Ballard Power Systems (BLDP) Capital Expenditures (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Capital Expenditures came in at -$835000.0 in Q2 2026, up 62.66% year-over-year from -$513351.7 in Q2 2025, and down 41.77% quarter-over-quarter from -$589000.0 in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Capital Expenditures (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Capital Expenditures for 18 consecutive years, with -$835000.0 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Capital Expenditures rose 62.66% year-over-year to -$835000.0 in Q2 2026; TTM through Jun 2026 was -$6.6 million, a 60.06% increase from a year earlier, with the FY2025 full-year figure at -$9.8 million, up 61.92% from the prior year.
- Capital Expenditures was -$835000.0 for Q2 2026 at Ballard Power Systems, down from -$589000.0 in the prior quarter.
- Over five years, Capital Expenditures peaked at -$589000.0 in Q1 2026 and troughed at -$15.3 million in Q2 2023.
- A 5-year average of -$5.6 million and a median of -$3.8 million in 2022 frame the typical range for Capital Expenditures.
- Across the five-year window, Capital Expenditures jumped 94.74% in 2023 and slumped 389.13% in 2025, its largest moves.
- Over 5 years, Capital Expenditures stood at -$14.7 million in 2022, then jumped by 94.74% to -$773000.0 in 2023, then changed by 0.0% to -$773000.0 in 2024, then tumbled by 389.13% to -$3.8 million in 2025, then surged by 77.92% to -$835000.0 in 2026.
- The last three Capital Expenditures figures came in at -$835000.0 (Q2 2026), -$589000.0 (Q1 2026), and -$3.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 70.46 Mn |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | 1.32 Mn |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -835,000.00 |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -835,000.00 |
| Mar 31, 2026 | -589,000.00 |
| Dec 31, 2025 | -3.78 Mn |
| Sep 30, 2025 | -1.40 Mn |
| Jun 30, 2025 | -2.24 Mn |
| Mar 31, 2025 | -2.43 Mn |
| Dec 31, 2024 | -773,000.00 |
| Sep 30, 2024 | -11.09 Mn |
| Jun 30, 2024 | -1.89 Mn |
| Mar 31, 2024 | -7.29 Mn |
| Dec 31, 2023 | -773,000.00 |
| Sep 30, 2023 | -6.93 Mn |
| Jun 30, 2023 | -15.30 Mn |
| Mar 31, 2023 | -11.64 Mn |
| Dec 31, 2022 | -14.69 Mn |
| Sep 30, 2022 | -6.66 Mn |
| Jun 30, 2022 | -8.69 Mn |
| Mar 31, 2022 | -3.89 Mn |
| Dec 31, 2021 | -5.13 Mn |
| Sep 30, 2021 | -2.18 Mn |