BLDP
Ballard Power Systems Inc.
BLDP lost money over the past year, so it has no meaningful PE right now. Analysts expect losses to shrink, though they disagree widely on how much.
EOSE
Eos Energy Enterprises, Inc.
There isn't enough reported data to score EOSE yet.
BLDP Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Unavailable |
BLDP's revenue is currently healthy, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
EOSE Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Weak | |
| Weak | |
| Unavailable |
EOSE's revenue is currently healthy, but its profitability and cash flow are weak. There isn't enough data to rate its balance sheet.
BLDP PE Valuation
BLDP has no meaningful PE right now: it lost money over the past year.
EOSE PE Valuation
EOSE has no meaningful PE right now: it lost money over the past year.
BLDP Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect BLDP's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
EOSE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| Low |
Analysts expect EOSE's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
BLDP Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.26 | +$0.72 |
| Q1 2026 | -$0.27 | +$0.74 |
| Q4 2025 | -$0.30 | +$0.78 |
| Q3 2025 | -$0.39 | +$0.72 |
| Q2 2025 | -$0.98 | -$0.34 |
| Q1 2025 | -$1.01 | -$0.38 |
| Q4 2024 | -$1.08 | -$0.48 |
| Q3 2024 | -$1.11 | -$0.57 |
BLDP has the stronger earnings trend. Trailing diluted EPS is down 127% for BLDP versus EOSE down 224%.
EOSE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2023 | -$2.69 | +$0.85 |
| Q2 2023 | -$3.76 | -$1.00 |
| Q1 2023 | -$3.65 | -$0.86 |
| Q4 2022 | -$3.68 | -$1.32 |
| Q3 2022 | -$3.54 | +$5.19 |
EOSE is still losing money, but less than at its worst: $4.55 per share over the past year, against $8.73 at its worst in late 2021.
BLDP Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $20.1M | +13% |
| Q1 2026 | $19.4M | +26% |
| Q4 2025 | $33.6M | +37% |
| Q3 2025 | $32.5M | +120% |
| Q2 2025 | $17.8M | +11% |
| Q1 2025 | $15.4M | +6.5% |
| Q4 2024 | $24.5M | -47% |
| Q3 2024 | $14.8M | -45% |
BLDP's revenue is recovering but still below its 2023 peak: $20M last quarter, up 13% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -62% | +124 points |
| Q1 2026 | -67% | +122 points |
| Q4 2025 | -35% | +113 points |
| Q3 2025 | -92% | +335 points |
| Q2 2025 | -186% | +72 points |
| Q1 2025 | -189% | +105 points |
| Q4 2024 | -148% | -62 points |
| Q3 2024 | -428% | -289 points |
BLDP has the edge over EOSE on profitability, with a higher operating margin.
EOSE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $82.7M | +171% |
| Q2 2026 | $68.8M | +351% |
| Q1 2026 | $57M | +445% |
| Q4 2025 | $58M | +700% |
| Q3 2025 | $30.5M | +3473% |
| Q2 2025 | $15.2M | +1597% |
| Q1 2025 | $10.5M | +58% |
| Q4 2024 | $7.3M | +9.7% |
EOSE has the edge over BLDP on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -96% | +105 points |
| Q2 2026 | -122% | +297 points |
| Q1 2026 | -139% | +367 points |
| Q4 2025 | -140% | +573 points |
| Q3 2025 | -201% | +6044 points |
| Q2 2025 | -419% | +2815 points |
| Q1 2025 | -506% | +117 points |
| Q4 2024 | -713% | -74 points |
EOSE's operating margin was −96% last quarter, up 105 points from the same quarter a year ago, near the top of its range since 2019.
BLDP Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$12.2M | +$10.4M |
| Q1 2026 | -$8.4M | +$18.7M |
| Q4 2025 | $7.8M | +$38.2M |
| Q3 2025 | -$24.3M | +$16M |
| Q2 2025 | -$22.7M | +$15M |
| Q1 2025 | -$27.1M | +$396K |
| Q4 2024 | -$30.3M | -$4.4M |
| Q3 2024 | -$40.2M | -$11.2M |
BLDP has the edge over EOSE on cash flow, with more consistent year-over-year improvement.
EOSE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$105.1M | -$22.4M |
| Q2 2026 | -$107.4M | -$34.3M |
| Q1 2026 | -$154.8M | -$121M |
| Q4 2025 | -$75.2M | -$19.5M |
| Q3 2025 | -$82.7M | -$28.5M |
| Q2 2025 | -$73.2M | -$40.6M |
| Q1 2025 | -$33.8M | +$10.7M |
| Q4 2024 | -$55.8M | -$10.2M |
EOSE has burned cash in almost every quarter: −$443M over the past year, against −$246M the year before.
BLDP Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +560K shares |
| 1 year | +0.5% | +1.6M shares |
| 3 years | +0.9% | +2.8M shares |
| 5 years | +1.3% | +3.9M shares |
| Available history | +29% | +68.7M shares |
BLDP has the edge over EOSE on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BLDP hasn't bought back shares in the past year.
EOSE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +63% | +213M shares |
| 1 year | +161% | +341M shares |
| 3 years | +888% | +497M shares |
EOSE has 553M diluted shares, up 161% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2019 | — |
BLDP Net Leverage
BLDP's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
EOSE Net Leverage
EOSE's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
BLDP Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 31.4 | Neutral |
| Stochastic | 6.1 | Oversold |
BLDP's weekly RSI is 31 (neutral) and its Stochastic is 6 (oversold).
EOSE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.5 | Neutral |
| Stochastic | 7.4 | Oversold |
EOSE's weekly RSI is 33 (neutral) and its Stochastic is 7 (oversold).
BLDP PE vs Industrials Sector
BLDP has no meaningful PE right now: it lost money over the past year.
EOSE PE vs Industrials Sector
EOSE has no meaningful PE right now: it lost money over the past year.
BLDP Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.70 | 18% below |
| 20 week MA | $2.26 | 38% below |
| 50 week MA | $2.79 | 50% below |
| 100 week MA | $2.35 | 40% below |
| 200 week MA | $2.90 | 52% below |
BLDP is in a downtrend: it's below all five of its weekly moving averages, and 52% below its 200-week average.
EOSE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.24 | 19% below |
| 20 week MA | $3.28 | 45% below |
| 50 week MA | $7.01 | 74% below |
| 100 week MA | $7.10 | 75% below |
| 200 week MA | $4.53 | 60% below |
EOSE is in a downtrend: it's below all five of its weekly moving averages, and 60% below its 200-week average.
BLDP Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $6.94 | $23.5 | +238% |
| 2021 | $23.5 | $12.7 | -46% |
| 2022 | $12.7 | $4.79 | -62% |
| 2023 | $4.79 | $3.70 | -23% |
| 2024 | $3.70 | $1.69 | -54% |
| 2025 | $1.69 | $2.63 | +56% |
| 2026 YTD | $2.63 | $1.40 | -47% |
BLDP has the edge over EOSE on returns for 2026, with the stronger performance.
EOSE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.72 | $19.2 | +98% |
| 2021 | $19.2 | $8.57 | -55% |
| 2022 | $8.57 | $1.08 | -87% |
| 2023 | $1.08 | $1.09 | +0.9% |
| 2024 | $1.09 | $5.17 | +374% |
| 2025 | $5.17 | $11.9 | +129% |
| 2026 YTD | $11.9 | $1.81 | -85% |
EOSE's yearly returns have swung widely, from +374% in 2024 to −87% in 2022. It's down 85% so far in 2026.