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Side-by-side financial comparison of Ballard Power Systems Inc. (BLDP) and Ucommune International Ltd (UK). 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 $16.4M, roughly 1.1× Ucommune International Ltd). Ballard Power Systems Inc. runs the higher net margin — 994.4% vs -42.2%, a 1036.6% 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.

Ucommune International Ltd., formerly known as UrWork, is a Beijing-based co-working space provider founded in 2015 by Mao Daqing. It is now the second-largest co-working space provider after WeWork, with properties in three dozen cities around the world, including Shanghai, Singapore, Hong Kong and New York City. The company was valued at 1.8 billion US dollars in August 2018, making it the first domestic unicorn in the Chinese co-working space, but by November 2018, Ucommune had completed i...

BLDP vs UK — Head-to-Head

Bigger by revenue
BLDP
BLDP
1.1× larger
BLDP
$17.7M
$16.4M
UK
Higher net margin
BLDP
BLDP
1036.6% more per $
BLDP
994.4%
-42.2%
UK

Income Statement — Q3 FY2025 vs Q2 FY2024

Metric
BLDP
BLDP
UK
UK
Revenue
$17.7M
$16.4M
Net Profit
$176.5M
$-6.9M
Gross Margin
Operating Margin
-23.6%
Net Margin
994.4%
-42.2%
Revenue YoY
-56.1%
Net Profit YoY
-30.2%
EPS (diluted)
$-8.55

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
UK
UK
Q3 25
$17.7M
Q3 24
$-12.3M
Q2 24
$16.4M
Q2 23
$37.2M
Q2 22
$44.4M
Q1 22
$3.4M
Net Profit
BLDP
BLDP
UK
UK
Q3 25
$176.5M
Q3 24
Q2 24
$-6.9M
Q2 23
$-5.3M
Q2 22
$-34.2M
Q1 22
$-22.6M
Gross Margin
BLDP
BLDP
UK
UK
Q3 25
Q3 24
156.5%
Q2 24
Q2 23
Q2 22
Q1 22
Operating Margin
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
-23.6%
Q2 23
-22.0%
Q2 22
-86.7%
Q1 22
Net Margin
BLDP
BLDP
UK
UK
Q3 25
994.4%
Q3 24
Q2 24
-42.2%
Q2 23
-14.2%
Q2 22
-77.1%
Q1 22
-659.1%
EPS (diluted)
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
$-8.55
Q2 23
$-0.99
Q2 22
$-7.83
Q1 22

Balance Sheet & Financial Strength

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

Metric
BLDP
BLDP
UK
UK
Cash + ST InvestmentsLiquidity on hand
$10.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.7M
Total Assets
$68.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
$10.7M
Q2 23
$8.6M
Q2 22
$15.9M
Q1 22
Total Debt
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
Q2 23
$50.9K
Q2 22
$2.1M
Q1 22
Stockholders' Equity
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
$4.7M
Q2 23
$3.0M
Q2 22
$19.6M
Q1 22
Total Assets
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
$68.0M
Q2 23
$103.4M
Q2 22
$200.4M
Q1 22
Debt / Equity
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
Q2 23
0.02×
Q2 22
0.11×
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
UK
UK
Operating Cash FlowLast quarter
$5.7M
$-677.0K
Free Cash FlowOCF − Capex
$-892.0K
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
1.3%
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
UK
UK
Q3 25
$5.7M
Q3 24
$-6.6M
Q2 24
$-677.0K
Q2 23
$4.2M
Q2 22
$-16.0M
Q1 22
$-26.0K
Free Cash Flow
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
$-892.0K
Q2 23
$3.2M
Q2 22
$-19.9M
Q1 22
FCF Margin
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
-5.5%
Q2 23
8.5%
Q2 22
-44.8%
Q1 22
Capex Intensity
BLDP
BLDP
UK
UK
Q3 25
Q3 24
Q2 24
1.3%
Q2 23
2.8%
Q2 22
8.7%
Q1 22
Cash Conversion
BLDP
BLDP
UK
UK
Q3 25
0.03×
Q3 24
Q2 24
Q2 23
Q2 22
Q1 22

Financial Flow Comparison

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

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