Ballard Power Systems (BLDP) Other Operating Expenses (2009 - 2025)

Ballard Power Systems (BLDP) reported Other Operating Expenses of $6.0 million for Q4 2025, down 57.44% year-over-year from $14.0 million in Q4 2024, and down 68.98% quarter-over-quarter from $19.2 million in Q3 2025.

Ballard Power Systems (BLDP) Other Operating Expenses (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Other Operating Expenses data on file, last reported at $6.0 million in Q4 2025.

  • Other Operating Expenses for Q4 2025 came in at $6.0 million, down 57.44% year-over-year; the trailing twelve-month figure through Dec 2025 was $36.6 million (down 27.16% YoY), and the FY2025 annual result was $50.2 million, down 25.78% from the prior year.
  • Other Operating Expenses retreated to $6.0 million in Q4 2025 per BLDP's latest filing, from $19.2 million in the prior quarter.
  • Over five years, Other Operating Expenses peaked at $136.1 million in Q4 2023 and troughed at $2.5 million in Q4 2022.
  • A 5-year average of $13.3 million and a median of $4.6 million in 2023 frame the typical range for Other Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Other Operating Expenses soared 5428.97% in 2023, then sank 89.7% in 2024.
  • A 5-year view of Other Operating Expenses shows it stood at $3.4 million in 2021, then slipped by 28.4% to $2.5 million in 2022, then soared by 5428.97% to $136.1 million in 2023, then slumped by 89.7% to $14.0 million in 2024, then plunged by 57.44% to $6.0 million in 2025.
  • Business Quant data shows BLDP's Other Operating Expenses at $6.0 million in Q4 2025, $19.2 million in Q3 2025, and $8.7 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 395.03 Bn 394.98 Bn -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 5.96 Mn
Sep 30, 2025 19.22 Mn
Jun 30, 2025 8.74 Mn
Mar 31, 2025 2.68 Mn
Dec 31, 2024 14.01 Mn
Sep 30, 2024 26.84 Mn
Jun 30, 2024 4.52 Mn
Mar 31, 2024 4.88 Mn
Dec 31, 2023 136.07 Mn
Sep 30, 2023 6.09 Mn
Jun 30, 2023 6.35 Mn
Mar 31, 2023 4.64 Mn
Dec 31, 2022 2.46 Mn
Sep 30, 2022 3.74 Mn
Jun 30, 2022 3.23 Mn
Mar 31, 2022 2.84 Mn
Dec 31, 2021 3.44 Mn
Sep 30, 2021 3.57 Mn
Jun 30, 2021 3.26 Mn
Mar 31, 2021 2.73 Mn