Ballard Power Systems Inc.BLDPEarnings & Financial Report
Nasdaq
Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive, portable power, material handling as well as engineering services. Ballard has designed and shipped over 400 MW of fuel cell products to date.
NextMar 31, 2026
BLDP Q3 2025 Key Financial Metrics
Revenue
$32.5M
Gross Profit
$60.0M
Operating Profit
N/A
Net Profit
N/A
Gross Margin
184.7%
Operating Margin
N/A
Net Margin
N/A
YoY Growth
N/A
Financial Flow
Ballard Power Systems Inc. Q3 2025 Financial Summary
Ballard Power Systems Inc. reported revenue of $32.5M for Q3 2025, with a net profit of N/A (N/A margin). Cost of goods sold was $-27.5M, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $32.5M |
|---|---|
| Net Profit | N/A |
| Gross Margin | 184.7% |
| Operating Margin | N/A |
| Report Period | Q3 2025 |
Income Statement
| Q1 2022 | Q2 2022 | Q1 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Revenue | $21.0M | $20.9M | $14.5M | $15.4M | $32.5M |
| YoY Growth | N/A | N/A | N/A | N/A | N/A |
Balance Sheet
| Q1 2022 | Q2 2022 | Q1 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | N/A | N/A |
| Liabilities | N/A | N/A | N/A | N/A | N/A |
| Equity | N/A | N/A | N/A | N/A | N/A |
Cash Flow
| Q1 2022 | Q2 2022 | Q1 2024 | Q1 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $-41.7M | $-39.0M | $-20.0M | $-24.4M | $-22.9M |