Ballard Power Systems (XSWX:BLDP) Gross Profit: CHF9.37 Mil (TTM As of Mar. 2026)

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XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
75 GF Score
Price CHF2.20
GF Value CHF2.42
! 4 Warning Signs
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What is Ballard Power Systems Gross Profit?

Ballard Power Systems XSWX:BLDP -3.47% 75 Gross Profit is CHF9.37 Mil as of Mar. 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 75/100 and a GF Value™ of CHF2.42. The stock has 4 warning signs investors should review.

Ballard Power Systems's gross profit for the three months ended in Mar. 2026 was CHF2.18 Mil. Ballard Power Systems's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was CHF9.37 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ballard Power Systems's gross profit for the three months ended in Mar. 2026 was CHF2.18 Mil. Ballard Power Systems's Revenue for the three months ended in Mar. 2026 was CHF15.29 Mil. Therefore, Ballard Power Systems's Gross Margin % for the quarter that ended in Mar. 2026 was 14.22%.

Ballard Power Systems had a gross margin of 14.22% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Ballard Power Systems was 34.30%. The lowest was -31.52%. And the median was 16.81%.


Ballard Power Systems  (XSWX:BLDP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Ballard Power Systems had a gross margin of 14.22% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Ballard Power Systems Gross Profit Related Terms


Ballard Power Systems Gross Profit Historical Data

* Premium members only.

The historical data trend for Ballard Power Systems's Gross Profit 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 Gross Profit Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.91 -12.40 -18.88 -19.60 4.35

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
Gross Profit 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 -3.19 -1.22 3.95 4.47 2.18

XSWX:BLDP vs VRT, BE: Gross Profit Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ballard Power Systems Gross Profit vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Gross Profit distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's Gross Profit falls into.


XSWX:BLDP
75GF Score
Ballard Power Systems Inc XSWX:BLDP
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Ballard Power Systems's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=79.188 - 74.835
=4.35

Ballard Power Systems's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=15.29 - 13.115
=2.18

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF9.37 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Ballard Power Systems's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.18 / 15.29
=14.22 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of CHF9.37 Mil mean?
Ballard Power Systems (XSWX:BLDP) has a Gross Profit of CHF9.37 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Gross Profit too high?
Ballard Power Systems' current Gross Profit is CHF9.37 Mil. Overall, Ballard Power Systems has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Gross Profit compare to VRT and BE?
Ballard Power Systems' Gross Profit of CHF9.37 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 Gross Profit for an Industrial Products company?
A good Gross Profit depends on the Industrial Products industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Gross Profit is CHF9.37 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?
Ballard Power Systems (XSWX:BLDP) has a current Gross Profit of CHF9.37 Mil. The stock's GF Value™ is CHF2.42, compared to a current price of CHF2.20 — trading 9.2% below its estimated fair value. The current Gross Profit is CHF9.37 Mil. Ballard Power Systems' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Gross Profit is CHF9.37 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 (XSWX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be undervalued. The current stock price of CHF2.20 is trading 9.2% below its estimated GF Value™ of CHF2.42.

Key valuation signals for XSWX:BLDP:

  • Gross Profit: CHF9.37 Mil
  • GF Value™: CHF2.42 vs. price of CHF2.20 (9.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Ballard Power Systems Business Description

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.
75GF Score

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

CHF2.20
Price
CHF2.42
GF Value