Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Ballard Power 0.02, Ceres Power 0.0075.
* Ceres Power reports semi-annually. Values are evenly split across both quarters within each half.
Ballard Power vs Ceres Power Net Worth and Market Cap
Ballard Power (BLDP) and Ceres Power (CWR.L) are peers in Hydrogen & Fuel Cells. Ballard Power reported revenue of $20M as of Q2 2026, compared with $15M for Ceres Power. Ballard Power leads on revenue.
Ballard Power's gross margin is 19.8% versus 34.7% for Ceres Power. Ballard Power's net margin is -98.4% versus -241.6% for Ceres Power.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Ballard Power, Ceres Power.| Metric | Ballard Power | Ceres Power |
|---|---|---|
| Market Cap | - | - |
| Revenue | $20.00M | $15.00M |
| Cost of Revenue | $16.00M | $10.00M |
| Gross Profit | $4.00M | $5.00M |
| Operating Income | $-12.00M | $-36.00M |
| Net Income | $-20.00M | $-35.00M |
| R&D Expense | $10.00M | $29.00M |
| Earnings Per Share | -$0.07 | -$0.18 |
| Gross Margin | 19.8% | 34.7% |
| Operating Margin | -62.0% | -246.0% |
| Net Profit Margin | -98.4% | -241.6% |
| Free Cash Flow | $-12.00M | $-26.00M |
| Cumulative Free Cash Flow | $-1.73B | $-438.00M |
| Operating Cash Flow | $-11.00M | $-25.00M |
| Cash & Equivalents | $501.00M | $45.00M |