Ballard Power Systems (BLDP) Liabilities and Shareholders Equity (2009 - 2025)
Ballard Power Systems (BLDP) reported Liabilities and Shareholders Equity of $682.4 million for Q4 2025, down 12.21% year-over-year from $777.3 million in Q4 2024, and down 3.95% quarter-over-quarter from $710.5 million in Q3 2025.
Ballard Power Systems (BLDP) Liabilities and Shareholders Equity (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Liabilities and Shareholders Equity data on file, last reported at $682.4 million in Q4 2025.
- Liabilities and Shareholders Equity for Q4 2025 came in at $682.4 million, down 12.21% year-over-year; the trailing twelve-month figure through Dec 2025 was $2.9 billion (down 21.58% YoY), and the FY2025 annual result was $682.4 million, down 12.21% from the prior year.
- Liabilities and Shareholders Equity eased to $682.4 million in Q4 2025 per BLDP's latest filing, from $710.5 million in the prior quarter.
- Over five years, Liabilities and Shareholders Equity peaked at $1.5 billion in Q1 2021 and troughed at $682.4 million in Q4 2025.
- A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Liabilities and Shareholders Equity.
- The sharpest annual moves came in 2021 and 2025: Liabilities and Shareholders Equity soared 300.76% in 2021, then slipped 27.97% in 2025.
- A 5-year view of Liabilities and Shareholders Equity shows it stood at $1.4 billion in 2021, then dropped by 13.45% to $1.2 billion in 2022, then fell by 13.59% to $1.1 billion in 2023, then fell by 27.86% to $777.3 million in 2024, then decreased by 12.21% to $682.4 million in 2025.
- Business Quant data shows BLDP's Liabilities and Shareholders Equity at $682.4 million in Q4 2025, $710.5 million in Q3 2025, and $735.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 282.92 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 13.40 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 4.66 Bn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 6.96 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 8.42 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 2.59 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 682.39 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 1.18 Bn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 4.56 Bn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 4.00 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 682.39 Mn |
| Sep 30, 2025 | 710.46 Mn |
| Jun 30, 2025 | 735.86 Mn |
| Mar 31, 2025 | 756.61 Mn |
| Dec 31, 2024 | 777.31 Mn |
| Sep 30, 2024 | 830.40 Mn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.21 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.29 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.44 Bn |
| Sep 30, 2021 | 1.45 Bn |
| Jun 30, 2021 | 1.47 Bn |
| Mar 31, 2021 | 1.48 Bn |