Ballard Power Systems Inc Revenue Growth Rates (BLDP), Current and Historic Growth - CSIMarket
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Ballard Power Systems Inc   (NASDAQ: BLDP)
 

BLDP's Revenue Growth by Quarter and Year

Ballard Power Systems Inc 's Revenue results by quarter and year




BLDP Revenue (in millions $) FY 2025 FY 2024 FY 2023 FY 2022
4th Quarter December 98.46
3rd Quarter September 0.00
2nd Quarter June 0.00
1st Quarter March 0.00
FY 98.46





BLDP Revenue fourth quarter 2025 Y/Y Growth Comment
Ballard Power Systems Inc showed record Revenue increase in the fourth quarter 2025 with 42.66% from the fourth quarter 2025 2024, to $ 98.46 millions.
This represents worst decline in recent Company history.

Looking into fourth quarter 2025 results within Industrial Machinery and Components industry 11 other companies have achieved higher Revenue growth. While Ballard Power Systems Inc ' s Revenue jump of 42.66% ranks overall at the positon no. 304 in the fourth quarter 2025.




BLDP Revenue ( Y/Y Growth %) 2025
2024 2023 2022
4th Quarter December 42.66 % - - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY   42.66 % - - -

Financial Statements
Ballard Power Systems Inc 's fourth quarter 2025 Revenue $ 98.46 millions BLDP's Income Statement
Ballard Power Systems Inc 's fourth quarter 2024 Revenue $ 69.02 millions Quarterly BLDP's Income Statement


BLDP Revenue (Quarter on Quarter Growth %)

2025
2024 2023 2022
4th Quarter December - - - -
3rd Quarter September - - - -
2nd Quarter June - - - -
1st Quarter March - - - -
FY (Year on Year)   42.66 % - - -




Revenue fourth quarter 2025 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #12
Capital Goods Sector #25
Overall #304

Revenue Y/Y Growth Statistics
High Average Low
42.66 % 42.66 % 42.66 %
 
Revenue fourth quarter 2025 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #12
Capital Goods Sector #25
Overall #304
Revenue Y/Y Growth Statistics
High Average Low
42.66 % 42.66 % 42.66 %
 

Revenue by Quarter for the Fiscal Years 2022, 2023, 2024, 2025

Ballard Power Systems Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


BLDP's IV. Quarter Q/Q Revenue Comment


Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #
Capital Goods Sector #
Overall #
Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #
Capital Goods Sector #
Overall #
Revenue Q/Q Growth Statistics
High Average Low
0 % 0 % 0 %
 


BLDP's IV. Quarter Q/Q Revenue Comment


Ballard Power Systems Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Dec 31 2025)
12 Months Ending
(Dec 31 2024)
12 Months Ending
(Dec 31 2022)
12 Months Ending
(Dec 31 2021)
12 Months Ending
(Dec 31 2020)
Cumulative Revenue 12 Months Ending $ 98.46 $ 69.02 $ 0.00 $ 0.00 $ 0.00
Y / Y Revenue Growth (TTM) 42.66 % - - - -
Year on Year Revenue Growth Overall Ranking # 504 # 504 # 504 # 504 # 504
Seqeuential Revenue Change (TTM) 42.66 % - - - -
Seq. Revenue Growth (TTM) Overall Ranking # 504 # # # #


Cumulative Revenue growth Comment
With 42.66% annual Revenue growth, Ballard Power Systems Inc would report a record annual Revenue growth if the fiscal year would end on Dec 31 2025.

In the Capital Goods sector 35 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from to 504.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 24
Capital Goods Sector # 36
Overall # 500

Revenue TTM Y/Y Growth Statistics
High Average Low
42.66 %
42.66 %
42.66 %
(Dec 31 2025)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 24
Sector # 36
S&P 500 # 500
Cumulative Revenue growth Comment
With 42.66% annual Revenue growth, Ballard Power Systems Inc would report a record annual Revenue growth if the fiscal year would end on Dec 31 2025.

In the Capital Goods sector 35 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from to 504.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 24
Capital Goods Sector # 36
Overall # 500

Revenue TTM Y/Y Growth Statistics
High Average Low
42.66 %
42.66 %
42.66 %
(Dec 31 2025)  


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 24
Sector # 36
S&P 500 # 500




Other Revenue Growth
Industrial Machinery and Components Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
BLDP's Revenue Growth Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue growth for the quarter ending Dec 31 2025 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Dec 31 2025
Forgent Power Solutions Inc 68.68%$ 68.678 millions
Amcor Plc68.13%$ 68.127 millions
Wrap Technologies Inc 62.31%$ 62.312 millions
Twin Vee Powercats Co 60.41%$ 60.413 millions
The Boeing Company57.12%$ 57.118 millions
Redwire Corporation56.46%$ 56.462 millions
Hesai Group52.33%$ 52.331 millions
Sterling Infrastructure Inc 51.32%$ 51.321 millions
Karman Holdings Inc 48.64%$ 48.638 millions
Primega Group Holdings Limited46.29%$ 46.294 millions
Construction Partners Inc 43.97%$ 43.971 millions
Multi Ways Holdings Limited43.53%$ 43.526 millions
Ballard Power Systems Inc 42.66%$ 42.661 millions
Irsa Investments And Representations Inc 42.61%$ 42.606 millions
Aaon Inc 42.58%$ 42.582 millions
Chicago Rivet and Machine Co 41.94%$ 41.944 millions
Comfort Systems Usa inc 41.67%$ 41.667 millions
Tutor Perini Corporation41.20%$ 41.195 millions
Dover Corp40.77%$ 40.775 millions
Axon Enterprise Inc 38.87%$ 38.870 millions
Ageagle Aerial Systems Inc 37.96%$ 37.962 millions
Fuel Tech Inc 37.18%$ 37.176 millions
Sci Engineered Materials inc 36.93%$ 36.934 millions
Bloom Energy Corporation35.87%$ 35.865 millions
Ceco Environmental Corp 35.71%$ 35.712 millions
Rocket Lab Corp34.25%$ 34.252 millions
Nextpower Inc 33.85%$ 33.854 millions
Marine Products Corporation33.62%$ 33.620 millions
Everus Construction Group Inc 33.29%$ 33.288 millions
Carrier Global Corporation33.21%$ 33.214 millions


About Ballard Power Systems Inc Revenue Growth Rates (BLDP), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Ballard Power Systems Inc (CIK 1453015).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001628280-26-017045
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Ballard Power Systems Inc ’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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