vs

Side-by-side financial comparison of Ballard Power Systems Inc. (BLDP) and Osisko Development Corp. (ODV). Click either name above to swap in a different company.

Ballard Power Systems Inc. is the larger business by last-quarter revenue ($17.7M vs $10.4M, roughly 1.7× Osisko Development Corp.).

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.

Osisko Development Corp. is a Canada-based mining exploration and development firm focused on high-grade gold and precious metal assets. It holds North American mineral projects, advancing them through exploration, feasibility study, and pre-production phases while adhering to sustainable mining standards.

BLDP vs ODV — Head-to-Head

Bigger by revenue
BLDP
BLDP
1.7× larger
BLDP
$17.7M
$10.4M
ODV

Income Statement — Q3 FY2025 vs Q3 FY2024

Metric
BLDP
BLDP
ODV
ODV
Revenue
$17.7M
$10.4M
Net Profit
$176.5M
Gross Margin
3.2%
Operating Margin
-149.3%
Net Margin
994.4%
Revenue YoY
Net Profit YoY
EPS (diluted)

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
ODV
ODV
Q3 25
$17.7M
Q3 24
$-12.3M
$10.4M
Q2 24
$10.8M
Q2 23
$22.0M
Q3 22
$4.7M
Q1 22
$3.4M
Net Profit
BLDP
BLDP
ODV
ODV
Q3 25
$176.5M
Q3 24
Q2 24
Q2 23
$-23.8M
Q3 22
$-76.8M
Q1 22
$-22.6M
Gross Margin
BLDP
BLDP
ODV
ODV
Q3 25
Q3 24
156.5%
3.2%
Q2 24
Q2 23
28.2%
Q3 22
Q1 22
Operating Margin
BLDP
BLDP
ODV
ODV
Q3 25
Q3 24
-149.3%
Q2 24
-124.0%
Q2 23
-241.5%
Q3 22
-1940.8%
Q1 22
Net Margin
BLDP
BLDP
ODV
ODV
Q3 25
994.4%
Q3 24
Q2 24
Q2 23
-108.2%
Q3 22
-1641.7%
Q1 22
-659.1%

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
ODV
ODV
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
ODV
ODV
Q3 25
$5.7M
Q3 24
$-6.6M
Q2 24
Q2 23
Q3 22
Q1 22
$-26.0K
Cash Conversion
BLDP
BLDP
ODV
ODV
Q3 25
0.03×
Q3 24
Q2 24
Q2 23
Q3 22
Q1 22

Financial Flow Comparison

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

Related Comparisons