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Ballard Power Systems Inc.
Ballard Power Systems Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 22,564 | -6.1 | 0.98 | 0.04 | 148.83 |
| Oct 2026 | 22,521 | -6.9 | 1.01 | 0.04 | 153.55 |
Ballard Power Systems Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 20,598,000.0 | 19,421,000.0 | 33,638,000.0 | 32,501,000.0 |
| Net Profit | -20,276,000.0 | -11,392,000.0 | -17,527,000.0 | -28,070,000.0 |
| EPS | — | -0.0 | -0.1 | -0.1 |
Ballard Power Systems Inc. Revenue & Profit: Last 5 Years
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 99,370,000.0 | 69,731,000.0 | 102,368,000.0 | 81,860,000.0 | — |
| Net Profit | -90,914,000.0 | -324,245,000.0 | -177,716,000.0 | -173,494,000.0 | — |
| EPS | -0.3 | -1.1 | -0.6 | -0.6 | — |
Ballard Power Systems Inc. Balance Sheet
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Total Assets | 682,388,000.0 | 777,307,000.0 | 1,077,542,000.0 | 1,247,077,000.0 | — |
| Total Liabilities | 92,458,000.0 | 104,317,000.0 | 86,326,000.0 | 88,166,000.0 | — |
| Total Equity | 589,930,000.0 | 672,990,000.0 | 991,216,000.0 | 1,158,911,000.0 | — |
Owes vs Owns
Ballard Power Systems Inc. owed $0.13 for every $1 it owned in Jun 2026, up from $0.07 in Dec 2022.
| Period | Jun 2026 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.13× | 0.14× | 0.13× | 0.08× | 0.07× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Ballard Power Systems Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Dec 2025
Cash & short-term investments 77.9%Receivables 3.5%Inventory 6.4%Fixed assets (tangible) 4.7%Long-term investments 7.0%
How it's funded — Dec 2025
Short-term debt 0.5%Long-term debt 2.7%Payables 1.8%Other liabilities 8.5%Shareholders' equity 86.5%
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 531.3 | 606.1 | 753.2 | 915.7 |
| Receivables | 24.2 | 32.0 | 58.6 | 48.7 |
| Inventory | 43.8 | 56.4 | 45.9 | 58.0 |
| Fixed assets (tangible) | 32.2 | 30.4 | 116.3 | 82.4 |
| Intangible assets | 0.2 | 1.8 | 41.7 | 69.5 |
| Long-term investments | 48.0 | 45.8 | 54.2 | 66.4 |
| Other assets | 2.7 | 4.9 | 7.6 | 6.4 |
| Liabilities & equity | ||||
| Short-term debt | 3.4 | 2.9 | 4.5 | 3.9 |
| Long-term debt | 18.7 | 21.0 | 13.4 | 11.8 |
| Payables | 12.0 | 12.3 | 13.7 | 20.4 |
| Other liabilities | 58.3 | 68.1 | 54.7 | 52.0 |
| Shareholders' equity | 589.9 | 673.0 | 991.2 | 1,158.9 |
| Net tangible assets | 589.7 | 671.2 | 949.5 | 1,089.4 |
Ballard Power Systems Inc. Cash Flow
| Line Item | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
| Operating Activities | -56,167,000.0 | -108,099,000.0 | -104,570,000.0 | -132,171,000.0 | — |
| Investing Activities | -20,941,000.0 | -36,505,000.0 | -54,279,000.0 | -75,557,000.0 | — |
| Financing Activities | -2,584,000.0 | -1,530,000.0 | -3,678,000.0 | -2,406,000.0 | — |