Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Plug Power 0.178, Ballard Power 0.02.
Plug Power vs Ballard Power: Revenue Comparison
Plug Power (PLUG) and Ballard Power (BLDP) are peers in Hydrogen & Fuel Cells. Plug Power reported revenue of $178M as of Q2 2026, compared with $20M for Ballard Power. Plug Power leads on revenue.
Plug Power's gross margin is -0.9% versus 19.8% for Ballard Power. Plug Power's net margin is -105.6% versus -98.4% for Ballard Power.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Plug Power, Ballard Power.| Metric | Plug Power | Ballard Power |
|---|---|---|
| Market Cap | - | - |
| Revenue | $178.00M | $20.00M |
| Cost of Revenue | $180.00M | $16.00M |
| Gross Profit | $-2.00M | $4.00M |
| Operating Income | $-64.00M | $-12.00M |
| Net Income | $-188.00M | $-20.00M |
| R&D Expense | $13.00M | $10.00M |
| Earnings Per Share | -$0.14 | -$0.07 |
| Gross Margin | -0.9% | 19.8% |
| Operating Margin | -36.0% | -62.0% |
| Net Profit Margin | -105.6% | -98.4% |
| Free Cash Flow | $-100.00M | $-12.00M |
| Cumulative Free Cash Flow | $-6.78B | $-1.73B |
| Operating Cash Flow | $-94.00M | $-11.00M |
| Cash & Equivalents | $162.00M | $501.00M |