# Ballard Power Systems Inc. (BLDP)

> Industrials · CA · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/BLDP/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 39.50M | $ -31.15M | $ -20.63M | $ 19.67M | $ 559.06M |
| 2025 | $ 101.75M | $ -93.09M | $ -67.74M | $ 22.10M | $ 588.86M |
| 2024 | $ 73.29M | $ -340.81M | $ -142.65M | $ 23.89M | $ 672.99M |
| 2023 | $ 110.03M | $ -192.16M | $ -158.02M | $ 17.81M | $ 986.14M |
| 2022 | $ 93.60M | $ -193.81M | $ -186.17M | $ 15.73M | $ 1.16B |
| 2021 | $ 124.22M | $ -135.78M | $ -115.32M | $ 17.10M | $ 1.33B |
| 2020 | $ 132.33M | $ -65.45M | $ -71.09M | $ 17.87M | $ 900.89M |
| 2019 | $ 137.08M | $ -50.40M | $ -36.35M | $ 19.75M | $ 250.26M |
| 2018 | $ 127.56M | $ -36.09M | $ -54.86M | $ 5.70M | $ 282.60M |
| 2017 | $ 163.39M | $ -10.84M | $ -21.84M | $ 6.88M | $ 119.86M |
| 2016 | $ 117.32M | $ -29.02M | $ -14.84M | $ 7.52M | $ 124.84M |
| 2015 | $ 79.28M | $ -8.16M | $ -41.07M | $ 8.24M | $ 114.46M |
| 2014 | $ 97.10M | $ -39.38M | $ -35.20M | $ 10.76M | $ 81.93M |
| 2013 | $ 87.11M | $ -28.39M | $ -25.46M | $ 12.74M | $ 71.65M |
| 2012 | $ 63.08M | $ -60.83M | $ -42.32M | $ 26.34M | $ 62.41M |
| 2011 | $ 111.67M | $ -49.10M | $ -54.84M | $ 20.91M | $ 95.32M |
| 2010 | $ 98.45M | $ -52.90M | $ -49.61M | $ 14.04M | $ 128.29M |
| 2009 | $ 70.74M | $ -4.93M | $ -51.09M | $ 2.06M | $ 158.92M |
| 2008 | $ 90.21M | $ 51.60M | $ -45.07M | $ 0 | $ 161.33M |
| 2007 | $ 99.22M | $ -86.76M | $ -57.63M | $ 0 | $ 258.19M |
| 2006 | $ 75.44M | $ -274.27M | $ -163.03M | $ 0 | $ 305.09M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.04 |
| Liabilities / Eq | 0.15 |
| Current Ratio | 11.19 |

## Other views

- [Metrics](https://sponda.capital/en/BLDP.md)
- [Charts](https://sponda.capital/en/BLDP/charts.md)
- [Compare](https://sponda.capital/en/BLDP/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.