Ballard Power Systems (BLDP) Share-based Compensation (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly Share-based Compensation of $16.9 million for Q4 2025, down 49.15% year-over-year from $33.2 million in Q4 2024, and up 1316.81% quarter-over-quarter from -$1.4 million in Q3 2025.
Ballard Power Systems (BLDP) Share-based Compensation (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Share-based Compensation for 17 consecutive years, with $16.9 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Share-based Compensation fell 49.15% year-over-year to $16.9 million; the TTM figure through Dec 2025 stood at $15.1 million (down 56.25% YoY), while the FY2025 annual figure was -$3.9 million, up 47.91% from the prior year.
- Share-based Compensation improved to $16.9 million in Q4 2025 per BLDP's latest filing, from -$1.4 million in the prior quarter.
- Across five years, Share-based Compensation topped out at $33.2 million in Q4 2024 and bottomed at -$2.6 million in Q2 2024.
- Historically, Share-based Compensation has averaged $4.0 million across 5 years, with a median of $2.4 million in 2021.
- Annual changes were most pronounced in 2024 — Share-based Compensation surged 1256.96% — and 2025, when it plunged 235.88%.
- Ballard Power Systems' Share-based Compensation stood at $2.3 million in 2021, then slumped by 36.57% to $1.5 million in 2022, then jumped by 66.15% to $2.4 million in 2023, then soared by 1256.96% to $33.2 million in 2024, then slumped by 49.15% to $16.9 million in 2025.
- Business Quant data shows BLDP's Share-based Compensation at $16.9 million in Q4 2025, -$1.4 million in Q3 2025, and -$2.3 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.60 Bn | 98.49 Bn | 1.23 Bn | 13.80 Mn |
| 2 | Bloom Energy | 59.32 Bn | 56.65 Bn | 355.57 Mn | - |
| 3 | nVent Electric | 25.32 Bn | 25.06 Bn | 558.00 Mn | 6.70 Mn |
| 4 | Hubbell | 25.29 Bn | 24.90 Bn | 613.00 Mn | 7.50 Mn |
| 5 | Advanced Energy Industries | 11.38 Bn | 9.96 Bn | 236.10 Mn | 21.40 Mn |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.97 Bn | 606.40 Mn | 11.10 Mn |
| 7 | Powell Industries | 7.25 Bn | 6.62 Bn | 95.30 Mn | 203,000.00 |
| 8 | EnerSys | 6.97 Bn | 6.44 Bn | 313.36 Mn | 7.78 Mn |
| 9 | Hayward Holdings | 3.19 Bn | 2.71 Bn | 155.05 Mn | 3.97 Mn |
| 10 | Ballard Power Systems | 731.11 Mn | 225.96 Mn | 4.08 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.36 Mn |
| Jun 30, 2026 | 3.36 Mn |
| Dec 31, 2025 | 16.87 Mn |
| Dec 31, 2025 | 16.87 Mn |
| Sep 30, 2025 | -1.39 Mn |
| Sep 30, 2025 | -1.39 Mn |
| Jun 30, 2025 | -2.29 Mn |
| Jun 30, 2025 | -2.29 Mn |
| Mar 31, 2025 | 1.87 Mn |
| Mar 31, 2025 | 1.87 Mn |
| Dec 31, 2024 | 33.16 Mn |
| Dec 31, 2024 | 33.16 Mn |
| Sep 30, 2024 | 1.02 Mn |
| Sep 30, 2024 | 1.02 Mn |
| Jun 30, 2024 | -2.57 Mn |
| Jun 30, 2024 | -2.57 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Mar 31, 2024 | 2.80 Mn |
| Dec 31, 2023 | 2.44 Mn |
| Dec 31, 2023 | 2.44 Mn |