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Company research

Ballard Power Systems Inc.

CIK 1453015Updated Sep 24, 2026

Name history
7076991 Canada Inc. · through Jan 2, 2009

BLDP price & chart

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In the news

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Seeking Alpha

Recent filings

  1. 6-K filing

    6-K · 2026-08-28 · 0001279569-26-000834

  2. 6-K filing

    6-K · 2026-07-31 · 0001628280-26-051245

  3. 6-K filing

    6-K · 2026-07-31 · 0001279569-26-000723

  4. 6-K filing

    6-K · 2026-07-07 · 0001206774-26-000351

  5. 6-K filing

    6-K · 2026-07-07 · 0001279569-26-000630

Show 5 more recent filings
  1. 144 filing

    144 · 2026-07-06 · 0001213900-26-075159

  2. 6-K filing

    6-K · 2026-06-23 · 0001279569-26-000579

  3. 6-K filing

    6-K · 2026-06-16 · 0001279569-26-000549

  4. 6-K filing

    6-K · 2026-06-04 · 0001279569-26-000506

  5. SD filing

    SD · 2026-05-28 · 0001628280-26-038770

Financials

FY 2025 · USD
Revenue · FY 2025
Net income · FY 2025
AssetsUSD · FY 2025
Cash · FY 2025
Operating income-103,458,000USD · FY 2025
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

Diluted EPS-0.3USD per share · FY 2025
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

Balance-sheet figures are unavailable pending verification.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Profit or LossUSD-90,914,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-324,245,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-177,716,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-173,494,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

Additional Financial Items
AdjustmentsForDeferredTaxOfPriorPeriodsUSD5,811,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

1,648,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

2,174,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

304,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

AdjustmentsForSharebasedPaymentsUSD6,339,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

7,456,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

10,959,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

9,408,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

AdjustmentsForUnrealisedForeignExchangeLossesGainsUSD-685,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

1,095,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-1,296,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

862,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

GoodwillUSD0
Source

40-F · 2025-03-13 · 0001453015-25-000003

As of 2024-12-31

40,277,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

As of 2023-12-31

64,268,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

As of 2022-12-31

OtherAdjustmentsToReconcileProfitLossUSD18,048,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

5,236,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-17,086,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-10,428,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

PaymentsOfLeaseLiabilitiesClassifiedAsFinancingActivitiesUSD3,043,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

3,327,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

4,013,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

3,322,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ProceedsFromSalesOfInvestmentsOtherThanInvestmentsAccountedForUsingEquityMethodUSD0
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

1,000,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

ProceedsFromSalesOfPropertyPlantAndEquipmentClassifiedAsInvestingActivitiesUSD80,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

3,170,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

PurchaseOfIntangibleAssetsClassifiedAsInvestingActivitiesUSD337,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

1,768,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

154,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

550,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cost of Goods and Services Sold
Total Revenue
Additional Financial Items
AdministrativeExpenseUSD18,448,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

23,516,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

23,874,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

28,754,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

BasicEarningsLossPerShareUSD per share-0.3
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-1.08
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-0.59
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-0.58
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

CurrentTaxExpenseIncomeUSD51,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

121,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

64,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

39,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

DilutedEarningsLossPerShareUSD per share-0.3
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-1.08
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-0.59
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-0.58
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

EmployeeBenefitsExpenseUSD91,317,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

120,019,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

114,588,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

109,186,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ExpenseFromSharebasedPaymentTransactionsWithEmployeesUSD6,339,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

7,456,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

10,720,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

9,408,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

FinanceCostsUSD1,905,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

2,146,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

1,105,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

1,279,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

GrossProfitUSD5,462,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-21,982,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-21,831,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-13,095,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ImpairmentLossRecognisedInProfitOrLossGoodwillUSD0
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

40,277,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

23,991,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

0
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ImpairmentLossRecognisedInProfitOrLossIntangibleAssetsOtherThanGoodwillUSD1,120,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

658,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

2,266,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

13,017,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

IncomeTaxExpenseContinuingOperationsUSD51,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

121,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

158,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-3,536,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

PostemploymentBenefitExpenseDefinedBenefitPlansUSD21,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

20,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

109,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

189,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ProfitLossBeforeTaxUSD-90,863,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-323,409,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-144,052,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-177,030,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ProfitLossFromOperatingActivitiesUSD-103,458,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-183,300,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-162,904,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-158,899,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ResearchAndDevelopmentExpenseUSD58,741,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

94,494,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

98,306,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

95,952,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

ShareOfProfitLossOfAssociatesAndJointVenturesAccountedForUsingEquityMethodUSD-4,727,000
Source

40-F · 2026-03-12 · 0001628280-26-017045

2025-01-01 to 2025-12-31

-4,941,000
Source

40-F · 2025-03-13 · 0001453015-25-000003

2024-01-01 to 2024-12-31

-10,131,000
Source

40-F · 2024-03-11 · 0001453015-24-000002

2023-01-01 to 2023-12-31

-11,617,000
Source

40-F · 2023-03-17 · 0001453015-23-000008

2022-01-01 to 2022-12-31

Lines labelled “Derived” are calculated from reported figures.