Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2025)
Ballard Power Systems' (BLDP) quarterly Accumulated Expenses came in at $10.0 million in Q3 2025, up 7.75% on a QoQ basis from $9.3 million in Q2 2025.
Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Accumulated Expenses data on file, last reported at $10.0 million in Q3 2025.
- On a quarterly basis, Accumulated Expenses changed N/A year-over-year to $10.0 million in Q3 2025; TTM through Sep 2025 was $10.0 million, a N/A change from a year earlier, with the FY2024 full-year figure at $17.1 million, down 11.04% from the prior year.
- Accumulated Expenses for Q3 2025 stood at $10.0 million, up from $9.3 million in the prior quarter.
- Over the last five years, Accumulated Expenses for BLDP reached as high as $19.2 million in Q4 2023 and fell as low as $7.4 million in Q3 2022.
- Historically, Accumulated Expenses has averaged $12.8 million across 5 years, with a median of $12.6 million in 2023.
- Across the five-year window, Accumulated Expenses jumped 129.98% in 2023 and decreased 27.17% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $15.8 million in 2021, then fell by 16.31% to $13.2 million in 2022, then surged by 45.19% to $19.2 million in 2023, then declined by 11.04% to $17.1 million in 2024, then slumped by 41.6% to $10.0 million in 2025.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $10.0 million in Q3 2025, $9.3 million in Q2 2025, and $9.6 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | Ballard Power Systems | 895.53 Mn | 364.27 Mn | 5.64 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 9.99 Mn |
| Jun 30, 2025 | 9.27 Mn |
| Mar 31, 2025 | 9.61 Mn |
| Dec 31, 2024 | 17.11 Mn |
| Jun 30, 2024 | 12.08 Mn |
| Mar 31, 2024 | 13.20 Mn |
| Dec 31, 2023 | 19.24 Mn |
| Sep 30, 2023 | 17.11 Mn |
| Jun 30, 2023 | 12.62 Mn |
| Mar 31, 2023 | 11.57 Mn |
| Dec 31, 2022 | 13.25 Mn |
| Sep 30, 2022 | 7.44 Mn |
| Jun 30, 2022 | 10.92 Mn |
| Mar 31, 2022 | 12.89 Mn |
| Dec 31, 2021 | 15.83 Mn |
| Jun 30, 2020 | 9.72 Mn |
| Mar 31, 2020 | 6.97 Mn |
| Dec 31, 2019 | 12.60 Mn |
| Jun 30, 2018 | 4.41 Mn |
| Dec 31, 2017 | 9.21 Mn |