Ballard Power Systems (BLDP) Interest Expenses (2010 - 2026)
Ballard Power Systems (BLDP) posted quarterly Interest Expenses of $3.4 million for Q4 2025, down 10.5% year-over-year from $3.8 million in Q4 2024, and up 841.5% quarter-over-quarter from -$453000.0 in Q3 2025.
Ballard Power Systems (BLDP) Interest Expenses (2010 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Interest Expenses for 16 consecutive years, with $3.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Interest Expenses fell 10.5% year-over-year to $3.4 million; the TTM figure through Dec 2025 stood at $1.9 million (down 11.23% YoY), while the FY2025 annual figure was $1.9 million, down 11.23% from the prior year.
- Interest Expenses climbed to $3.4 million in Q4 2025 per BLDP's latest filing, from -$453000.0 in the prior quarter.
- Across five years, Interest Expenses topped out at $3.8 million in Q4 2024 and bottomed at -$590000.0 in Q2 2024.
- Historically, Interest Expenses has averaged $323950.0 across 5 years, with a median of -$286500.0 in 2023.
- Annual changes were most pronounced in 2023 — Interest Expenses jumped 615.33% — and 2024, when it plunged 325.19%.
- Ballard Power Systems' Interest Expenses stood at -$313000.0 in 2021, then surged by 195.85% to $300000.0 in 2022, then surged by 615.33% to $2.1 million in 2023, then jumped by 74.88% to $3.8 million in 2024, then declined by 10.5% to $3.4 million in 2025.
- Business Quant data shows BLDP's Interest Expenses at $3.4 million in Q4 2025, -$453000.0 in Q3 2025, and -$495000.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 17.40 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 8.91 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 3.30 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 10.60 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | - |
| 10 | Ballard Power Systems | 716.03 Mn | 210.88 Mn | 4.08 Mn | -421,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -421,000.00 |
| Jun 30, 2026 | -421,000.00 |
| 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 |