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.

• Capital Expenditures for Q4 2025 came in at $15.9 million, down 65.51% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.8 million (down 61.92% YoY), and the FY2025 annual result was $9.8 million, down 61.92% from the prior year.
• Capital Expenditures improved to $15.9 million in Q4 2025 per BLDP's latest filing, from -$1.4 million in the prior quarter.
• Over five years, Capital Expenditures peaked at $75.1 million in Q4 2023 and troughed at -$15.3 million in Q2 2023.
• A 5-year average of $4.9 million and a median of -$3.0 million in 2021 frame the typical range for Capital Expenditures.
• On a YoY basis, Capital Expenditures climbed as much as 1137.46% in 2022 and fell as far as 266.18% in 2022.
• A 5-year view of Capital Expenditures shows it 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 plunged by 38.57% to $46.1 million in 2024, then tumbled by 65.51% to $15.9 million in 2025.
• Business Quant data shows BLDP's Capital Expenditures at $15.9 million in Q4 2025, -$1.4 million in Q3 2025, and -$2.2 million in Q2 2025.