Ballard Power Systems Competitors and Similar CompaniesClear all
Ballard Power Systems's competitors and similar companies include Westport Fuel Systems, Bloom Energy, Ultralife and Nuvera Fuel Cells.
 Ballard Power Systems Ballard Power Systems is a provider of hydrogen fuel cell products and services. |  Westport Fuel Systems Westport Fuel Systems (formerly known as Westport Innovations) is a clean transportation technology company that provides hydrogen fuel cell solutions. |  Bloom Energy Bloom Energy is a renewable energy company that offers solid oxide fuel cell-based power generation solutions. |  Nuvera Fuel Cells Nuvera Fuel Cells is a company that develops polymer electrolyte membrane (PEM) fuel cell engines and power generators. | ||
Founding Date | Founding Date 1979 | Founding Date 1995 | Founding Date 2001 | Founding Date 1990 | Founding Date 2000 |
Type | Type Public | Type Public | Type Public | Type Public | Type Subsidiary |
Tags | |||||
Locations | Locations Burnaby, CA HQ Guangzhou, CN Weifang, CN Hobro, DK Bend, US | Locations Vancouver, CA HQ Calgary, CA Cambridge, CA Västra Frölunda, SE Novi, US | Locations San Jose, US HQ Bangalore, IN Mumbai, IN Tokyo, JP Seoul, KR Dubai, AE Newark, US | Locations Newark, US HQ Calgary, CA Mississauga, CA Surrey, CA Shenzhen, CN Bengaluru, IN Newcastle Under Lyme, GB see more | Locations Billerica, US HQ Milan, IT |
Employees | Employees 887 | Employees 11293% decrease | Employees 2,12711% decrease | Employees 67125% increase | Employees 12412% decrease |
Valuation ($) | Valuation ($) 497.3 m | Valuation ($) 73 m | Valuation ($) 2.3 b | Valuation ($) 146.5 m | Valuation ($) N/A |
Financial | |||||
Revenue (est.) | Revenue (est.) $99.4m (FY, 2025) | Revenue (est.) $183.3m (FY, 2025) | Revenue (est.) $2b (FY, 2025) | Revenue (est.) $191.2m (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods $89.8m (FY, 2025) | Cost of goods $147.5m (FY, 2025) | Cost of goods $18m (FY, 2025) | Cost of goods $145.1m (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit $9.6m (FY, 2025) | Gross profit $35.8m (FY, 2025) | Gross profit $587.4m (FY, 2025) | Gross profit $46m (FY, 2025) | Gross profit N/A |
Net income | Net income ($90.9m) (FY, 2025) | Net income ($61.6m) (FY, 2025) | Net income ($87.1m) (FY, 2025) | Net income ($6m) (FY, 2025) | Net income N/A |
Operating ⚠ | |||||
Brands | Brands N/A | Brands 10 (FY, 2019) | Brands N/A | Brands 15 (FY, 2023) | Brands N/A |
Facility Space Owned, sq. ft. | Facility Space Owned, sq. ft. N/A | Facility Space Owned, sq. ft. N/A | Facility Space Owned, sq. ft. 178 k (FY, 2022) | Facility Space Owned, sq. ft. 319 k (FY, 2023) | Facility Space Owned, sq. ft. N/A |
Trademarks | Trademarks 62 (FY, 2021) | Trademarks N/A | Trademarks N/A | Trademarks 24 (FY, 2023) | Trademarks N/A |
Trademarks Pending | Trademarks Pending 8 (FY, 2021) | Trademarks Pending N/A | Trademarks Pending 2 (FY, 2022) | Trademarks Pending N/A | Trademarks Pending N/A |
Funding | |||||
Total funding raised | Total funding raised $ 174.7m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 8.4m | Total funding raised N/A |
For sources of this data, please see the company profile
View Company Profiles
Westport Fuel Systems
HQ
Vancouver, CA
Employees
112
Westport Fuel Systems (formerly known as Westport Innovations) is a clean transportation technology company that provides hydrogen fuel cell solutions.
View companyBloom Energy
HQ
San Jose, US
Employees
2,127↓ 11% decrease
Bloom Energy is a renewable energy company that offers solid oxide fuel cell-based power generation solutions.
View company
Ultralife
HQ
Newark, US
Employees
671↑ 25% increase
Ultralife is a company that specializes in battery and RF power solutions.
View companyNuvera Fuel Cells
HQ
Billerica, US
Nuvera Fuel Cells is a company that develops polymer electrolyte membrane (PEM) fuel cell engines and power generators.
View company