Ballard Power Systems (BLDP) Capital Expenditures (2009 - 2026)
Ballard Power Systems (BLDP) recorded Capital Expenditures of -$835,000 in the quarter ended Jun 30, 2026, compared with -$2.24 million a year earlier.
Ballard Power Systems (BLDP) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Ballard Power Systems' Capital Expenditures came in at -$6.6 million as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at -$9.84 million.
- Across earlier years, Capital Expenditures came in at -$25.85 million in the year ended Dec 31, 2024, -$41.21 million in the year ended Dec 31, 2023, -$33.93 million in the year ended Dec 31, 2022 and -$13.16 million in the year ended Dec 31, 2021.
- Quarterly Capital Expenditures has ranged from -$15.3 million in the quarter ended Jun 30, 2023 to -$589,000 in the quarter ended Mar 31, 2026 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$589,000 (quarter ended Mar 31, 2026), -$3.78 million (quarter ended Dec 31, 2025) and -$1.4 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 239.17 Bn | 199.09 Bn | 2.36 Bn | 386.00 Mn |
| 2 | Bloom Energy | 63.80 Bn | 55.59 Bn | 355.57 Mn | 51.64 Mn |
| 3 | First Solar | 18.85 Bn | 9.81 Bn | 605.00 Mn | 161.32 Mn |
| 4 | BWX Technologies | 12.35 Bn | 10.65 Bn | 202.31 Mn | 41.43 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 15.90 Mn |
| 6 | Generac Holdings | 11.46 Bn | 10.29 Bn | 521.81 Mn | 58.29 Mn |
| 7 | EnerSys | 6.24 Bn | 4.43 Bn | 313.36 Mn | 12.42 Mn |
| 8 | Enphase Energy | 4.21 Bn | -645.55 Mn | 175.01 Mn | 14.39 Mn |
| 9 | Mirion Technologies | 3.73 Bn | 1.57 Bn | 133.10 Mn | 10.40 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | -835,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -835,000.00 |
| Mar 31, 2026 | -589,000.00 |
| Dec 31, 2025 | 15.91 Mn |
| Sep 30, 2025 | -1.40 Mn |
| Jun 30, 2025 | -2.24 Mn |
| Mar 31, 2025 | -2.43 Mn |
| Dec 31, 2024 | 46.12 Mn |
| Sep 30, 2024 | -11.09 Mn |
| Jun 30, 2024 | -1.89 Mn |
| Mar 31, 2024 | -7.29 Mn |
| Dec 31, 2023 | 75.08 Mn |
| Sep 30, 2023 | -6.93 Mn |
| Jun 30, 2023 | -15.30 Mn |
| Mar 31, 2023 | -11.64 Mn |
| Dec 31, 2022 | 53.17 Mn |
| Sep 30, 2022 | -6.66 Mn |
| Jun 30, 2022 | -8.69 Mn |
| Mar 31, 2022 | -3.89 Mn |
| Dec 31, 2021 | 21.19 Mn |
| Sep 30, 2021 | -2.18 Mn |
Ballard Power Systems Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();