Ballard Power Systems (BLDP) Property, Plant & Equipment (Net) (2009 - 2026)
Ballard Power Systems' Property, Plant & Equipment (Net) came in at $31.59 million for the quarter ended Jun 30, 2026, up 9.3% from $28.9 million a year earlier and up 0.2% from the prior quarter.
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Analysis
Ballard Power Systems (BLDP) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Ballard Power Systems' Property, Plant & Equipment (Net) was $32.2 million, up 5.8% from the prior year.
- Property, Plant & Equipment (Net) carries a five-year compound annual growth rate of -8.2% (years ended Dec 2020 to Dec 2025).
- Going back by year, Property, Plant & Equipment (Net) was $30.42 million in the year ended Dec 31, 2024 (-73.8%), $116.33 million in the year ended Dec 31, 2023 (+41.2%), $82.36 million in the year ended Dec 31, 2022 (+46.9%) and $56.06 million in the year ended Dec 31, 2021 (+13.6%).
- The five-year range for quarterly Property, Plant & Equipment (Net) is $28.9 million (the quarter ended Jun 30, 2025) to $135.97 million (the quarter ended Jun 30, 2024).
- Year-over-year, Property, Plant & Equipment (Net) has increased for three consecutive quarters, with an average decline of 35.8% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in the quarter ended Sep 30, 2023 (growth of 63.0%), and the weakest in the quarter ended Jun 30, 2025 (a decline of 78.7%).
- Business Quant data shows BLDP's Property, Plant & Equipment (Net) at $31.52 million (quarter ended Mar 31, 2026), $32.2 million (quarter ended Dec 31, 2025) and $30.29 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 7.35 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 443.39 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 5.64 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 1.60 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 89.18 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 862.58 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 572.41 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 136.45 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 155.10 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | 31.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.59 Mn |
| Mar 31, 2026 | 31.52 Mn |
| Dec 31, 2025 | 32.20 Mn |
| Sep 30, 2025 | 30.29 Mn |
| Jun 30, 2025 | 28.90 Mn |
| Mar 31, 2025 | 29.56 Mn |
| Dec 31, 2024 | 30.42 Mn |
| Sep 30, 2024 | 32.36 Mn |
| Jun 30, 2024 | 135.97 Mn |
| Mar 31, 2024 | 132.79 Mn |
| Dec 31, 2023 | 116.33 Mn |
| Sep 30, 2023 | 113.02 Mn |
| Jun 30, 2023 | 103.48 Mn |
| Mar 31, 2023 | 91.20 Mn |
| Dec 31, 2022 | 82.36 Mn |
| Sep 30, 2022 | 69.33 Mn |
| Jun 30, 2022 | 65.85 Mn |
| Mar 31, 2022 | 57.58 Mn |
| Dec 31, 2021 | 56.06 Mn |
| Sep 30, 2021 | 52.93 Mn |
API Access
Ballard Power Systems Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();