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Side-by-side financial comparison of Ballard Power Systems Inc. (BLDP) and Legacy Education Inc. (LGCY). Click either name above to swap in a different company.

Legacy Education Inc. is the larger business by last-quarter revenue ($19.2M vs $17.7M, roughly 1.1× Ballard Power Systems Inc.). Ballard Power Systems Inc. runs the higher net margin — 994.4% vs 10.6%, a 983.8% gap on every dollar of revenue.

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.

Legacy Education Inc. is a professional educational service provider focused on financial literacy, real estate investment, entrepreneurship, and personal wealth management training programs. It mainly serves individual learners across North America, Europe and select Asia-Pacific markets, offering both in-person workshops and online digital courses to help users build practical financial and business skills.

BLDP vs LGCY — Head-to-Head

Bigger by revenue
LGCY
LGCY
1.1× larger
LGCY
$19.2M
$17.7M
BLDP
Higher net margin
BLDP
BLDP
983.8% more per $
BLDP
994.4%
10.6%
LGCY

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
BLDP
BLDP
LGCY
LGCY
Revenue
$17.7M
$19.2M
Net Profit
$176.5M
$2.0M
Gross Margin
Operating Margin
13.3%
Net Margin
994.4%
10.6%
Revenue YoY
40.7%
Net Profit YoY
46.0%
EPS (diluted)
$0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BLDP
BLDP
LGCY
LGCY
Q4 25
$19.2M
Q3 25
$17.7M
$19.4M
Q2 25
$18.0M
Q1 25
$18.6M
Q4 24
$13.6M
Q3 24
$-12.3M
$14.0M
Q1 22
$3.4M
Net Profit
BLDP
BLDP
LGCY
LGCY
Q4 25
$2.0M
Q3 25
$176.5M
$2.2M
Q2 25
$1.2M
Q1 25
$2.8M
Q4 24
$1.4M
Q3 24
$2.1M
Q1 22
$-22.6M
Gross Margin
BLDP
BLDP
LGCY
LGCY
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
156.5%
Q1 22
Operating Margin
BLDP
BLDP
LGCY
LGCY
Q4 25
13.3%
Q3 25
13.9%
Q2 25
11.1%
Q1 25
19.7%
Q4 24
12.2%
Q3 24
19.1%
Q1 22
Net Margin
BLDP
BLDP
LGCY
LGCY
Q4 25
10.6%
Q3 25
994.4%
11.3%
Q2 25
6.8%
Q1 25
15.2%
Q4 24
10.3%
Q3 24
14.9%
Q1 22
-659.1%
EPS (diluted)
BLDP
BLDP
LGCY
LGCY
Q4 25
$0.15
Q3 25
$0.16
Q2 25
$0.07
Q1 25
$0.21
Q4 24
$0.10
Q3 24
$0.21
Q1 22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLDP
BLDP
LGCY
LGCY
Cash + ST InvestmentsLiquidity on hand
$21.1M
Total DebtLower is stronger
$660.3K
Stockholders' EquityBook value
$46.1M
Total Assets
$73.1M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLDP
BLDP
LGCY
LGCY
Q4 25
$21.1M
Q3 25
$20.6M
Q2 25
$20.3M
Q1 25
$17.3M
Q4 24
$16.9M
Q3 24
$21.5M
Q1 22
Total Debt
BLDP
BLDP
LGCY
LGCY
Q4 25
$660.3K
Q3 25
$776.9K
Q2 25
$1.4M
Q1 25
$1.0M
Q4 24
$1.1M
Q3 24
$758.2K
Q1 22
Stockholders' Equity
BLDP
BLDP
LGCY
LGCY
Q4 25
$46.1M
Q3 25
$43.7M
Q2 25
$41.0M
Q1 25
$39.3M
Q4 24
$36.4M
Q3 24
$32.6M
Q1 22
Total Assets
BLDP
BLDP
LGCY
LGCY
Q4 25
$73.1M
Q3 25
$72.1M
Q2 25
$69.2M
Q1 25
$67.1M
Q4 24
$62.1M
Q3 24
$50.6M
Q1 22
Debt / Equity
BLDP
BLDP
LGCY
LGCY
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.02×
Q1 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLDP
BLDP
LGCY
LGCY
Operating Cash FlowLast quarter
$5.7M
$1.1M
Free Cash FlowOCF − Capex
$512.7K
FCF MarginFCF / Revenue
2.7%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
0.03×
0.52×
TTM Free Cash FlowTrailing 4 quarters
$4.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLDP
BLDP
LGCY
LGCY
Q4 25
$1.1M
Q3 25
$5.7M
$1.1M
Q2 25
$3.0M
Q1 25
$918.7K
Q4 24
$659.0K
Q3 24
$-6.6M
$3.2M
Q1 22
$-26.0K
Free Cash Flow
BLDP
BLDP
LGCY
LGCY
Q4 25
$512.7K
Q3 25
$809.7K
Q2 25
$2.9M
Q1 25
$596.6K
Q4 24
$466.8K
Q3 24
$2.9M
Q1 22
FCF Margin
BLDP
BLDP
LGCY
LGCY
Q4 25
2.7%
Q3 25
4.2%
Q2 25
16.2%
Q1 25
3.2%
Q4 24
3.4%
Q3 24
21.1%
Q1 22
Capex Intensity
BLDP
BLDP
LGCY
LGCY
Q4 25
2.8%
Q3 25
1.3%
Q2 25
0.5%
Q1 25
1.7%
Q4 24
1.4%
Q3 24
1.7%
Q1 22
Cash Conversion
BLDP
BLDP
LGCY
LGCY
Q4 25
0.52×
Q3 25
0.03×
0.48×
Q2 25
2.45×
Q1 25
0.33×
Q4 24
0.47×
Q3 24
1.52×
Q1 22

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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