Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2025)
Ballard Power Systems (BLDP) reported Accumulated Expenses of $10.0 million for Q3 2025, up 7.75% quarter-over-quarter from $9.3 million in Q2 2025.
Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 15 years of Accumulated Expenses data on file, last reported at $10.0 million in Q3 2025.
- Accumulated Expenses for Q3 2025 came in at $10.0 million, changed N/A year-over-year; the trailing twelve-month figure through Sep 2025 was $10.0 million (changed N/A YoY), and the FY2024 annual result was $17.1 million, down 11.04% from the prior year.
- Accumulated Expenses improved to $10.0 million in Q3 2025 per BLDP's latest filing, from $9.3 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $19.2 million in Q4 2023 and troughed at $9.3 million in Q2 2025.
- A 3-year average of $12.9 million and a median of $12.1 million in 2024 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2024 and 2025: Accumulated Expenses declined 11.04% in 2024, then dropped 27.17% in 2025.
- A 3-year view of Accumulated Expenses shows it stood at $19.2 million in 2023, then decreased by 11.04% to $17.1 million in 2024, then sank by 41.6% to $10.0 million in 2025.
- Business Quant data shows BLDP's Accumulated Expenses at $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 | Novonix | 395.03 Bn | 394.98 Bn | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 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 |
| 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 |
| Sep 30, 2017 | 5.78 Mn |
| Dec 31, 2016 | 8.06 Mn |
| Sep 30, 2016 | 5.14 Mn |
| Jun 30, 2016 | 3.70 Mn |
| Mar 31, 2016 | 5,000.00 |
| Dec 31, 2015 | 4.14 Mn |
| Sep 30, 2015 | 3.99 Mn |
| Jun 30, 2015 | 3.00 Mn |