Ballard Power Systems (BLDP) Capital Expenditures (2009 - 2025)

Ballard Power Systems (BLDP) has 17 years of Capital Expenditures data on file, last reported at $15.9 million in Q4 2025.

• On a quarterly basis, Capital Expenditures fell 65.51% year-over-year to $15.9 million in Q4 2025; TTM through Dec 2025 was $9.8 million, a 61.92% decrease from a year earlier, with the FY2025 full-year figure at $9.8 million, down 61.92% from the prior year.
• Capital Expenditures for Q4 2025 stood at $15.9 million, up from -$1.4 million in the prior quarter.
• Over the last five years, Capital Expenditures for BLDP reached as high as $75.1 million in Q4 2023 and fell as low as -$15.3 million in Q2 2023.
• Historically, Capital Expenditures has averaged $4.9 million across 5 years, with a median of -$3.0 million in 2021.
• On a YoY basis, Capital Expenditures climbed as much as 1137.46% in 2022 and fell as far as 266.18% in 2022.
• Year by year, Capital Expenditures stood at -$5.1 million in 2021, then surged by 1137.46% to $53.2 million in 2022, then soared by 41.21% to $75.1 million in 2023, then sank by 38.57% to $46.1 million in 2024, then plunged by 65.51% to $15.9 million in 2025.
• Per Business Quant data, the three most recent Capital Expenditures figures were $15.9 million in Q4 2025, -$1.4 million in Q3 2025, and -$2.2 million in Q2 2025.