Ballard Power Systems Inc.

NASDAQ: BLDP · Industrials · Industrial - Machinery

Canadian filerHQ Burnaby, BCCIK 0001453015Reports USD

#1 of 959 Industrials companies by revenue

EA Score

——

FH 53DQ —GM —SS 69

v0.1 · 35/100 weight · pillars only

↑ balance-sheet leverage, listing tenure · ↓ filing timeliness, return on equity

Methodology →

Revenue TTM

$103.4M

Rev growth YoY (TTM)

+46.3%

Net income (FY)

-$90.9M

Employees

887

Market cap

$1.1B

Financials — latest annual

SEC EDGAR · USD-normalized

ConceptUSDNativeFY

Net income-$90.9M-$90.9M2025

Total assets$682.4M$682.4M2025

Liabilities$92.5M$92.5M2025

Revenue by segment

Filed disclosures · FY2022

By product

Heavy Duty Motive53%

Technology Solutions38%

Material Handling9%

By geography

UNITED STATES33%

GERMANY19%

CHINA12%

FRANCE9%

CANADA6%

AUSTRALIA5%

The read

Ballard Power Systems Inc. earned -$90.9M in FY2025 net income.

Peers · Industrials

Genco Shipping & Trading Limited57C Covenant Logistics Group, Inc.63C Republic Airways Holdings Inc.48D Evolv Technologies Holdings, Inc.37D

Key facts

CEOMarty T. Neese

SectorIndustrials

IndustryIndustrial - Machinery

HeadquartersBurnaby, BC

ExchangeNASDAQ: BLDP

Employees887

IPO date1995-11-08

Latest filings

6-K2026-07-07 6-K2026-07-07 6-K2026-06-23 6-K2026-06-16 6-K2026-06-04 6-K2026-05-15 6-K2026-05-07 6-K2026-05-06

Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.