Ballard Power Systems Gross Margin Growth & History (BLDP)

Ballard Power Systems's gross margin was 5.50% for fiscal 2025.

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Ballard Power Systems annual gross margin history

Ballard Power Systems annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20252025-12-315.50%+37.02 pp
20242024-12-31−31.52%−10.20 pp
20232023-12-31−21.33%−5.07 pp
20222022-12-31−16.26%−29.67 pp
20212021-12-3113.41%−6.79 pp
20202020-12-3120.20%−0.93 pp
20192019-12-3121.13%−9.59 pp
20182018-12-3130.72%−3.58 pp
20172017-12-3134.30%+5.94 pp
20162016-12-3128.36%

Ballard Power Systems gross margin trends

Over the last five reported fiscal years, Ballard Power Systems's gross margin decreased from 20.20% to 5.50%, a change of −14.70 percentage points.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Ballard Power Systems filings at SEC.gov ↗