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
DateValue
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