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: Revenue Comparison
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 |