Ballard Power Systems (BLDP) Intangibles (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly Intangibles of $248000.0 for Q4 2025, down 85.89% year-over-year from $1.8 million in Q4 2024, and down 83.98% quarter-over-quarter from $1.5 million in Q3 2025.
Ballard Power Systems (BLDP) Intangibles (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Intangibles for 17 consecutive years, with $248000.0 the latest figure, recorded in Q4 2025.
- In Q4 2025, Intangibles fell 85.89% year-over-year to $248000.0; the TTM figure through Dec 2025 stood at $248000.0 (down 85.89% YoY), while the FY2025 annual figure was $248000.0, down 85.89% from the prior year.
- Intangibles slipped to $248000.0 in Q4 2025 per BLDP's latest filing, from $1.5 million in the prior quarter.
- Across five years, Intangibles topped out at $20.8 million in Q4 2021 and bottomed at $248000.0 in Q4 2025.
- Historically, Intangibles has averaged $6.0 million across 5 years, with a median of $2.9 million in 2021.
- Annual changes were most pronounced in 2022 — Intangibles jumped 469.95% — and 2023, when it sank 90.79%.
- Ballard Power Systems' Intangibles stood at $20.8 million in 2021, then sank by 74.92% to $5.2 million in 2022, then slumped by 73.03% to $1.4 million in 2023, then increased by 24.96% to $1.8 million in 2024, then slumped by 85.89% to $248000.0 in 2025.
- Business Quant data shows BLDP's Intangibles at $248000.0 in Q4 2025, $1.5 million in Q3 2025, and $1.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 1.80 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | - |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 3.19 Bn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 1.79 Bn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 298.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 1.03 Bn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 5.40 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 334.24 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 27.29 Mn |
| 10 | Ballard Power Systems | 725.08 Mn | 219.93 Mn | 4.08 Mn | 33,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33,000.00 |
| 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 |
| Jun 30, 2021 | 3.84 Mn |