Ballard Power Systems (TSX:BLDP) Ending Cash Position: C$709.0 Mil (As of Mar. 2026)

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TSX:BLDP Ballard Power Systems Inc TSX:BLDP
71 GF Score
Price C$3.73
GF Value C$4.22
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Ballard Power Systems Ending Cash Position?

Ballard Power Systems TSX:BLDP -4.11% 71 Ending Cash Position is C$709.0 Mil as of Mar. 2026. GuruFocus rates TSX:BLDP with a GF Score™ of 71/100 and a GF Value™ of C$4.22 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Ballard Power Systems's Ending Cash Position for the quarter that ended in Mar. 2026 was C$709.0 Mil.

Ballard Power Systems's quarterly Ending Cash Position declined from Sep. 2025 (C$727.3 Mil) to Dec. 2025 (C$727.1 Mil) and declined from Dec. 2025 (C$727.1 Mil) to Mar. 2026 (C$709.0 Mil).

Ballard Power Systems's annual Ending Cash Position declined from Dec. 2023 (C$1,007.7 Mil) to Dec. 2024 (C$860.4 Mil) and declined from Dec. 2024 (C$860.4 Mil) to Dec. 2025 (C$727.1 Mil).

Ballard Power Systems Ending Cash Position Related Terms

Ballard Power Systems Ending Cash Position Historical Data

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The historical data trend for Ballard Power Systems's Ending Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ballard Power Systems Ending Cash Position Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,438.59 1,241.30 1,007.72 860.45 727.07

Ballard Power Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 827.91 751.79 727.31 727.07 709.01
TSX:BLDP
71GF Score
Ballard Power Systems Inc TSX:BLDP
Ending Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Ballard Power Systems's Ending Cash Position for the fiscal year that ended in Dec. 2025 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=833.146+-106.078
=727.1

Ballard Power Systems's Ending Cash Position for the quarter that ended in Mar. 2026 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=723.115+-14.107
=709.0

Frequently Asked Questions Learn more about Ending Cash Position →
What does a Ending Cash Position of C$709.0 Mil mean?
Ballard Power Systems (TSX:BLDP) has a Ending Cash Position of C$709.0 Mil as of Mar. 2026. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Ending Cash Position too high?
Ballard Power Systems' current Ending Cash Position is C$709.0 Mil. Overall, Ballard Power Systems has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Ending Cash Position compare to VRT and BE?
Ballard Power Systems' Ending Cash Position of C$709.0 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Ending Cash Position for an Industrial Products company?
A good Ending Cash Position depends on the Industrial Products industry context. However, Ending Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Ending Cash Position mean?
A high Ending Cash Position can signal that a stock is expensive relative to its fundamentals. Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Ending Cash Position is C$709.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Based on GuruFocus' analysis, Ballard Power Systems (TSX:BLDP) is currently considered Modestly Undervalued. The stock's GF Value™ is C$4.22, compared to a current price of C$3.73 — trading 11.6% below its estimated fair value. The current Ending Cash Position is C$709.0 Mil. Ballard Power Systems' overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Ending Cash Position calculated?
Ending Cash Position is calculated from a company's financial statements. For Ballard Power Systems (TSX:BLDP), the current Ending Cash Position is C$709.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ballard Power Systems (TSX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued. The current stock price of C$3.73 is trading 11.6% below its estimated GF Value™ of C$4.22. GuruFocus considers Ballard Power Systems to be Modestly Undervalued.

Key valuation signals for TSX:BLDP:

  • Ending Cash Position: C$709.0 Mil
  • GF Value™: C$4.22 vs. price of C$3.73 (11.6% below fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TSX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ballard Power Systems Business Description

Other Exchanges BLDP:USA0QY5:UKPO0:Germany
Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
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 United States followed by Poland, Canada, and other countries.
71GF Score

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Ending Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$3.73
Price
C$4.22
GF Value