Ballard Power Systems Inc. Financial Summary

Quick Answer

Ballard Power Systems Inc. reported revenue of $121.29 million for fiscal year 2017, reported under IFRS on Form 20-F.

Reported under IFRS (SEC Form 20-F). Figures are shown in USD where the company provided them, otherwise in its reporting currency — each value exactly as filed with the SEC, not converted.

Ballard Power Systems Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Revenue
Gross Profit $5.46M
+124.8%
-$21.98M
-0.7%
-$21.83M
-64.0%
-$13.31M
-195.0%
$14.01M
-33.2%
$20.98M
-6.1%
Operating Profit -$103.46M
+43.6%
-$183.30M
-12.5%
-$162.90M
-12.1%
-$145.33M
-65.0%
-$88.10M
-121.6%
-$39.76M
-56.3%
Net Income -$90.91M
+72.0%
-$324.25M
-82.5%
-$177.72M
-2.4%
-$173.49M
-51.9%
-$114.23M
-122.3%
-$51.38M
-31.6%
Basic EPS -$0.30
+72.2%
-$1.08
-83.1%
-$0.59
-1.7%
-$0.58
-48.7%
-$0.39
-85.7%
-$0.21
Diluted EPS -$0.30
+72.2%
-$1.08
-83.1%
-$0.59
-1.7%
-$0.58
-48.7%
-$0.39
-85.7%
-$0.21
Total Assets $682.39M
-12.2%
$777.31M
-27.9%
$1.08B
-13.6%
$1.25B
-13.5%
$1.44B
+47.7%
$975.60M
+186.7%
Total Liabilities $92.46M
-11.4%
$104.32M
+20.8%
$86.33M
-2.1%
$88.17M
-21.8%
$112.73M
+50.9%
$74.71M
-17.0%
Total Equity $589.93M
-12.3%
$672.99M
-32.1%
$991.22M
-14.5%
$1.16B
-12.7%
$1.33B
+47.3%
$900.89M
+260.0%
Operating Cash Flow -$56.17M
+48.0%
-$108.10M
-3.4%
-$104.57M
+20.9%
-$132.17M
-64.2%
-$80.48M
-87.4%
-$42.93M
-201.7%
R&D Expense $58.74M
-37.8%
$94.49M
-3.9%
$98.31M
+9.6%
$89.72M
+44.3%
$62.16M
+75.0%
$35.52M
+40.6%
  • Ballard Power Systems Inc. reported revenue of $121.29 million for fiscal year 2017.
  • That is an increase of +42.2% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported gross profit of $5.46 million for fiscal year 2025.
  • That is an increase of +124.8% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported operating profit of -$103.46 million for fiscal year 2025.
  • That is an increase of +43.6% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported net income of -$90.91 million for fiscal year 2025.
  • That is an increase of +72.0% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported basic eps of $-0.30 per share for fiscal year 2025.
  • That is an increase of +72.2% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported diluted eps of $-0.30 per share for fiscal year 2025.
  • That is an increase of +72.2% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported total assets of $682.39 million for fiscal year 2025.
  • That is a decrease of -12.2% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported total liabilities of $92.46 million for fiscal year 2025.
  • That is a decrease of -11.4% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported total equity of $589.93 million for fiscal year 2025.
  • That is a decrease of -12.3% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported operating cash flow of -$56.17 million for fiscal year 2025.
  • That is an increase of +48.0% versus the prior fiscal year.
  • Ballard Power Systems Inc. reported r&d expense of $58.74 million for fiscal year 2025.
  • That is a decrease of -37.8% versus the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 19, 2026.

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