Ballard Power Systems vs Woodward: revenue, profit, margins and growth compared
Ballard Power Systems brought in $99.4M of revenue in fiscal 2025, Woodward $3.6B in fiscal 2025. Revenue changed by +42.5% at Ballard Power Systems and +7.3% at Woodward on the year before, so Ballard Power Systems grew faster. Ballard Power Systems kept -91.5% of its revenue as net profit, Woodward 12.4%. Free cash flow was -$66M at Ballard Power Systems and $340.4M at Woodward.
Fiscal years as each company reports them; the two may end in different months.
Questions about Ballard Power Systems and Woodward
Which is bigger by revenue, Ballard Power Systems or Woodward?
Woodward is bigger by revenue: $3.6B in fiscal 2025, against $99.4M for Ballard Power Systems in fiscal 2025.
Which keeps more of its revenue as profit, Ballard Power Systems or Woodward?
Ballard Power Systems had a net margin of -91.5% in fiscal 2025; Woodward had 12.4% in fiscal 2025.
Which grew revenue faster, Ballard Power Systems or Woodward?
In their latest fiscal years revenue changed by +42.5% at Ballard Power Systems and +7.3% at Woodward.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.