Ballard Power Systems (TSX:BLDP) Tax Provision: C$-0.1 Mil (TTM As of Mar. 2026)

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TSX:BLDP Ballard Power Systems Inc TSX:BLDP
76 GF Score
Price C$4.19
GF Value C$4.18
Valuation Fairly Valued
! 4 Warning Signs
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What is Ballard Power Systems Tax Provision?

Ballard Power Systems TSX:BLDP +0.72% 76 Tax Provision is C$-0.1 Mil as of Mar. 2026. GuruFocus rates TSX:BLDP with a GF Score™ of 76/100 and a GF Value™ of C$4.18 (Fairly Valued). The stock has 4 warning signs investors should review.

Ballard Power Systems's tax provision for the three months ended in Mar. 2026 was C$0.0 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.1 Mil.

Ballard Power Systems Tax Provision Historical Data

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The historical data trend for Ballard Power Systems's Tax Provision 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 Tax Provision Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 -0.06 -0.21 -0.17 -0.07

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
Tax Provision 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 0.00 -0.03 0.00 -0.04 0.00
TSX:BLDP
76GF Score
Ballard Power Systems Inc TSX:BLDP
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Tax Provision Calculation

Tax to be paid.

Tax Provision 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 C$-0.1 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of C$-0.1 Mil mean?
Ballard Power Systems (TSX:BLDP) has a Tax Provision of C$-0.1 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Tax Provision too high?
Ballard Power Systems' current Tax Provision is C$-0.1 Mil. Overall, Ballard Power Systems has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Tax Provision compare to VRT and BE?
Ballard Power Systems' Tax Provision of C$-0.1 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 Tax Provision for an Industrial Products company?
A good Tax Provision depends on the Industrial Products industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Tax Provision is C$-0.1 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 Fairly Valued. The stock's GF Value™ is C$4.18, compared to a current price of C$4.19 — trading 0.2% above its estimated fair value. The current Tax Provision is C$-0.1 Mil. Ballard Power Systems' overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Ballard Power Systems (TSX:BLDP), the current Tax Provision is C$-0.1 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 overvalued. The current stock price of C$4.19 is trading 0.2% above its estimated GF Value™ of C$4.18. GuruFocus considers Ballard Power Systems to be Fairly Valued.

Key valuation signals for TSX:BLDP:

  • Tax Provision: C$-0.1 Mil
  • GF Value™: C$4.18 vs. price of C$4.19 (0.2% above fair value)
  • GF Score™: 76/100 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.
76GF Score

Get the complete analysis for TSX:BLDP

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

C$4.19
Price
C$4.18
GF Value