Ballard Power Systems (BLDP) Depreciation & Amortization (CF) (2009 - 2026)
Ballard Power Systems (BLDP) recorded Depreciation & Amortization (CF) of $1 million in the quarter ended Jun 30, 2026, up 4.0% from $964,000 a year earlier and up 1.6% from the prior quarter.
Ballard Power Systems (BLDP) Depreciation & Amortization (CF) (2009 - 2026) Analysis & Trends
On a TTM basis, Ballard Power Systems' Depreciation & Amortization (CF) came in at $4.17 million as of Jun 30, 2026, down 36.7% year-over-year; for the year ended Dec 31, 2025, it was $4.13 million, down 65.5% from the prior year.
- Annual Depreciation & Amortization (CF) has declined for three straight years, with a five-year compound annual growth rate of -11.4% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Depreciation & Amortization (CF) came in at $11.97 million in the year ended Dec 31, 2024 (-11.5%), $13.53 million in the year ended Dec 31, 2023 (-1.8%), $13.77 million in the year ended Dec 31, 2022 (+41.2%) and $9.75 million in the year ended Dec 31, 2021 (+29.0%).
- Quarterly Depreciation & Amortization (CF) has ranged from $964,000 in the quarter ended Jun 30, 2025 to $3.98 million in the quarter ended Sep 30, 2022 over the past five years.
- On a year-over-year basis, Depreciation & Amortization (CF) has increased for three consecutive quarters, with an average decline of 33.7% over the last eight quarters.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 85.1% in the quarter ended Dec 31, 2021, against a decline of 75.0% in the quarter ended Jun 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $987,000 (quarter ended Mar 31, 2026), $1.14 million (quarter ended Dec 31, 2025) and $1.04 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 248.15 Bn | 208.07 Bn | 2.36 Bn | 182.00 Mn |
| 2 | Bloom Energy | 68.75 Bn | 60.54 Bn | 355.57 Mn | 13.75 Mn |
| 3 | First Solar | 18.79 Bn | 9.74 Bn | 605.00 Mn | 147.85 Mn |
| 4 | BWX Technologies | 12.38 Bn | 10.68 Bn | 202.31 Mn | 31.36 Mn |
| 5 | Nextpower | 12.31 Bn | 8.20 Bn | 335.85 Mn | 8.77 Mn |
| 6 | Generac Holdings | 11.97 Bn | 10.80 Bn | 521.81 Mn | 58.41 Mn |
| 7 | EnerSys | 6.45 Bn | 4.64 Bn | 313.36 Mn | 30.50 Mn |
| 8 | Enphase Energy | 4.22 Bn | -643.57 Mn | 175.01 Mn | 20.20 Mn |
| 9 | Mirion Technologies | 3.76 Bn | 1.60 Bn | 133.10 Mn | 38.80 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | 1.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00 Mn |
| Mar 31, 2026 | 987,000.00 |
| Dec 31, 2025 | -1.17 Mn |
| Sep 30, 2025 | 1.04 Mn |
| Jun 30, 2025 | 964,000.00 |
| Mar 31, 2025 | 985,000.00 |
| Dec 31, 2024 | -137,000.00 |
| Sep 30, 2024 | 3.54 Mn |
| Jun 30, 2024 | 3.85 Mn |
| Mar 31, 2024 | 3.49 Mn |
| Dec 31, 2023 | -8.54 Mn |
| Sep 30, 2023 | 3.22 Mn |
| Jun 30, 2023 | 3.39 Mn |
| Mar 31, 2023 | 3.27 Mn |
| Dec 31, 2022 | 3.24 Mn |
| Sep 30, 2022 | 3.98 Mn |
| Jun 30, 2022 | 3.44 Mn |
| Mar 31, 2022 | 3.11 Mn |
| Dec 31, 2021 | 3.27 Mn |
| Sep 30, 2021 | 2.17 Mn |
Ballard Power Systems Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=BLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();