Ballard Power Systems (BLDP) Income from Non-Controlling Interests (2010 - 2025)

Ballard Power Systems' (BLDP) quarterly Income from Non-Controlling Interests came in at -$27.3 million in Q3 2025, up 86.62% year-on-year from -$14.6 million in Q3 2024, and down 20.69% on a QoQ basis from -$22.6 million in Q2 2025.

Ballard Power Systems (BLDP) Income from Non-Controlling Interests (2010 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 14 years of Income from Non-Controlling Interests data on file, last reported at -$27.3 million in Q3 2025.

  • On a quarterly basis, Income from Non-Controlling Interests rose 86.62% year-over-year to -$27.3 million in Q3 2025; TTM through Sep 2025 was -$274.0 million, a 19.47% increase from a year earlier, with the FY2014 full-year figure at $98.0, up 25.64% from the prior year.
  • Income from Non-Controlling Interests for Q3 2025 stood at -$27.3 million, down from -$22.6 million in the prior quarter.
  • Over the last five years, Income from Non-Controlling Interests for BLDP reached as high as -$18.0 million in Q1 2021 and fell as low as -$203.6 million in Q3 2024.
  • Historically, Income from Non-Controlling Interests has averaged -$46.0 million across 5 years, with a median of -$32.5 million in 2023.
  • Across the five-year window, Income from Non-Controlling Interests plunged 225.09% in 2024 and surged 86.62% in 2025, its largest moves.
  • Year by year, Income from Non-Controlling Interests stood at -$30.9 million in 2021, then slumped by 47.44% to -$45.6 million in 2022, then slumped by 37.35% to -$62.6 million in 2023, then plunged by 225.09% to -$203.6 million in 2024, then jumped by 86.62% to -$27.3 million in 2025.
  • Per Business Quant data, the three most recent Income from Non-Controlling Interests figures were -$27.3 million in Q3 2025, -$22.6 million in Q2 2025, and -$20.5 million in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inc. Minority (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn -
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 3.04 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 1.20 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn -
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn -
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn -
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn -

Historic Data

Download Data
DateValue
Sep 30, 2025 -27.25 Mn
Jun 30, 2025 -22.58 Mn
Mar 31, 2025 -20.51 Mn
Sep 30, 2024 -203.63 Mn
Jun 30, 2024 -31.74 Mn
Mar 31, 2024 -42.19 Mn
Sep 30, 2023 -62.64 Mn
Jun 30, 2023 -32.46 Mn
Mar 31, 2023 -33.78 Mn
Sep 30, 2022 -45.61 Mn
Jun 30, 2022 -57.35 Mn
Mar 31, 2022 -40.52 Mn
Sep 30, 2021 -30.93 Mn
Jun 30, 2021 -21.36 Mn
Mar 31, 2021 -18.00 Mn
Sep 30, 2020 -10.54 Mn
Jun 30, 2020 -11.37 Mn
Mar 31, 2020 -14.34 Mn
Sep 30, 2019 -9.87 Mn
Jun 30, 2019 -6.95 Mn