Listed

Ballard Power Systems Inc.

BLDPNasdaqCIK 1453015TechnologyFiscal year ends Dec 31

Revenue is not reported in this company’s XBRL financial statements.

Latest quarter: not reported

Last eight quarters

Full statements
Ballard Power Systems Inc., key figures for the last eight quarters
Line itemUnitShape over the periods
Revenue$
Gross margin%
Operating margin%
Net margin%
Diluted EPS$ per share
Free cash flow$

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Last five fiscal years

Revenue$99.4mGross margin 5.5%
Diluted EPS−$0.30, FY2025
Free cash flow−$66.0m, FY2025
Ballard Power Systems Inc., key figures for the last five fiscal years
Line itemUnitFY20212021-12-31FY20222022-12-31FY20232023-12-31FY20242024-12-31FY20252025-12-31Shape over the periods
Revenue$m105Revenue, FY2021, twelve months to 2021-12-31$104.5m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure81.9Revenue, FY2022, twelve months to 2022-12-31$81.9m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure102Revenue, FY2023, twelve months to 2023-12-31$102.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure69.7Revenue, FY2024, twelve months to 2024-12-31$69.7m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure99.4Revenue, FY2025, twelve months to 2025-12-31$99.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure
Gross margin%13.4%Gross margin, FY2021, twelve months to 2021-12-31. gross profit / revenueGross profit: $14.0m. XBRL concept ifrs-full:GrossProfit. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Revenue: $104.5m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure(16.3%)Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: −$13.3m. XBRL concept ifrs-full:GrossProfit. 40-F filed 2024-03-11, accession 0001453015-24-000002.Revenue: $81.9m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure(21.3%)Gross margin, FY2023, twelve months to 2023-12-31. gross profit / revenueGross profit: −$21.8m. XBRL concept ifrs-full:GrossProfit. 40-F filed 2025-03-13, accession 0001453015-25-000003.Revenue: $102.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure(31.5%)Gross margin, FY2024, twelve months to 2024-12-31. gross profit / revenueGross profit: −$22.0m. XBRL concept ifrs-full:GrossProfit. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $69.7m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure5.5%Gross margin, FY2025, twelve months to 2025-12-31. gross profit / revenueGross profit: $5.5m. XBRL concept ifrs-full:GrossProfit. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $99.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure
Operating margin%(84.3%)Operating margin, FY2021, twelve months to 2021-12-31. operating income / revenueOperating income: −$88.1m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Revenue: $104.5m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure(177.5%)Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: −$145.3m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 40-F filed 2024-03-11, accession 0001453015-24-000002.Revenue: $81.9m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure(159.1%)Operating margin, FY2023, twelve months to 2023-12-31. operating income / revenueOperating income: −$162.9m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 40-F filed 2025-03-13, accession 0001453015-25-000003.Revenue: $102.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure(262.9%)Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: −$183.3m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $69.7m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure(104.1%)Operating margin, FY2025, twelve months to 2025-12-31. operating income / revenueOperating income: −$103.5m. XBRL concept ifrs-full:ProfitLossFromOperatingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $99.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure
Net margin%(109.3%)Net margin, FY2021, twelve months to 2021-12-31. net income / revenueNet income: −$114.2m. XBRL concept ifrs-full:ProfitLoss. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Revenue: $104.5m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure(211.9%)Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: −$173.5m. XBRL concept ifrs-full:ProfitLoss. 40-F filed 2024-03-11, accession 0001453015-24-000002.Revenue: $81.9m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure(173.6%)Net margin, FY2023, twelve months to 2023-12-31. net income / revenueNet income: −$177.7m. XBRL concept ifrs-full:ProfitLoss. 40-F filed 2025-03-13, accession 0001453015-25-000003.Revenue: $102.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure(465.0%)Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: −$324.2m. XBRL concept ifrs-full:ProfitLoss. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $69.7m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure(91.5%)Net margin, FY2025, twelve months to 2025-12-31. net income / revenueNet income: −$90.9m. XBRL concept ifrs-full:ProfitLoss. 40-F filed 2026-03-12, accession 0001628280-26-017045.Revenue: $99.4m. XBRL concept ifrs-full:RevenueFromContractsWithCustomers. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure
Diluted EPS$ per share(0.39)Diluted EPS, FY2021, twelve months to 2021-12-31−$0.39 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure(0.58)Diluted EPS, FY2022, twelve months to 2022-12-31−$0.58 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure(0.59)Diluted EPS, FY2023, twelve months to 2023-12-31−$0.59 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure(1.08)Diluted EPS, FY2024, twelve months to 2024-12-31−$1.08 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure(0.30)Diluted EPS, FY2025, twelve months to 2025-12-31−$0.30 per share. XBRL concept ifrs-full:DilutedEarningsLossPerShare. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure
Free cash flow$m(93.6)Free cash flow, FY2021, twelve months to 2021-12-31. operating cash flow − capital expenditureOperating cash flow: −$80.5m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Capital expenditure: $13.2m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 40-F/A filed 2023-03-17, accession 0001453015-23-000011.Report this figure(166)Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: −$132.2m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 40-F filed 2024-03-11, accession 0001453015-24-000002.Capital expenditure: $33.9m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 40-F filed 2024-03-11, accession 0001453015-24-000002.Report this figure(146)Free cash flow, FY2023, twelve months to 2023-12-31. operating cash flow − capital expenditureOperating cash flow: −$104.6m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 40-F filed 2025-03-13, accession 0001453015-25-000003.Capital expenditure: $41.2m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 40-F filed 2025-03-13, accession 0001453015-25-000003.Report this figure(134)Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: −$108.1m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Capital expenditure: $25.8m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure(66.0)Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: −$56.2m. XBRL concept ifrs-full:CashFlowsFromUsedInOperatingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Capital expenditure: $9.8m. XBRL concept ifrs-full:PurchaseOfPropertyPlantAndEquipmentClassifiedAsInvestingActivities. 40-F filed 2026-03-12, accession 0001628280-26-017045.Report this figure

Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.

Insider purchases and sales

All insider transactions

The last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.

No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.

No open-market purchases or sales by insiders are in coverage for this company.

Funds that report holding it

All funds

From each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.

Funds that report holding Ballard Power Systems Inc.
FundQuarter endedReported valueSharesPut or callChange on the quarter before
MORGAN STANLEY2026-06-30$48.2m12,391,499Added+305,120
TWO SIGMA INVESTMENTS, LP2026-06-30$42.1m10,830,028Reduced−1,513,124
D. E. Shaw & Co., Inc.2026-06-30$38.1m9,804,394Added+1,521,542
Legal & General Group Plc2026-06-30$28.1m7,221,949Added+827,698
RENAISSANCE TECHNOLOGIES LLC2026-06-30$16.9m4,344,197Added+3,781,303
STATE STREET CORP2026-06-30$16.7m4,288,578Reduced−677,752
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.2026-06-30$12.2m3,145,643Added+363,059
UBS Group AG2026-06-30$11.4m2,936,009Reduced−2,910,771
JANE STREET GROUP, LLC2026-06-30$11.4m2,930,645Added+2,112,603
CITADEL ADVISORS LLC2026-06-30$10.7m2,758,179Reduced−130,854

Recent filings

All 864 filings

Reports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.

Ballard Power Systems Inc., recent filings
FiledFormWhat it isAccession number
2026-10-2807:46 ET6-KReport of a foreign private issuerPeriod 2026-10-280001279569-26-001008
2026-10-2208:38 ET6-KReport of a foreign private issuerPeriod 2026-10-220001279569-26-000997
2026-10-2108:48 ET6-KReport of a foreign private issuerPeriod 2026-10-210001279569-26-000991
2026-10-2011:45 ET6-KReport of a foreign private issuerPeriod 2026-10-160001279569-26-000984
2026-10-0706:44 ET6-KReport of a foreign private issuerPeriod 2026-10-060001279569-26-000957
2026-10-0221:56 ET6-KReport of a foreign private issuerPeriod 2026-10-010001279569-26-000942
2026-08-2809:59 ET6-KReport of a foreign private issuerPeriod 2026-08-280001279569-26-000834
2026-07-3108:32 ET6-KReport of a foreign private issuerPeriod 2026-06-300001628280-26-051245
2026-07-3108:02 ET6-KReport of a foreign private issuerPeriod 2026-07-310001279569-26-000723
2026-07-0712:41 ET6-KReport of a foreign private issuerPeriod 2026-06-300001206774-26-000351

Latest annual report

Form 40-F for the fiscal year ended Dec 31, 2025Filed Mar 12, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.

Forecast league

Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league

About the filer

CIK
1453015
Tickers
BLDP
Exchange
Nasdaq
SIC code
3620 Electrical Industrial Apparatus
Sector
Technology
Fiscal year ends
Dec 31
Incorporated in
not reported
Filer category
not reported
Former names
7076991 Canada Inc. (to 2009-01-02)

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 07:47 ET. Listed shows no prices and gives no investment advice.