Ballard Power Systems Overview
- Year Founded
-
1979

- Status
-
Public
- Employees
-
887

- Stock Symbol
-
BLDP

- Investments
-
17
- Share Price
-
$1.33
- (As of Thursday Closing)
Ballard Power Systems General Information
Description
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from Poland followed by United States, United Kingdom, and other countries.
Contact Information
Website
www.ballard.comCorporate Office
- 9000 Glenlyon Parkway
- Burnaby, British Columbia V5J 5J8
- Canada
Corporate Office
- 9000 Glenlyon Parkway
- Burnaby, British Columbia V5J 5J8
- Canada
Ballard Power Systems Stock Performance
As of 20-Mar-2025, Ballard Power Systems’s stock price is $1.33. Its current market cap is $398M with 300M shares.
(As of Thursday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$1.33 | $1.35 | $1.08 - $3.37 | $398M | 300M | 940K | -$1.08 |
Ballard Power Systems Financials Summary
As of 31-Dec-2024, Ballard Power Systems has a trailing 12-month revenue of $69.7M.
In Thousands, USD |
TTM 31-Dec-2024 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | (111,086) | (111,086) | 343,755 | 484,358 |
Revenue | 69,731 | 69,731 | 102,368 | 81,860 |
EBITDA | (309,290) | (309,290) | (129,420) | (145,291) |
Net Income | (324,245) | (324,245) | (177,716) | (173,494) |
Total Assets | 777,307 | 777,307 | 1,077,542 | 1,247,077 |
Total Debt | 23,894 | 23,894 | 17,898 | 15,731 |
Ballard Power Systems Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Ballard Power Systems Comparisons
Industry
Financing
Details
Ballard Power Systems Competitors (4)
One of Ballard Power Systems’s 4 competitors is Intelligent Energy, a Private Equity-Backed company based in Loughborough, United Kingdom.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Intelligent Energy | Private Equity-Backed | Loughborough, United Kingdom | ||||
Ultralife | Corporation | Newark, NY | ||||
Nuvera Fuel Cells | Corporate Backed or Acquired | Billerica, MA | ||||
Westport Fuel Systems | Corporation | Vancouver, Canada |
Ballard Power Systems Patents
Ballard Power Systems Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20230327148-A1 | A reinforced sealed fuel cell assembly | Pending | 11-Apr-2022 | ||
EP-4211736-A1 | Fuel cell system | Pending | 10-Sep-2020 | ||
EP-3878040-A1 | Method and system for operating an electrochemical fuel cell stack with improved performance recovery | Active | 07-Nov-2018 | ||
CA-3118294-A1 | Method and system for operating an electrochemical fuel cell stack with improved performance recovery | Pending | 07-Nov-2018 | ||
US-20220077480-A1 | Method and system for operating an electrochemical fuel cell stack with improved performance recovery | Active | 07-Nov-2018 | H01M8/04753 |
Ballard Power Systems Signals
Ballard Power Systems Investments & Acquisitions (17)
Ballard Power Systems’s most recent deal was a Early Stage VC with Quantron (Automotive) for . The deal was made on 14-Sep-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Quantron (Automotive) | 14-Sep-2022 | Early Stage VC | Automotive | ||
Wisdom Motor | 05-Jun-2022 | Early Stage VC | Road | ||
Ballard Motive Solutions | 11-Nov-2021 | Merger/Acquisition | Alternative Energy Equipment | ||
Fuel Cell Solutions (Ballard Power Systems / Linamar) | 03-May-2021 | Joint Venture | Electrical Equipment | ||
Weichai Ballard Hy-Energy Technologies | 26-Nov-2018 | Joint Venture | Electrical Equipment |
Ballard Power Systems ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
18.71 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,946
Rank
Percentile

Electrical Equipment
Industry
of 300
Rank
Percentile

Electrical Equipment
Subindustry
of 300
Rank
Percentile

Ballard Power Systems Exits (4)
Ballard Power Systems’s most recent exit was on 14-Sep-2022 from Quantron (Automotive). The exit was categorized as with 3 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
Quantron (Automotive) | 14-Sep-2022 | Completed |
|
||
Protonex Technology | 01-Oct-2015 | Completed |
|
||
H2 PowerTech | 01-Aug-2012 | Completed |
|
||
AvCarb | 01-Jan-2006 | Merger/Acquisition | Completed |
Ballard Power Systems FAQs
-
When was Ballard Power Systems founded?
Ballard Power Systems was founded in 1979.
-
Where is Ballard Power Systems headquartered?
Ballard Power Systems is headquartered in Burnaby, Canada.
-
What is the size of Ballard Power Systems?
Ballard Power Systems has 887 total employees.
-
What industry is Ballard Power Systems in?
Ballard Power Systems’s primary industry is Electrical Equipment.
-
Is Ballard Power Systems a private or public company?
Ballard Power Systems is a Public company.
-
What is Ballard Power Systems’s stock symbol?
The ticker symbol for Ballard Power Systems is BLDP.
-
What is the current stock price of Ballard Power Systems?
As of 20-Mar-2025 the stock price of Ballard Power Systems is $1.33.
-
What is the current market cap of Ballard Power Systems?
The current market capitalization of Ballard Power Systems is $398M.
-
What is Ballard Power Systems’s current revenue?
The trailing twelve month revenue for Ballard Power Systems is $69.7M.
-
Who are Ballard Power Systems’s competitors?
Intelligent Energy, Ultralife, Nuvera Fuel Cells, and Westport Fuel Systems are competitors of Ballard Power Systems.
-
What is Ballard Power Systems’s annual earnings per share (EPS)?
Ballard Power Systems’s EPS for 12 months was -$1.08.
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