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
DateValue
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