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Side-by-side financial comparison of Ballard Power Systems Inc. (BLDP) and First Western Financial Inc (MYFW). Click either name above to swap in a different company.

First Western Financial Inc is the larger business by last-quarter revenue ($27.5M vs $17.7M, roughly 1.6× Ballard Power Systems Inc.).

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.

The Western Union Company is an American multinational financial services corporation headquartered in Denver, Colorado.

BLDP vs MYFW — Head-to-Head

Bigger by revenue
MYFW
MYFW
1.6× larger
MYFW
$27.5M
$17.7M
BLDP

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
BLDP
BLDP
MYFW
MYFW
Revenue
$17.7M
$27.5M
Net Profit
$176.5M
Gross Margin
Operating Margin
Net Margin
994.4%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.63

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
MYFW
MYFW
Q1 26
$27.5M
Q4 25
$26.7M
Q3 25
$17.7M
$26.3M
Q2 25
$24.2M
Q1 25
$24.8M
Q4 24
$24.3M
Q3 24
$-12.3M
$22.5M
Q2 24
$22.8M
Net Profit
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
$3.3M
Q3 25
$176.5M
$3.2M
Q2 25
$2.5M
Q1 25
$4.2M
Q4 24
$2.7M
Q3 24
$2.1M
Q2 24
$1.1M
Gross Margin
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
156.5%
Q2 24
Operating Margin
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
16.6%
Q3 25
15.1%
Q2 25
13.7%
Q1 25
21.6%
Q4 24
16.1%
Q3 24
11.9%
Q2 24
6.2%
Net Margin
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
12.9%
Q3 25
994.4%
12.1%
Q2 25
10.3%
Q1 25
16.9%
Q4 24
11.3%
Q3 24
9.5%
Q2 24
4.7%
EPS (diluted)
BLDP
BLDP
MYFW
MYFW
Q1 26
$0.63
Q4 25
$0.33
Q3 25
$0.32
Q2 25
$0.26
Q1 25
$0.43
Q4 24
$0.28
Q3 24
$0.22
Q2 24
$0.11

Balance Sheet & Financial Strength

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

Metric
BLDP
BLDP
MYFW
MYFW
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$273.4M
Total Assets
$3.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Total Debt
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$0
Q3 24
Q2 24
Stockholders' Equity
BLDP
BLDP
MYFW
MYFW
Q1 26
$273.4M
Q4 25
$265.6M
Q3 25
$261.5M
Q2 25
$258.8M
Q1 25
$256.6M
Q4 24
$252.3M
Q3 24
$248.8M
Q2 24
$246.9M
Total Assets
BLDP
BLDP
MYFW
MYFW
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$3.0B
Q1 25
$2.9B
Q4 24
$2.9B
Q3 24
$2.9B
Q2 24
$2.9B
Debt / Equity
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.00×
Q3 24
Q2 24

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
MYFW
MYFW
Operating Cash FlowLast quarter
$5.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
$-1.8M
Q3 25
$5.7M
$10.0M
Q2 25
$-9.1M
Q1 25
$8.0M
Q4 24
$606.0K
Q3 24
$-6.6M
$18.8M
Q2 24
$-11.5M
Free Cash Flow
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
$-5.8M
Q3 25
$9.0M
Q2 25
$-9.7M
Q1 25
$7.0M
Q4 24
$-607.0K
Q3 24
$18.6M
Q2 24
$-11.9M
FCF Margin
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
-21.6%
Q3 25
34.1%
Q2 25
-39.9%
Q1 25
28.1%
Q4 24
-2.5%
Q3 24
82.3%
Q2 24
-52.1%
Capex Intensity
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
14.9%
Q3 25
4.1%
Q2 25
2.4%
Q1 25
4.2%
Q4 24
5.0%
Q3 24
1.3%
Q2 24
1.6%
Cash Conversion
BLDP
BLDP
MYFW
MYFW
Q1 26
Q4 25
-0.54×
Q3 25
0.03×
3.15×
Q2 25
-3.63×
Q1 25
1.91×
Q4 24
0.22×
Q3 24
8.83×
Q2 24
-10.68×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLDP
BLDP

Segment breakdown not available.

MYFW
MYFW

Net Interest Income$20.9M76%
Noninterest Income$6.7M24%

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