Ballard Power Systems BLDP
NASDAQ BLDP
$2.17 -0.01 (-0.46%)
At close: Sep 18, 2026 · 4:00 PM EDT

Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2026)

Ballard Power Systems' (BLDP) quarterly Accumulated Expenses came in at $6.9 million in Q2 2026, up 145.06% year-over-year from $2.8 million in Q2 2025, and down 13.86% quarter-over-quarter from $8.1 million in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Accumulated Expenses for 15 consecutive years, with $6.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Accumulated Expenses rose 145.06% year-over-year to $6.9 million in Q2 2026; TTM through Jun 2026 was $6.9 million, a 145.06% increase from a year earlier, with the FY2025 full-year figure at $11.8 million, up 340.14% from the prior year.
  • Accumulated Expenses was $6.9 million for Q2 2026 at Ballard Power Systems, down from $8.1 million in the prior quarter.
  • Over five years, Accumulated Expenses peaked at $11.8 million in Q4 2025 and troughed at $1.8 million in Q2 2024.
  • A 5-year average of $3.9 million and a median of $2.7 million in 2024 frame the typical range for Accumulated Expenses.
  • Across the five-year window, Accumulated Expenses slipped 17.61% in 2023 and jumped 340.14% in 2025, its largest moves.
  • Over 5 years, Accumulated Expenses stood at $2.3 million in 2022, then retreated by 17.61% to $1.9 million in 2023, then jumped by 43.82% to $2.7 million in 2024, then jumped by 340.14% to $11.8 million in 2025, then slumped by 41.12% to $6.9 million in 2026.
  • The last three Accumulated Expenses figures came in at $6.9 million (Q2 2026), $8.1 million (Q1 2026), and $11.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Bloom Energy 77.91 Bn 75.27 Bn 355.57 Mn
2 Fuelcell Energy 1.45 Bn 797.66 Mn -24.50 Mn
3 Ballard Power Systems 652.70 Mn 147.56 Mn 4.08 Mn
4 Sunhydrogen 114.56 Mn 114.56 Mn -45,724.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.94 Mn
Mar 31, 2026 8.06 Mn
Dec 31, 2025 11.79 Mn
Sep 30, 2025 2.77 Mn
Jun 30, 2025 2.83 Mn
Mar 31, 2025 2.70 Mn
Dec 31, 2024 2.68 Mn
Sep 30, 2024 1.85 Mn
Jun 30, 2024 1.80 Mn
Mar 31, 2024 1.82 Mn
Dec 31, 2023 1.86 Mn
Dec 31, 2022 2.26 Mn
Sep 30, 2018 5.93 Mn
Jun 30, 2018 4.41 Mn
Mar 31, 2018 3.71 Mn
Dec 31, 2017 9.21 Mn
Sep 30, 2017 5.78 Mn
Jun 30, 2017 4.96 Mn
Mar 31, 2017 4.29 Mn
Dec 31, 2016 8.06 Mn