Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Ballard Power 0.02, ITM Power 0.0115.
* ITM Power reports semi-annually. Values are evenly split across both quarters within each half.
Ballard Power vs ITM Power Net Worth and Market Cap
Ballard Power (BLDP) and ITM Power (ITM.L) are peers in Hydrogen & Fuel Cells. Ballard Power reported revenue of $20M as of Q2 2026, compared with $23M for ITM Power. ITM Power leads on revenue.
Ballard Power's gross margin is 19.8% versus -59.0% for ITM Power. Ballard Power's net margin is -98.4% versus -78.5% for ITM Power.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Ballard Power, ITM Power.| Metric | Ballard Power | ITM Power |
|---|---|---|
| Market Cap | - | - |
| Revenue | $20.00M | $23.00M |
| Cost of Revenue | $16.00M | $36.00M |
| Gross Profit | $4.00M | $-13.00M |
| Operating Income | $-12.00M | $-23.00M |
| Net Income | $-20.00M | $-18.00M |
| R&D Expense | $10.00M | $0 |
| Earnings Per Share | -$0.07 | -$0.03 |
| Gross Margin | 19.8% | -59.0% |
| Operating Margin | -62.0% | -99.8% |
| Net Profit Margin | -98.4% | -78.5% |
| Free Cash Flow | $-12.00M | $-8.00M |
| Cumulative Free Cash Flow | $-1.73B | $-484.00M |
| Operating Cash Flow | $-11.00M | $-2.00M |
| Cash & Equivalents | $501.00M | $249.00M |