Ballard Power Systems (BLDP) Common Equity (2009 - 2026)
Ballard Power Systems (BLDP) posted Common Equity of $559.74 million for the quarter ended Jun 30, 2026, down 12.0% from $635.95 million a year earlier and down 3.2% from the prior quarter.
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Analysis
Ballard Power Systems (BLDP) Common Equity (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Ballard Power Systems' Common Equity came in at $589.93 million, down 12.3% from the prior year.
- Annual Common Equity has declined for four consecutive years, with a five-year compound annual growth rate of -8.1% (years ended Dec 2020 to Dec 2025).
- In prior years, Ballard Power Systems' Common Equity was $672.99 million in the year ended Dec 31, 2024 (-32.1%), $991.22 million in the year ended Dec 31, 2023 (-14.5%), $1.16 billion in the year ended Dec 31, 2022 (-12.7%) and $1.33 billion in the year ended Dec 31, 2021 (+47.4%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Common Equity since the quarter ended Sep 30, 2020.
- On a year-over-year basis, Common Equity has declined in each of the last 18 quarters, with an average decline of 22.1% over the last eight quarters.
- The strongest year-over-year quarter for Common Equity in the past five years was the quarter ended Sep 30, 2021, with growth of 174.9%; the weakest was the quarter ended Dec 31, 2024, with a decline of 32.1%.
- According to Business Quant data, Common Equity for the three prior quarters was $577.95 million (quarter ended Mar 31, 2026), $589.93 million (quarter ended Dec 31, 2025) and $606.82 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 10.32 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 1.33 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 2.56 Bn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 2.88 Bn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 1.97 Bn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 1.18 Bn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 1.88 Bn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | 559.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 559.74 Mn |
| Mar 31, 2026 | 577.95 Mn |
| Dec 31, 2025 | 589.93 Mn |
| 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 |
API Access
Ballard Power Systems Common Equity 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=common-equity&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();