Ballard Power Systems (XSWX:BLDP) Selling, General, & Admin. Expense: CHF20.65 Mil (TTM As of Mar. 2026)


XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
74 GF Score
Price CHF2.88
GF Value CHF2.44
! 3 Warning Signs
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What is Ballard Power Systems Selling, General, & Admin. Expense?

Ballard Power Systems XSWX:BLDP -1.77% 74 Selling, General, & Admin. Expense is CHF20.65 Mil as of Mar. 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 74/100 and a GF Value™ of CHF2.44. The stock has 3 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Ballard Power Systems's selling, general, & admin. expense for the three months ended in Mar. 2026 was CHF5.10 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF20.65 Mil.


Ballard Power Systems  (XSWX:BLDP) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Ballard Power Systems Selling, General, & Admin. Expense Related Terms


Ballard Power Systems Selling, General, & Admin. Expense Historical Data

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The historical data trend for Ballard Power Systems's Selling, General, & Admin. Expense 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.

Ballard Power Systems Selling, General, & Admin. Expense Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.66 36.23 33.71 33.01 21.12

Ballard Power Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense 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 6.29 5.84 4.55 5.16 5.10

XSWX:BLDP vs VRT, BE: Selling, General, & Admin. Expense Comparison

For the Electrical Equipment & Parts subindustry, Ballard Power Systems's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ballard Power Systems Selling, General, & Admin. Expense vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ballard Power Systems's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Ballard Power Systems's Selling, General, & Admin. Expense falls into.


XSWX:BLDP
74GF Score
Ballard Power Systems Inc XSWX:BLDP
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF20.65 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.

What does a Selling, General, & Admin. Expense of CHF20.65 Mil mean?
Ballard Power Systems (XSWX:BLDP) has a Selling, General, & Admin. Expense of CHF20.65 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Selling, General, & Admin. Expense too high?
Ballard Power Systems' current Selling, General, & Admin. Expense is CHF20.65 Mil. Overall, Ballard Power Systems has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Selling, General, & Admin. Expense compare to VRT and BE?
Ballard Power Systems' Selling, General, & Admin. Expense of CHF20.65 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Industrial Products company?
A good Selling, General, & Admin. Expense depends on the Industrial Products industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Selling, General, & Admin. Expense is CHF20.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballard Power Systems stock overvalued right now?
Ballard Power Systems (XSWX:BLDP) has a current Selling, General, & Admin. Expense of CHF20.65 Mil. The stock's GF Value™ is CHF2.44, compared to a current price of CHF2.88 — trading 18.1% above its estimated fair value. The current Selling, General, & Admin. Expense is CHF20.65 Mil. Ballard Power Systems' overall GF Score™ is 74/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Selling, General, & Admin. Expense is CHF20.65 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ballard Power Systems (XSWX:BLDP) Overvalued in 2026?

Based on GuruFocus' analysis, Ballard Power Systems stock appears to be overvalued. The current stock price of CHF2.88 is trading 18.1% above its estimated GF Value™ of CHF2.44.

Key valuation signals for XSWX:BLDP:

  • Selling, General, & Admin. Expense: CHF20.65 Mil
  • GF Value™: CHF2.44 vs. price of CHF2.88 (18.1% above fair value)
  • GF Score™: 74/100 with 3 warning signs

No single metric tells the full story. See the XSWX:BLDP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ballard Power Systems Business Description

Address 9000 Glenlyon Parkway, Legal Department, Burnaby, BC, CAN, V5J 5J8
Ballard Power Systems Inc is engaged in design, development, manufacture, sale and service of proton exchange membrane ("PEM") fuel cell products for a variety of applications, focusing on power products for bus, truck, rail, marine, stationary and emerging market (material handling, off-road and other) applications, as well as the delivery of services, including technology solutions, after sales services and training. A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Key geographical revenue is derived from United States followed by Poland, Canada, and other countries.
74GF Score

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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF2.88
Price
CHF2.44
GF Value