Ballard Power Systems (BLDP) Intangibles (2009 - 2026)
Ballard Power Systems (BLDP) recorded Intangibles of $33,000 in the quarter ended Jun 30, 2026, down 98.1% from $1.77 million a year earlier and down 78.1% from the prior quarter.
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Analysis
Ballard Power Systems (BLDP) Intangibles (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Ballard Power Systems reported Intangibles of $248,000, down 85.9% from the prior year.
- Annual Intangibles has a five-year compound annual growth rate of -42.0% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Intangibles came in at $1.76 million in the year ended Dec 31, 2024 (+25.0%), $1.41 million in the year ended Dec 31, 2023 (-73.0%), $5.21 million in the year ended Dec 31, 2022 (-74.9%) and $20.79 million in the year ended Dec 31, 2021 (+452.3%).
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Intangibles in data going back to the quarter ended Mar 31, 2009.
- On a year-over-year basis, Intangibles has declined for five consecutive quarters, with an average decline of 26.9% over the last eight quarters.
- Peak year-over-year performance for Intangibles in the last five years was growth of 470.0% in the quarter ended Mar 31, 2022, against a decline of 98.1% in the quarter ended Jun 30, 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $151,000 (quarter ended Mar 31, 2026), $248,000 (quarter ended Dec 31, 2025) and $1.55 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 240.95 Bn | 200.87 Bn | 2.36 Bn | 4.51 Bn |
| 2 | Bloom Energy | 64.10 Bn | 55.90 Bn | 355.57 Mn | - |
| 3 | First Solar | 18.92 Bn | 9.87 Bn | 605.00 Mn | 63.37 Mn |
| 4 | BWX Technologies | 12.40 Bn | 10.70 Bn | 202.31 Mn | 311.77 Mn |
| 5 | Nextpower | 11.97 Bn | 7.86 Bn | 335.85 Mn | 80.64 Mn |
| 6 | Generac Holdings | 11.52 Bn | 10.35 Bn | 521.81 Mn | 221.11 Mn |
| 7 | EnerSys | 6.23 Bn | 4.42 Bn | 313.36 Mn | 334.24 Mn |
| 8 | Enphase Energy | 4.20 Bn | -655.45 Mn | 175.01 Mn | 13.08 Mn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 545.50 Mn |
| 10 | Ballard Power Systems | 459.00 Mn | -1.63 Bn | 4.08 Mn | 33,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33,000.00 |
| Mar 31, 2026 | 151,000.00 |
| Dec 31, 2025 | 248,000.00 |
| Sep 30, 2025 | 1.55 Mn |
| Jun 30, 2025 | 1.77 Mn |
| Mar 31, 2025 | 1.87 Mn |
| Dec 31, 2024 | 1.76 Mn |
| Sep 30, 2024 | 2.19 Mn |
| Jun 30, 2024 | 1.78 Mn |
| Mar 31, 2024 | 1.33 Mn |
| Dec 31, 2023 | 1.41 Mn |
| Sep 30, 2023 | 1.74 Mn |
| Jun 30, 2023 | 4.39 Mn |
| Mar 31, 2023 | 4.80 Mn |
| Dec 31, 2022 | 5.21 Mn |
| Sep 30, 2022 | 18.92 Mn |
| Jun 30, 2022 | 19.63 Mn |
| Mar 31, 2022 | 20.24 Mn |
| Dec 31, 2021 | 20.79 Mn |
| Sep 30, 2021 | 3.86 Mn |
API Access
Ballard Power Systems Intangibles 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=intangibles&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();