Ballard Power Systems (BLDP) Total Liabilities (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly 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 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Total Liabilities for 17 consecutive years, with $92.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Total Liabilities fell 11.37% year-over-year to $92.5 million; the TTM figure through Dec 2025 stood at $92.5 million (down 11.37% YoY), while the FY2025 annual figure was $92.5 million, down 11.37% from the prior year.
- Total Liabilities retreated to $92.5 million in Q4 2025 per BLDP's latest filing, from $103.6 million in the prior quarter.
- Across five years, Total Liabilities topped out at $112.7 million in Q4 2021 and bottomed at $74.4 million in Q1 2021.
- Historically, Total Liabilities has averaged $94.8 million across 5 years, with a median of $98.9 million in 2024.
- Annual changes were most pronounced in 2021 — Total Liabilities jumped 50.88% — and 2022, when it slipped 21.79%.
- Ballard Power Systems' Total Liabilities stood at $112.7 million in 2021, then retreated by 21.79% to $88.2 million in 2022, then retreated by 2.09% to $86.3 million in 2023, then advanced by 20.84% to $104.3 million in 2024, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 11.14 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 3.99 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 3.16 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 7.92 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 1.95 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.78 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 650.51 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 1.98 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 1.52 Bn |
| 10 | Ballard Power Systems | 716.03 Mn | 210.88 Mn | 4.08 Mn | 84.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 84.16 Mn |
| 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 |