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: Revenue Comparison
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 |