Ballard Power Systems (BLDP) Total Liabilities (2009 - 2025)
Ballard Power Systems (BLDP) reported Total Liabilities of $92.5 million for Q4 2025, down 11.37% year-over-year from $104.3 million in Q4 2024, and down 10.79% quarter-over-quarter from $103.6 million in Q3 2025.
Ballard Power Systems (BLDP) Total Liabilities (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Total Liabilities data on file, last reported at $92.5 million in Q4 2025.
- Total Liabilities for Q4 2025 came in at $92.5 million, down 11.37% year-over-year; the trailing twelve-month figure through Dec 2025 was $92.5 million (down 11.37% YoY), and the FY2025 annual result was $92.5 million, down 11.37% from the prior year.
- Total Liabilities eased to $92.5 million in Q4 2025 per BLDP's latest filing, from $103.6 million in the prior quarter.
- Over five years, Total Liabilities peaked at $112.7 million in Q4 2021 and troughed at $74.4 million in Q1 2021.
- A 5-year average of $94.8 million and a median of $98.9 million in 2024 frame the typical range for Total Liabilities.
- The sharpest annual moves came in 2021 and 2022: Total Liabilities jumped 50.88% in 2021, then slipped 21.79% in 2022.
- A 5-year view of Total Liabilities shows it stood at $112.7 million in 2021, then fell by 21.79% to $88.2 million in 2022, then fell by 2.09% to $86.3 million in 2023, then gained by 20.84% to $104.3 million in 2024, then retreated by 11.37% to $92.5 million in 2025.
- Business Quant data shows BLDP's Total Liabilities at $92.5 million in Q4 2025, $103.6 million in Q3 2025, and $99.9 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 121.25 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 9.16 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 3.72 Bn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 3.17 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 4.64 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 1.19 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 92.46 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 470.97 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 1.72 Bn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 2.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 92.46 Mn |
| Sep 30, 2025 | 103.64 Mn |
| Jun 30, 2025 | 99.91 Mn |
| Mar 31, 2025 | 102.79 Mn |
| Dec 31, 2024 | 104.32 Mn |
| Sep 30, 2024 | 110.89 Mn |
| Jun 30, 2024 | 98.96 Mn |
| Mar 31, 2024 | 98.79 Mn |
| Dec 31, 2023 | 86.33 Mn |
| Sep 30, 2023 | 89.29 Mn |
| Jun 30, 2023 | 81.02 Mn |
| Mar 31, 2023 | 82.98 Mn |
| Dec 31, 2022 | 88.17 Mn |
| Sep 30, 2022 | 99.28 Mn |
| Jun 30, 2022 | 101.16 Mn |
| Mar 31, 2022 | 104.48 Mn |
| Dec 31, 2021 | 112.73 Mn |
| Sep 30, 2021 | 84.73 Mn |
| Jun 30, 2021 | 79.22 Mn |
| Mar 31, 2021 | 74.42 Mn |