BLDP · XBRL financial data
Ballard Power Systems financial statements, every quarter
The same tables from 10 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal quarters (BLDP's year ends in late December)
| In millions of dollars | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | year only | — | — | — | — | — | — | — | — |
| Cost of sales | year only | year only | year only | year only | year only | year only | year only | year only | year only |
| Research and development | year only | year only | year only | year only | year only | year only | year only | year only | year only |
| Operating profit (loss) | year only | year only | year only | year only | year only | year only | year only | year only | year only |
| Profit (loss) | year only | year only | year only | year only | year only | year only | year only | year only | year only |
Balance sheet
CSVFiscal quarters (BLDP's year ends in late December)
| In millions of dollars | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Common shares outstanding (cover page) millions of shares | 178 | 232 | 234 | 282 | 298 | 298 | 299 | — | 301 |
| Cash and cash equivalents | 60 | 192 | 148 | 763 | 1,124 | 914 | 751 | 604 | 527 |
| Total current assets | 103 | 262 | 230 | 854 | 1,229 | 1,029 | 865 | 699 | 601 |
| Total assets | 178 | 346 | 340 | 976 | 1,441 | 1,247 | 1,078 | 777 | 682 |
| Total current liabilities | 39 | 48 | 65 | 52 | 83 | 73 | 71 | 76 | 61 |
| Total liabilities | 58 | 64 | 90 | 75 | 113 | 88 | 86 | 104 | 92 |
| Total equity | 120 | 283 | 250 | 901 | 1,328 | 1,159 | 991 | 673 | 590 |
| Total equity and liabilities | 178 | 346 | 340 | 976 | 1,441 | 1,247 | 1,078 | 777 | 682 |
Cash flows
CSVFiscal quarters (BLDP's year ends in late December)
| In millions of dollars | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | year only | year only | year only | year only | year only | year only | year only | year only | year only |
| Net cash from investing activities | year only | year only | year only | year only | year only | year only | year only | year only | year only |
| Net cash from financing activities | year only | year only | year only | year only | year only | year only | year only | year only | year only |
Compare with peers
SIC 3620 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 3620 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
- A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Ballard Power Systems | 527 | not reported | year only | 300.8M | — | 40-FDec 31, 2025 |
| Accelevation Holdings | not reported | not reported | not reported | not reported | — | — |
| Bloom Energy | 2,487 | 1,231 | (27)* | 295.7M | — | 10-QSep 30, 2026 |
| Graftech International | 134 | 140 | (8.4)* | 26.9M | — | 10-QSep 30, 2026 |
| ERock | 627 | 40 | not reported | not reported | — | 10-QJun 30, 2026 |
| Fuelcell Energy | 658 | 33 | (12)* | 80.0M | 25.6 quarters | 10-QJul 31, 2026 |
| Forgent Power Solutions | 97 | 462* | year only | not reported | — | 10-KJun 30, 2026 |
| Chi Special Acquisition | 0 | not reported | (0)* | 1.9M | 0.2 quarters | 10-KMar 31, 2026 |
| Graphex Group | 31 | year only | year only | 683.5M | — | 20-FDec 31, 2022 |
Not investment advice. Not affiliated with the U.S. SEC.