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Ballard Power Systems (Ballard Power Systems) Research & Development : $97.9 Mil (TTM As of Mar. 2024)


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What is Ballard Power Systems Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ballard Power Systems's Research & Development for the three months ended in Mar. 2024 was $25.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $97.9 Mil.

Ballard Power Systems Research & Development Historical Data

The historical data trend for Ballard Power Systems's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ballard Power Systems Research & Development Chart

Ballard Power Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.26 35.52 62.16 89.72 98.31

Ballard Power Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.68 27.23 25.04 20.33 25.31

Ballard Power Systems Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $97.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ballard Power Systems  (NAS:BLDP) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Ballard Power Systems Research & Development Related Terms

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Ballard Power Systems (Ballard Power Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ballard Power Systems Inc (NAS:BLDP) » Definitions » Research & Development
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Traded in Other Exchanges
0QY5:UK PO0:Germany BLDP:Canada
Address
9000 Glenlyon Parkway, Burnaby, BC, CAN, V5J 5J8
Website
https://www.ballard.com
Ballard Power Systems is a world leader in proton-exchange membrane fuel cells, power system development, and commercialization. The company's principal business is the design, development, manufacture, sale, and service of PEM fuel cell products for a variety of applications, focusing on power product markets of heavy-duty motive (bus, truck, rail, and marine applications), material handling, and stationary power generation. Sales are concentrated in the U.S., Europe, and China.