BLDP
Ballard Power Systems Inc.
NASDAQ · Industrials · Industrial - Machinery · CA
$2.34
+2.18%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 105.6M | 101.1M | 69.7M | 102.4M | 81.9M |
| Cost of Revenue | 88.3M | 98.7M | 91.7M | 124.2M | 95.2M |
| Gross Profit | 17.3M | 2.4M | (22.0M) | (21.8M) | (13.3M) |
| Operating Expenses | |||||
| R&D Expense | 41.9M | 57.5M | 94.5M | 98.3M | 89.7M |
| SG&A Expense | 25.0M | 26.5M | 37.0M | 39.0M | 38.9M |
| General & Admin Expense | 19.0M | 18.4M | 23.5M | 23.9M | 26.4M |
| Selling & Marketing Expense | 6.1M | 8.0M | 13.5M | 15.1M | 12.5M |
| Other Expenses | 17.6M | (56.1K) | 29.8M | 3.8M | 100.0K |
| Total Operating Expenses | 84.6M | 83.9M | 161.3M | 141.1M | 128.7M |
| Cost and Expenses | 172.9M | 182.6M | 253.0M | 265.3M | 223.9M |
| Operating Income (EBIT) | (67.3M) | (81.5M) | (183.3M) | (162.9M) | (142.0M) |
| Non-Operating | |||||
| Interest Income | 4.7M | 25.0M | — | — | 18.8M |
| Interest Expense | 1.8M | 1.9M | 2.1M | 1.2M | 1.2M |
| Net Interest Income | 3.0M | 23.0M | (2.1M) | (1.2M) | 17.6M |
| Other Non-Op Income/Expense | (9.4M) | (10.9M) | (140.1M) | 18.9M | (18.3M) |
| Non-Operating Income (excl Interest) | 806.0K | — | 138.0M | (27.7M) | 17.0M |
| EBT (Pre-Tax Income) | (76.7M) | (92.5M) | (323.4M) | (144.1M) | (160.3M) |
| Income Tax Expense | 49.4K | 51.9K | 121.0K | 158.0K | 42.0K |
| Bottom Line | |||||
| Net Income | (76.8M) | (92.5M) | (324.2M) | (177.7M) | (173.5M) |
| Earnings from Cont. Ops | (76.8M) | (92.5M) | (323.5M) | (144.2M) | (160.4M) |
| Earnings from Discont. Ops | — | — | (715.0K) | (33.5M) | (13.1M) |
| Bottom Line Net Income | (76.8M) | (92.5M) | (324.2M) | (181.0M) | (173.5M) |
| Per Share | |||||
| Basic EPS | ($0.26) | ($0.31) | ($1.08) | ($0.61) | ($0.58) |
| Diluted EPS | ($0.26) | ($0.30) | ($1.08) | ($0.61) | ($0.58) |
| Revenue Per Share | $0.35 | $0.33 | $0.23 | $0.34 | $0.27 |
| Shares | |||||
| Basic Shares Outstanding | 301.5M | 303.0M | 299.3M | 298.7M | 298.1M |
| Diluted Shares Outstanding | 301.5M | 303.0M | 299.3M | 298.7M | 298.1M |
| Profitability Metrics | |||||
| EBITDA | (63.9M) | (77.4M) | (309.3M) | (122.3M) | (145.3M) |
| D&A | 4.1M | 4.1M | 12.0M | 13.5M | 13.8M |
| EBIT | (68.1M) | (81.5M) | (321.3M) | (135.3M) | (159.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026