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
DateValue
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