Ballard Power Systems Gross Profit Growth & History (BLDP)
Ballard Power Systems's gross profit was $5.5M for fiscal 2025.
View full Ballard Power Systems company overviewBallard Power Systems annual gross profit history
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.5M | $27.4M | — |
| 2024 | 2024-12-31 | −$22.0M | −$151,000 | — |
| 2023 | 2023-12-31 | −$21.8M | −$8.5M | — |
| 2022 | 2022-12-31 | −$13.3M | −$27.3M | — |
| 2021 | 2021-12-31 | $14.0M | −$7.0M | −33.22% |
| 2020 | 2020-12-31 | $21.0M | −$1.4M | −6.06% |
| 2019 | 2019-12-31 | $22.3M | −$7.3M | −24.72% |
| 2018 | 2018-12-31 | $29.7M | −$11.9M | −28.67% |
| 2017 | 2017-12-31 | $41.6M | $17.4M | +72.01% |
| 2016 | 2016-12-31 | $24.2M | — | — |
Ballard Power Systems gross profit trends
Over the last five fiscal years, Ballard Power Systems's gross profit decreased from $21.0M to $5.5M, a change of −$15.5M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ballard Power Systems source filings ↗