold

Ballard Power Systems Inc. in the News