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Ballard Power Systems Inc BLDP

US equityMarket cap rank #3503Electrical Equipment & PartsHydrogen Energy
$2.00 −$0.06 (-2.91%)
Pre-market · Oct 8, 9:00 am ET · After hours $2.00 0.00%
Open$2.05
Prev close$2.06
Day range$1.96 – $2.05
Volume2.88M
Market cap$702.18M
P/E (TTM)–
Dividend yield–

Earnings

Average move on report day±5.7%last 16 reports
Closed higher6 of 1638% of the time
Best reaction+31.6%
Worst reaction-9.4%

Stock move on the day after each report

-0.3%2023/Q3-9.4%2023/Q4+0.4%2024/Q1-4.7%2024/Q2-3.5%2024/Q3+4.1%2024/Q4-4.0%2025/Q1+0.0%2025/Q2-7.0%2025/Q3+12.6%2025/Q4+31.6%2026/Q1-4.3%2026/Q2
QuarterReport dateTimingImplied moveActual moveVersus implied
2026/Q231 Jul 2026Pre Market±18.8%-4.30%Within range
2026/Q15 May 2026None±16.7%+31.61%Bigger than priced
2025/Q412 Mar 2026None±14.0%+12.56%Within range
2025/Q313 Nov 2025None±19.7%-7.00%Within range
2025/Q211 Aug 2025None±22.4%+0.00%Within range
2025/Q16 May 2025None±31.2%-3.97%Within range
2024/Q413 Mar 2025None±23.6%+4.07%Within range
2024/Q35 Nov 2024None±27.9%-3.47%Within range
2024/Q212 Aug 2024None±9.3%-4.66%Within range
2024/Q17 May 2024Pre Market±20.5%+0.35%Within range
2023/Q411 Mar 2024Pre Market±21.7%-9.37%Within range
2023/Q37 Nov 2023Pre Market±17.3%-0.28%Within range
2023/Q29 Aug 2023None±17.3%+2.13%Within range
2023/Q110 May 2023None±23.0%-3.63%Within range
2022/Q417 Mar 2023None±23.9%-2.93%Within range
2022/Q37 Nov 2022None±42.5%+1.12%Within range

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Latest reported quarter: Q2, ended Jun 2026

Revenue$20.60M+15.4% YoY
Operating profit-$12.68M+52.8% YoY
Net profit-$20.28M+16.5% YoY
Diluted EPS-$0.07+12.5% YoY
Free cash flow-$12.23M+46.1% YoY
Operating cash flow-$11.39M

Revenue, last 8 quarters

$14.8MSep '24$24.5MDec '24$15.4MMar '25$17.8MJun '25$32.5MSep '25$33.6MDec '25$19.4MMar '26$20.6MJun '26

Net profit, last 8 quarters

$-205.0MSep '24$-46.5MDec '24$-21.0MMar '25$-24.3MJun '25$-28.1MSep '25$-17.5MDec '25$-11.4MMar '26$-20.3MJun '26

Profitability & balance sheet

Gross margin16.4%
Operating margin-46.9%
Net margin-72.8%
Return on equity-12.9%
Return on assets-11.2%
Return on invested capital-12.3%
Current ratio11.19
Liabilities / assets13.1%
Cash & investments$505.15M
Total debt$16.29M
Net cash (debt)$488.86M

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