Ballard Power Systems (BLDP) Total Liabilities (2009 - 2026)
Ballard Power Systems' Total Liabilities was $84.16 million in the quarter ended Jun 30, 2026, down 15.8% from $99.91 million a year earlier and down 1.2% from the prior quarter.
Ballard Power Systems (BLDP) Total Liabilities (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Total Liabilities at Ballard Power Systems came in at $92.46 million, down 11.4% from the prior year.
- Total Liabilities shows a five-year compound annual growth rate of 4.4% (years ended Dec 2020 to Dec 2025).
- In earlier years, Total Liabilities was $104.32 million in the year ended Dec 31, 2024 (+20.8%), $86.33 million in the year ended Dec 31, 2023 (-2.1%), $88.17 million in the year ended Dec 31, 2022 (-21.8%) and $112.73 million in the year ended Dec 31, 2021 (+50.9%).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Total Liabilities since the quarter ended Jun 30, 2023.
- Compared with a year earlier, Total Liabilities has declined for four straight quarters, with an average decline of 0.1% over the last eight quarters.
- The best year-over-year quarter for Total Liabilities over five years was the quarter ended Dec 31, 2021 (growth of 50.9%); the worst was the quarter ended Dec 31, 2022 (a decline of 21.8%).
- Per Business Quant data, BLDP's Total Liabilities in the three quarters before the quarter ended Jun 30, 2026 was $85.15 million (quarter ended Mar 31, 2026), $92.46 million (quarter ended Dec 31, 2025) and $103.64 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 67.69 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 3.99 Bn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 3.07 Bn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 3.09 Bn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 1.71 Bn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 2.89 Bn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 1.98 Bn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 1.74 Bn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 1.65 Bn |
| 10 | Ballard Power Systems | 454.74 Mn | -1.63 Bn | 4.08 Mn | 84.16 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 84.16 Mn |
| Mar 31, 2026 | 85.15 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 |
Ballard Power Systems Total Liabilities 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=total-liabilities&ticker=BLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();