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

Ballard Power Systems (BLDP) reported Common Equity of $606.8 million for Q3 2025, down 15.66% year-over-year from $719.5 million in Q3 2024, and down 4.58% quarter-over-quarter 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.

  • Common Equity for Q3 2025 came in at $606.8 million, down 15.66% year-over-year; the trailing twelve-month figure through Sep 2025 was $606.8 million (down 15.66% YoY), and the FY2024 annual result was $673.0 million, down 32.1% from the prior year.
  • Common Equity fell to $606.8 million in Q3 2025 per BLDP's latest filing, from $635.9 million in the prior quarter.
  • Over five years, Common Equity peaked at $1.4 billion in Q1 2021 and troughed at $606.8 million in Q3 2025.
  • A 5-year average of $1.0 billion and a median of $1.1 billion in 2023 frame the typical range for Common Equity.
  • The sharpest annual moves came in 2021 and 2024: Common Equity surged 387.91% in 2021, then sank 32.1% in 2024.
  • A 5-year view of Common Equity shows it stood at $1.3 billion in 2021, then slipped by 12.75% to $1.2 billion in 2022, then declined by 14.47% to $991.2 million in 2023, then slumped by 32.1% to $673.0 million in 2024, then retreated by 9.83% to $606.8 million in 2025.
  • Business Quant data shows BLDP's Common Equity at $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 Novonix 395.03 Bn 394.98 Bn - 161.67 Mn
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 4.24 Bn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 921.47 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 3.80 Bn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 3.78 Bn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 1.38 Bn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 709.07 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 2.84 Bn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn 1.91 Bn

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