Ballard Power Systems annual free cash flow
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ballard Power Systems Free Cash Flow (FCF) History (BLDP)
Ballard Power Systems reported −$66.0M in free cash flow for fiscal 2025, an increase of $67.9M from the previous fiscal year, with a free cash flow margin of −66.43%.
View full Ballard Power Systems company overviewBallard Power Systems free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$66.0M | $67.9M | — | −66.43% |
| 2024 | 2024-12-31 | −$133.9M | $11.8M | — | −192.09% |
| 2023 | 2023-12-31 | −$145.8M | $20.3M | — | −142.41% |
| 2022 | 2022-12-31 | −$166.1M | −$72.5M | — | −202.91% |
| 2021 | 2021-12-31 | −$93.6M | −$38.1M | — | −89.60% |
| 2020 | 2020-12-31 | −$55.6M | −$27.4M | — | −53.48% |
| 2019 | 2019-12-31 | −$28.2M | $13.4M | — | −26.64% |
| 2018 | 2018-12-31 | −$41.5M | −$28.7M | — | −43.01% |
| 2017 | 2017-12-31 | −$12.8M | −$6.2M | — | −10.58% |
| 2016 | 2016-12-31 | −$6.7M | — | — | −7.84% |
Ballard Power Systems quarterly free cash flow
No reported data
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|
Ballard Power Systems free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$55.6M to −$66.0M, a net decrease of $10.5M.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Ballard Power Systems filings at SEC.gov ↗