Ballard Power Systems (BLDP) Interest Expenses (2010 - 2025)

Ballard Power Systems' (BLDP) quarterly Interest Expenses came in at $3.4 million in Q4 2025, down 10.5% year-on-year from $3.8 million in Q4 2024, and up 841.5% on a QoQ basis from -$453000.0 in Q3 2025.

Ballard Power Systems (BLDP) Interest Expenses (2010 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 16 years of Interest Expenses data on file, last reported at $3.4 million in Q4 2025.

  • On a quarterly basis, Interest Expenses fell 10.5% year-over-year to $3.4 million in Q4 2025; TTM through Dec 2025 was $1.9 million, a 11.23% decrease from a year earlier, with the FY2025 full-year figure at $1.9 million, down 11.23% from the prior year.
  • Interest Expenses for Q4 2025 stood at $3.4 million, up from -$453000.0 in the prior quarter.
  • Over the last five years, Interest Expenses for BLDP reached as high as $3.8 million in Q4 2024 and fell as low as -$9.1 million in Q4 2021.
  • Historically, Interest Expenses has averaged -$213400.0 across 5 years, with a median of -$327000.0 in 2021.
  • Across the five-year window, Interest Expenses sank 2716.67% in 2021 and surged 615.33% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at -$9.1 million in 2021, then surged by 103.29% to $300000.0 in 2022, then jumped by 615.33% to $2.1 million in 2023, then soared by 74.88% to $3.8 million in 2024, then retreated by 10.5% to $3.4 million in 2025.
  • Per Business Quant data, the three most recent Interest Expenses figures were $3.4 million in Q4 2025, -$453000.0 in Q3 2025, and -$495000.0 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 227,000.00
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 42.80 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 638.56 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 97.70 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 107.80 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 7.80 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 6.64 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -7.72 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn 3.36 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 3.36 Mn
Dec 31, 2025 3.36 Mn
Sep 30, 2025 -453,000.00
Sep 30, 2025 -453,000.00
Jun 30, 2025 -495,000.00
Jun 30, 2025 -495,000.00
Mar 31, 2025 -506,000.00
Mar 31, 2025 -506,000.00
Dec 31, 2024 3.75 Mn
Dec 31, 2024 3.75 Mn
Sep 30, 2024 -586,000.00
Sep 30, 2024 -586,000.00
Jun 30, 2024 -590,000.00
Jun 30, 2024 -590,000.00
Mar 31, 2024 -431,000.00
Mar 31, 2024 -431,000.00
Dec 31, 2023 2.15 Mn
Dec 31, 2023 2.15 Mn
Sep 30, 2023 -290,000.00
Sep 30, 2023 -290,000.00