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Ballard Power Systems (BLDP) Operating Expenses (2016 - 2025)

Ballard Power Systems has reported Operating Expenses over the past 17 years, most recently at $16.9 million for Q4 2025.

  • Quarterly Operating Expenses fell 49.01% to $16.9 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $109.0 million through Dec 2025, down 32.45% year-over-year, with the annual reading at $108.9 million for FY2025, 32.49% down from the prior year.
  • Operating Expenses was $16.9 million for Q4 2025 at Ballard Power Systems, down from $34.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $161.3 million in Q4 2023 and troughed at $16.9 million in Q4 2025.
  • The 5-year median for Operating Expenses is $33.9 million (2023), against an average of $38.7 million.
  • Year-over-year, Operating Expenses soared 593.61% in 2023 and then crashed 79.45% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $32.3 million in 2021, then fell by 28.02% to $23.3 million in 2022, then soared by 593.61% to $161.3 million in 2023, then crashed by 79.45% to $33.1 million in 2024, then tumbled by 49.01% to $16.9 million in 2025.
  • Per Business Quant, the three most recent readings for BLDP's Operating Expenses are $16.9 million (Q4 2025), $34.9 million (Q3 2025), and $31.7 million (Q2 2025).