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| Date | Value |
|---|---|
| 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 |