Ballard Power Systems Inc. (BLDP) stock
BLDPNasdaqElectrical Industrial ApparatusFiscal year ends December 31
$1.40+0.00 (0.00%)
Close on Nov 13, 2026Market cap $421.10MP/E –Yield –
Ballard Power Systems gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 5.5%, against -31.5% the year before. The highest annual figure on record is 34.3% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 5.5% | +37.0 |
| FY2024 | Dec 31, 2024 | -31.5% | −10.2 |
| FY2023 | Dec 31, 2023 | -21.3% | −5.1 |
| FY2022 | Dec 31, 2022 | -16.3% | −29.7 |
| FY2021 | Dec 31, 2021 | 13.4% | −6.8 |
| FY2020 | Dec 31, 2020 | 20.2% | −0.9 |
| FY2019 | Dec 31, 2019 | 21.1% | −9.6 |
| FY2018 | Dec 31, 2018 | 30.7% | −3.6 |
| FY2017 | Dec 31, 2017 | 34.3% | +5.9 |
| FY2016 | Dec 31, 2016 | 28.4% | – |
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