Ballard Power Systems (BLDP) Common Equity (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Common Equity came in at $606.8 million in Q3 2025, down 15.66% year-on-year from $719.5 million in Q3 2024, and down 4.58% on a QoQ basis from $635.9 million in Q2 2025.

Ballard Power Systems (BLDP) Common Equity (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Common Equity data on file, last reported at $606.8 million in Q3 2025.

  • On a quarterly basis, Common Equity fell 15.66% year-over-year to $606.8 million in Q3 2025; TTM through Sep 2025 was $606.8 million, a 15.66% decrease from a year earlier, with the FY2024 full-year figure at $673.0 million, down 32.1% from the prior year.
  • Common Equity for Q3 2025 stood at $606.8 million, down from $635.9 million in the prior quarter.
  • Over the last five years, Common Equity for BLDP reached as high as $1.4 billion in Q1 2021 and fell as low as $606.8 million in Q3 2025.
  • Historically, Common Equity has averaged $1.0 billion across 5 years, with a median of $1.1 billion in 2023.
  • Across the five-year window, Common Equity soared 387.91% in 2021 and tumbled 32.1% in 2024, its largest moves.
  • Year by year, Common Equity stood at $1.3 billion in 2021, then fell by 12.75% to $1.2 billion in 2022, then decreased by 14.47% to $991.2 million in 2023, then tumbled by 32.1% to $673.0 million in 2024, then dropped by 9.83% to $606.8 million in 2025.
  • Per Business Quant data, the three most recent Common Equity figures were $606.8 million in Q3 2025, $635.9 million in Q2 2025, and $653.8 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 62.78 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 4.24 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 948.01 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 3.78 Bn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 3.80 Bn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.38 Bn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 2.85 Bn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 129,000.00
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 1.91 Bn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 606.82 Mn
Jun 30, 2025 635.95 Mn
Mar 31, 2025 653.82 Mn
Dec 31, 2024 672.99 Mn
Sep 30, 2024 719.51 Mn
Jun 30, 2024 922.13 Mn
Mar 31, 2024 951.60 Mn
Dec 31, 2023 991.22 Mn
Sep 30, 2023 1.04 Bn
Jun 30, 2023 1.10 Bn
Mar 31, 2023 1.13 Bn
Dec 31, 2022 1.16 Bn
Sep 30, 2022 1.19 Bn
Jun 30, 2022 1.23 Bn
Mar 31, 2022 1.29 Bn
Dec 31, 2021 1.33 Bn
Sep 30, 2021 1.36 Bn
Jun 30, 2021 1.39 Bn
Mar 31, 2021 1.41 Bn
Dec 31, 2020 900.89 Mn