Ballard Power Systems, Inc. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Jun'26

Mar'26

Dec'25

Sep'25

Jun'25

Mar'25

Dec'24

Net Sales

28.52

26.64

46.90

44.76

24.71

22.08

34.29

Other Operating Income

0.00

Total Operating income

28.52

26.64

46.90

44.76

24.71

22.08

34.29

Raw Material Cost

22.87

22.85

40.58

38.88

27.89

28.12

38.99

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

0.58

0.60

0.63

0.62

0.48

0.70

0.75

Selling and Distribution Expenses

8.98

8.88

9.52

7.60

10.65

10.64

19.03

Other Expenses

1.38

1.22

1.33

1.46

2.41

2.46

2.73

Total Expenditure (Excl Depreciation)

46.20

44.57

64.05

61.72

63.13

64.10

86.06

Operating Profit (PBDIT) excl Other Income

-17.7

-17.9

-17.1

-17

-38.4

-42

-51.8

Other Income

6.63

8.31

7.06

10.38

10.22

7.46

Operating Profit (PBDIT)

-9.67

-9.94

-7.38

-8.48

-26.50

-30.46

-42.92

Interest

0.58

0.60

0.63

0.62

0.48

0.70

0.75

Exceptional Items

-16.39

-3.72

-12.75

-25.52

-4.45

3.49

-16.37

Gross Profit (PBDT)

5.65

3.79

6.32

5.88

-3.18

-6.04

-4.70

Depreciation

1.39

1.35

1.45

1.43

1.54

1.34

1.39

Profit Before Tax

-28.04

-15.63

-22.21

-36.05

-32.97

-29.01

-61.43

Tax

0.03

0.00

0.04

0.00

0.03

0.00

0.03

Provisions and contingencies

0.00

Profit After Tax

-28.07

-15.63

-24.44

-38.66

-33.62

-30.18

-64.99

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-28.07

-15.63

-24.44

-38.66

-33.62

-30.18

-64.99

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

-28.07

-15.63

-24.44

-38.66

-33.62

-30.18

-64.99

Equity Capital

0.00

Face Value

0.0

Reserves

794.13

806.55

808.65

844.33

867.75

941.01

967.89

Earnings per share (EPS)

-0.09

-0.05

-0.08

-0.13

-0.11

-0.1

-0.22

Diluted Earnings per share

-0.09

-0.05

-0.08

-0.13

-0.11

-0.1

-0.22

Operating Profit Margin (Excl OI)

-62.03%

-67.31%

-36.55%

-37.9%

-155.5%

-190.32%

-150.98%

Gross Profit Margin

-93.46%

-53.58%

-44.26%

-77.35%

-127.24%

-125.3%

-175.08%

PAT Margin

-98.44%

-58.66%

-52.1%

-86.37%

-136.08%

-136.7%

-189.52%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Jun 2026 is 7.14% vs -43.28% in Mar 2026

Consolidate Net Profit

QoQ Growth in quarter ended Jun 2026 is -80.13% vs 36.07% in Mar 2026

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Jun 2026 is 1.81% vs -5.73% in Mar 2026

Interest

QoQ Growth in quarter ended Jun 2026 is 0.00% vs 0.00% in Mar 2026

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Jun 2026 has improved from Mar 2026

Compare Quarterly Results Of Ballard Power Systems, Inc. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(CAD)

Change(%)

Net Sales

28.52

324.80

-296.28

-91.22%

Other Operating Income

0.00

Total Operating income

28.52

324.80

-296.28

-91.22%

Raw Material Cost

22.87

222.54

-199.67

-89.72%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

0.58

1.54

-0.96

-62.34%

Selling and Distribution Expenses

8.98

79.27

-70.29

-88.67%

Other Expenses

1.38

-0.15

1.53

1,020.00%

Total Expenditure (Excl Depreciation)

46.20

301.81

-255.61

-84.69%

Operating Profit (PBDIT) excl Other Income

-17.69

22.99

-40.68

-176.95%

Other Income

6.63

-1.51

8.14

539.07%

Operating Profit (PBDIT)

-9.67

27.80

-37.47

-134.78%

Interest

0.58

1.54

-0.96

-62.34%

Exceptional Items

-16.39

-4.99

-11.40

-228.46%

Gross Profit (PBDT)

5.65

102.26

-96.61

-94.47%

Depreciation

1.39

6.32

-4.93

-78.01%

Profit Before Tax

-28.04

14.95

-42.99

-287.56%

Tax

0.03

5.55

-5.52

-99.46%

Provisions and contingencies

0.00

Profit After Tax

-28.07

9.39

-37.46

-398.94%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-28.07

9.39

-37.46

-398.94%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

-28.07

9.39

-37.46

-398.94%

Equity Capital

0.00

Face Value

0.00

Reserves

794.13

385.62

408.51

105.94%

Earnings per share (EPS)

-0.09

0.79

-0.88

-111.39%

Diluted Earnings per share

-0.09

0.79

-0.88

-111.39%

Operating Profit Margin (Excl OI)

-62.03%

7.08%

0.00

-69.11%

Gross Profit Margin

-93.46%

6.55%

0.00

-100.01%

PAT Margin

-98.44%

2.89%

0.00

-101.33%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 2.85 Million

in Jun 2026

Figures in Million

QoQ Growth in quarter ended Jun 2026 is 7.14% vs -43.28% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 15.38% vs 12.79% in Jun 2025

Quarterly - Consolidate Net Profit

Consolidate Net Profit -2.81 Million

in Jun 2026

Figures in Million

QoQ Growth in quarter ended Jun 2026 is -80.13% vs 36.07% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 16.37% vs 21.86% in Jun 2025

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) -1.63 Million

in Jun 2026

Figures in Million

QoQ Growth in quarter ended Jun 2026 is 1.81% vs -5.73% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 55.83% vs 27.65% in Jun 2025

Quarterly - Interest

Interest 0.06 Million

in Jun 2026

Figures in Million

QoQ Growth in quarter ended Jun 2026 is 0.00% vs 0.00% in Mar 2026

YoY Growth in quarter ended Jun 2026 is 20.00% vs -37.50% in Jun 2025

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) -62.03%

in Jun 2026

Figures in %

QoQ Growth in quarter ended Jun 2026 has improved from Mar 2026

YoY Growth in quarter ended Jun 2026 has improved from Jun 2025