Ballard Power Systems (BLDP) Liabilities and Shareholders Equity (2009 - 2025)
Ballard Power Systems' (BLDP) quarterly Liabilities and Shareholders Equity came in at $682.4 million in Q4 2025, down 12.21% year-on-year from $777.3 million in Q4 2024, and down 3.95% on a QoQ basis 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.
- On a quarterly basis, Liabilities and Shareholders Equity fell 12.21% year-over-year to $682.4 million in Q4 2025; TTM through Dec 2025 was $2.9 billion, a 21.58% decrease from a year earlier, with the FY2025 full-year figure at $682.4 million, down 12.21% from the prior year.
- Liabilities and Shareholders Equity for Q4 2025 stood at $682.4 million, down from $710.5 million in the prior quarter.
- Over the last five years, Liabilities and Shareholders Equity for BLDP reached as high as $1.5 billion in Q1 2021 and fell as low as $682.4 million in Q4 2025.
- Historically, Liabilities and Shareholders Equity has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2023.
- Across the five-year window, Liabilities and Shareholders Equity jumped 300.76% in 2021 and retreated 27.97% in 2025, its largest moves.
- Year by year, Liabilities and Shareholders Equity stood at $1.4 billion in 2021, then retreated by 13.45% to $1.2 billion in 2022, then slipped by 13.59% to $1.1 billion in 2023, then slipped by 27.86% to $777.3 million in 2024, then declined by 12.21% to $682.4 million in 2025.
- Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $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 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 106.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 13.40 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 4.66 Bn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 8.42 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 6.96 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 2.59 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 4.64 Bn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 1.18 Bn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 4.00 Bn |
| 10 | Ballard Power Systems | 895.53 Mn | 364.27 Mn | 5.64 Mn | 682.39 Mn |
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 |