Ballard Power Systems Financial Statements 2025-2011 | BLDP

Annual Financial Statements Ballard Power Systems

	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Market Cap	717 M	323 M	830 M	1.25 B	3.07 B	8.49 B	2.3 B	649 M	638 M	312 M	187 M	197 M	196 M	56.9 M	103 M
Shares	300 M	299 M	299 M	298 M	295 M	248 M	233 M	186 M	176 M	163 M	140 M	127 M	100 M	87.6 M	84.4 M
Historical Prices	2.39	1.08	2.78	4.18	10.4	34.2	9.87	3.49	3.71	1.86	1.33	1.55	2.12	0.67	1.19
Net Income	-90.9 M	-324 M	-178 M	-173 M	-114 M	-51.4 M	-39 M	-27.3 M	-8.05 M	-21.7 M	-5.82 M	-27.9 M	-20 M	-42.1 M	-33.4 M
Revenue	-	-	-	-	-	104 M	106 M	96.6 M	121 M	85.3 M	56.5 M	68.7 M	61.3 M	43.7 M	76 M
Cost of Revenue	93.9 M	91.7 M	124 M	95.2 M	90.5 M	82.9 M	83.4 M	66.9 M	79.7 M	61.1 M	-	-	-	-	-
Gross Profit	5.46 M	-22 M	-21.8 M	-13.3 M	14 M	21 M	22.6 M	29.7 M	41.6 M	24.2 M	9.97 M	10.2 M	16.8 M	7.37 M	13.9 M
Operating Income	-103 M	-183 M	-163 M	-145 M	-88.1 M	-39.8 M	-25.4 M	-20.8 M	-4.88 M	-18.1 M	-	-	-	-	-
EBITDA	-103 M	-183 M	-163 M	-145 M	-88.1 M	-39.8 M	-25.4 M	-20.8 M	741 K	-11.6 M	-20.3 M	-16.4 M	-14 M	-25 M	-27.7 M
Operating Expenses	-	-	-	-	-	62.1 M	48.4 M	50.2 M	45.9 M	40.3 M	34.6 M	32.3 M	36.5 M	38.5 M	47.5 M
General and Administrative Expenses	-	-	-	-	-	16.5 M	13.5 M	15.1 M	13 M	13.3 M	11 M	10.4 M	11.7 M	12.3 M	12.5 M

All numbers in USD currency

Quarterly Income Statement Ballard Power Systems

	2025-Q4	2024-Q4	2023-Q4	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
Shares	300 M	299 M	299 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-90.9 M	-324 M	-178 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of Revenue	93.9 M	91.7 M	124 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	5.46 M	-22 M	-21.8 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	-103 M	-183 M	-163 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	-103 M	-183 M	-163 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements Ballard Power Systems BLDP

Income Statement
Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
Balance Sheet
Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
Liabilities — debts and other external sources of financing.
Equity — owners' capital and retained earnings.
Cash Flow Statement
Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.

International reporting standards

IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
GAAP — Generally Accepted Accounting Principles used in the United States.
RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting Ballard Power Systems plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Industrial machinery industry

Issuer	Price	% 24h	Market Cap	Country
Donaldson Company DCI	$ 87.97	0.23 %	$ 10.2 B	USA
IDEX Corporation IEX	$ 235.55	0.22 %	$ 17.7 B	USA
Omega Flex OFLX	$ 25.62	0.12 %	$ 259 M	USA
AMETEK AME	$ 248.17	0.08 %	$ 57.2 B	USA
Arcosa ACA	$ 147.06	0.03 %	$ 7.19 B	USA
Arconic Corporation ARNC	-	-	$ 3.11 B	USA
CVD Equipment Corporation CVV	$ 3.87	0.75 %	$ 26.6 M	USA
Enerpac Tool Group Corp. EPAC	$ 35.17	0.29 %	$ 1.9 B	USA
Franklin Electric Co. FELE	$ 100.16	0.18 %	$ 4.51 B	USA
Flowserve Corporation FLS	$ 70.52	0.23 %	$ 9.17 B	USA
General Electric Company GE	$ 313.83	0.59 %	$ 333 B	USA
Gates Industrial Corporation plc GTES	$ 25.83	0.3 %	$ 6.55 B	USA
Lennox International LII	$ 357.73	0.25 %	$ 12.6 B	USA
Altra Industrial Motion Corp. AIMC	-	-0.02 %	$ 4.05 B	USA
Luxfer Holdings PLC LXFR	$ 17.23	0.03 %	$ 461 M	Britain
Welbilt WBT	-	0.08 %	$ 3.44 B	USA
Williams Industrial Services Group WLMS	-	-4.75 %	$ 9.72 M	USA
Barnes Group B	$ 40.82	0.67 %	$ 2.08 B	USA
Mueller Water Products MWA	$ 21.77	0.6 %	$ 3.4 B	USA
Nordson Corporation NDSN	$ 322.31	0.38 %	$ 18.2 B	USA
A. O. Smith Corporation AOS	$ 59.22	0.14 %	$ 8.35 B	USA
Atkore ATKR	$ 94.96	0.02 %	$ 3.23 B	USA
Crane Co. CR	$ 205.83	0.05 %	$ 11.8 B	USA
Curtiss-Wright Corporation CW	$ 502.32	0.17 %	$ 18.8 B	USA
Eaton Corporation ETN	$ 391.25	0.38 %	$ 153 B	Irlanda
Otis Worldwide Corporation OTIS	$ 71.33	1.31 %	$ 28 B	USA
Broadwind BWEN	$ 3.28	0.84 %	$ 75 M	USA
Parker-Hannifin Corporation PH	$ 963.34	0.17 %	$ 122 B	USA
Pentair plc PNR	$ 53.44	0.11 %	$ 8.77 B	Schweiz
Generac Holdings GNRC	$ 192.68	0.19 %	$ 11.3 B	USA
Honeywell International HON	$ 211.41	0.43 %	$ 135 B	USA
SPX Corporation SPXC	$ 166.04	0.16 %	$ 7.94 B	USA
Trane Technologies plc TT	$ 458.89	0.33 %	$ 102 B	Irlanda
Twin Disc, Incorporated TWIN	$ 24.47	0.22 %	$ 347 M	USA
Ultralife Corporation ULBI	$ 6.02	0.16 %	$ 100 M	USA
The Gorman-Rupp Company GRC	$ 71.89	0.16 %	$ 1.89 B	USA
Graham Corporation GHM	$ 68.48	0.19 %	$ 752 M	USA
Ingersoll Rand IR	$ 77.78	0.08 %	$ 31 B	USA
ITT ITT	$ 198.42	0.09 %	$ 15.8 B	USA
CIRCOR International CIR	-	-	$ 1.14 B	USA
Watts Water Technologies WTS	$ 356.7	0.46 %	$ 11.9 B	USA
Xylem XYL	$ 104.05	0.66 %	$ 25.3 B	USA
Greenland Technologies Holding Corporation GTEC	$ 0.66	0.06 %	$ 10.7 M	China
Hurco Companies HURC	$ 21.2	1.92 %	$ 137 M	USA
Howmet Aerospace HWM	$ 220.96	0.57 %	$ 89.3 B	USA
Kornit Digital Ltd. KRNT	$ 16.96	0.02 %	$ 764 M	Israel
Helios Technologies HLIO	$ 67.64	0.1 %	$ 2.25 B	USA
The Middleby Corporation MIDD	$ 107.78	0.28 %	$ 5.38 B	USA
3M Company MMM	$ 164.75	0.32 %	$ 88.5 B	USA

Ballard Power Systems Financial Statements 2025-2011 | BLDP

Annual Financial Statements Ballard Power Systems

Market Cap

Shares

Historical Prices

Net Income

Revenue

Cost of Revenue

Gross Profit

Operating Income

EBITDA

Operating Expenses

General and Administrative Expenses

Annual performance