Ballard Power Systems (BLDP) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$0.07
- EPS estimate
- −$0.04
- EPS surprise
- −55.98%
- Revenue surprise
- −17.68%
- Revenue
- $20.3M
- Revenue estimate
- $24.7M
- Reported
- Jul 31, 2026
Ballard Power Systems reported Q2 2026 results on July 31, 2026. The company posted a loss of $0.07 per share, wider than the $0.04 loss expected, a miss of 55.98%. Revenue was $20.3 million, about 18% below the $24.7 million estimate. Compared with Q2 2025, the loss per share narrowed slightly from $0.08 and revenue rose about 13% from $18.0 million.
Ballard has reported a loss in every quarter in the table, which runs from Q2 2021 and has no row for Q4 2022. Annual losses were $0.59 per share in 2023, $1.11 in 2024 and $0.30 in 2025. The 2024 figure includes Q3 2024's loss of $0.70, the largest in the table. Revenue is small and uneven, ranging from $13.1 million to $47.6 million per quarter. Annual revenue was $104.1 million in 2023, $70.4 million in 2024 and $98.8 million in 2025. It topped the EPS estimate in eight of 20 quarters, three of them among the last four.
Q3 results have come out between November 5 and November 13 in each of the past five years. That points to early-to-mid November 2026 for the next report. It will show whether losses keep narrowing after Q2's miss.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 31, 2026 | −$0.04 | −$0.07 | −55.98% | $20.3M | SEC |
| Q1 2026 | May 5, 2026 | −$0.06 | −$0.04 | +28.86% | $19.0M | SEC |
| Q4 2025 | Mar 12, 2026 | −$0.08 | −$0.06 | +22.73% | $33.3M | SEC |
| Q3 2025 | Nov 13, 2025 | −$0.11 | −$0.09 | +18.69% | $32.7M | SEC |
| Q2 2025 | Aug 11, 2025 | −$0.09 | −$0.08 | +12.53% | $18.0M | SEC |
| Q1 2025 | May 6, 2025 | −$0.10 | −$0.07 | +31.88% | $14.8M | SEC |
| Q4 2024 | Mar 13, 2025 | −$0.12 | −$0.16 | −30.16% | $24.5M | SEC |
| Q3 2024 | Nov 5, 2024 | −$0.13 | −$0.70 | −441.79% | $15.2M | SEC |
| Q2 2024 | Aug 12, 2024 | −$0.13 | −$0.11 | +16.30% | $16.1M | SEC |
| Q1 2024 | May 7, 2024 | −$0.14 | −$0.14 | −0.28% | $14.6M | SEC |
| Q4 2023 | Mar 11, 2024 | −$0.13 | −$0.17 | −32.06% | $47.6M | SEC |
| Q3 2023 | Nov 7, 2023 | −$0.13 | −$0.21 | −64.73% | $27.9M | SEC |
| Q2 2023 | Aug 9, 2023 | −$0.13 | −$0.10 | +21.84% | $15.5M | SEC |
| Q1 2023 | May 10, 2023 | −$0.13 | −$0.11 | +14.88% | $13.1M | SEC |
| Q3 2022 | Nov 7, 2022 | −$0.13 | −$0.14 | −3.02% | $20.8M | — |
| Q2 2022 | Aug 10, 2022 | −$0.12 | −$0.19 | −53.51% | $20.7M | — |
| Q1 2022 | May 9, 2022 | −$0.11 | −$0.15 | −35.70% | $21.8M | — |
| Q4 2021 | Mar 14, 2022 | −$0.08 | −$0.15 | −86.35% | $37.1M | — |
| Q3 2021 | Nov 9, 2021 | −$0.06 | −$0.10 | −58.90% | $24.7M | — |
| Q2 2021 | Aug 6, 2021 | −$0.05 | −$0.07 | −45.70% | $25.4M | — |
Quarterly revenue
Frequently asked questions
When did Ballard Power Systems (BLDP) last report earnings?
Ballard Power Systems last reported on Jul 31, 2026, covering fiscal Q2 2026.
Did BLDP beat earnings estimates?
No. Ballard Power Systems reported EPS of −$0.07 for Q2 2026 against a −$0.04 estimate — a 55.98% miss.
How much revenue did BLDP report last quarter?
Ballard Power Systems reported $20.3M in revenue for Q2 2026, against a consensus estimate of $24.7M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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