Ballard Power Systems (BLDP) Accumulated Expenses (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly 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 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Accumulated Expenses for 13 consecutive years, with $10.0 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Accumulated Expenses changed N/A year-over-year to $10.0 million; the TTM figure through Sep 2025 stood at $10.0 million (changed N/A YoY), while the FY2024 annual figure was $17.1 million, down 11.04% from the prior year.
- Accumulated Expenses advanced to $10.0 million in Q3 2025 per BLDP's latest filing, from $9.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $19.2 million in Q4 2023 and bottomed at $9.3 million in Q2 2025.
- Historically, Accumulated Expenses has averaged $12.9 million across 3 years, with a median of $12.1 million in 2024.
- Annual changes were most pronounced in 2024 — Accumulated Expenses declined 11.04% — and 2025, when it dropped 27.17%.
- Ballard Power Systems' Accumulated Expenses stood at $19.2 million in 2023, then slipped by 11.04% to $17.1 million in 2024, then slumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | Ballard Power Systems | 725.08 Mn | 219.93 Mn | 4.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.94 Mn |
| Dec 31, 2025 | 11.79 Mn |
| 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, 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 | 3,781.00 |
| Dec 31, 2015 | 4.14 Mn |
| Sep 30, 2015 | 3.99 Mn |
| Jun 30, 2015 | 3.00 Mn |
| Mar 31, 2015 | 2.80 Mn |