Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Ballard Power 0.02, Nel 0.153.
Ballard Power vs Nel: Revenue Comparison
Ballard Power (BLDP) and Nel (NEL.OL) are peers in Hydrogen & Fuel Cells. Ballard Power reported revenue of $20M as of Q2 2026, compared with $153M for Nel. Nel leads on revenue.
Ballard Power's gross margin is 19.8% versus 54.1% for Nel. Ballard Power's net margin is -98.4% versus -122.9% for Nel.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Ballard Power, Nel.| Metric | Ballard Power | Nel |
|---|---|---|
| Market Cap | - | - |
| Revenue | $20.00M | $153.00M |
| Cost of Revenue | $16.00M | $70.00M |
| Gross Profit | $4.00M | $83.00M |
| Operating Income | $-12.00M | $-234.00M |
| Net Income | $-20.00M | $-189.00M |
| R&D Expense | $10.00M | $0 |
| Earnings Per Share | -$0.07 | -$0.1 |
| Gross Margin | 19.8% | 54.1% |
| Operating Margin | -62.0% | -152.2% |
| Net Profit Margin | -98.4% | -122.9% |
| Free Cash Flow | $-12.00M | $-73.00M |
| Cumulative Free Cash Flow | $-1.73B | $-6.34B |
| Operating Cash Flow | $-11.00M | $2.00M |
| Cash & Equivalents | $501.00M | $1.33B |