Ballard Power Systems (XSWX:BLDP) Total Operating Expense: CHF60.69 Mil (TTM As of Mar. 2026)


XSWX:BLDP Ballard Power Systems Inc XSWX:BLDP
70 GF Score
Price CHF2.96
GF Value CHF2.37
! 3 Warning Signs
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What is Ballard Power Systems Total Operating Expense?

Ballard Power Systems XSWX:BLDP 70 Total Operating Expense is CHF60.69 Mil as of Mar. 2026. GuruFocus rates XSWX:BLDP with a GF Score™ of 70/100 and a GF Value™ of CHF2.37. The stock has 3 warning signs investors should review.

Ballard Power Systems's Total Operating Expense for the three months ended in Mar. 2026 was CHF12.46 Mil. Ballard Power Systems's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was CHF60.69 Mil.

Ballard Power Systems Total Operating Expense Related Terms

Ballard Power Systems Total Operating Expense Historical Data

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The historical data trend for Ballard Power Systems's Total Operating 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 Total Operating Expense Chart

Ballard Power Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.70 119.90 118.82 117.26 67.93

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
Total Operating 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 22.29 20.63 13.72 13.87 12.46
XSWX:BLDP
70GF Score
Ballard Power Systems Inc XSWX:BLDP
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballard Power Systems Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating 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 CHF60.69 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 Total Operating Expense of CHF60.69 Mil mean?
Ballard Power Systems (XSWX:BLDP) has a Total Operating Expense of CHF60.69 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ballard Power Systems and its competitors.
Is Ballard Power Systems' Total Operating Expense too high?
Ballard Power Systems' current Total Operating Expense is CHF60.69 Mil. Overall, Ballard Power Systems has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Ballard Power Systems' Total Operating Expense compare to VRT and BE?
Ballard Power Systems' Total Operating Expense of CHF60.69 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 Total Operating Expense for an Industrial Products company?
A good Total Operating Expense depends on the Industrial Products industry context. However, Total Operating 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Ballard Power Systems and its competitors. Ballard Power Systems's current Total Operating Expense is CHF60.69 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 Total Operating Expense of CHF60.69 Mil. The stock's GF Value™ is CHF2.37, compared to a current price of CHF2.96 — trading 24.9% above its estimated fair value. The current Total Operating Expense is CHF60.69 Mil. Ballard Power Systems' overall GF Score™ is 70/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Ballard Power Systems (XSWX:BLDP), the current Total Operating Expense is CHF60.69 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 CHF2.96 is trading 24.9% above its estimated GF Value™ of CHF2.37.

Key valuation signals for XSWX:BLDP:

  • Total Operating Expense: CHF60.69 Mil
  • GF Value™: CHF2.37 vs. price of CHF2.96 (24.9% above fair value)
  • GF Score™: 70/100 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.
70GF Score

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Total Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF2.96
Price
CHF2.37
GF Value