Hydrogenics Competitors and Similar CompaniesClear all
Hydrogenics's competitors and similar companies include PowerCell Group, ITM Power and Ballard Power Systems.
 PowerCell Group PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
|  ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. |  Ballard Power Systems Ballard Power Systems is a provider of hydrogen fuel cell products and services. | ||
Founding Date | Founding Date 1995 | Founding Date 2008 | Founding Date 2000 | Founding Date 1979 |
Type | Type Subsidiary | Type Public | Type Public | Type Public |
Tags | ||||
Locations | Locations Mississauga, CA HQ | Locations Göteborg, SE HQ Frankfurt Am Main, DE | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB | Locations Burnaby, CA HQ Guangzhou, CN Weifang, CN Hobro, DK Bend, US |
Employees | Employees 921% increase | Employees 146 | Employees 30814% decrease | Employees 887 |
Valuation ($) | Valuation ($) N/A | Valuation ($) 225.2 m | Valuation ($) 323.5 m | Valuation ($) 497.3 m |
Financial | ||||
Revenue (est.) | Revenue (est.) N/A | Revenue (est.) kr385m (FY, 2025) | Revenue (est.) £26m (FY, 2025) | Revenue (est.) $99.4m (FY, 2025) |
Cost of goods | Cost of goods N/A | Cost of goods kr183.9m (FY, 2025) | Cost of goods £42.3m (FY, 2025) | Cost of goods $89.8m (FY, 2025) |
Gross profit | Gross profit N/A | Gross profit kr227.5m (FY, 2025) | Gross profit (£12.9m) (FY, 2025) | Gross profit $9.6m (FY, 2025) |
Net income | Net income N/A | Net income (kr29.5m) (FY, 2025) | Net income (£45.5m) (FY, 2025) | Net income ($90.9m) (FY, 2025) |
Funding | ||||
Total funding raised | Total funding raised $ 13.3m | Total funding raised $ 35.9m | Total funding raised $ 15.2m | Total funding raised $ 174.7m |
For sources of this data, please see the company profile
View Company Profiles
PowerCell Group
HQ
Göteborg, SE
Employees
146
PowerCell Group (also known as PowerCell Sweden) is a company that develops and produces fuel cells and fuel cell systems with high-power density powered by hydrogen.
View companyITM Power
HQ
Rotherham, GB
Employees
308↓ 14% decrease
ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers.
View companyBallard Power Systems
HQ
Burnaby, CA
Employees
887
Ballard Power Systems is a provider of hydrogen fuel cell products and services.
View company