Ballard Power Systems (BLDP) Assets (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly Assets of $682.4 million for Q4 2025, down 12.21% year-over-year from $777.3 million in Q4 2024, and down 3.95% quarter-over-quarter from $710.5 million in Q3 2025.
Ballard Power Systems (BLDP) Assets (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Assets for 17 consecutive years, with $682.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Assets fell 12.21% year-over-year to $682.4 million; the TTM figure through Dec 2025 stood at $682.4 million (down 12.21% YoY), while the FY2025 annual figure was $682.4 million, down 12.21% from the prior year.
- Assets retreated to $682.4 million in Q4 2025 per BLDP's latest filing, from $710.5 million in the prior quarter.
- Across five years, Assets topped out at $1.5 billion in Q1 2021 and bottomed at $682.4 million in Q4 2025.
- Historically, Assets has averaged $1.1 billion across 5 years, with a median of $1.2 billion in 2023.
- Annual changes were most pronounced in 2021 — Assets soared 300.76% — and 2025, when it slipped 27.97%.
- Ballard Power Systems' Assets stood at $1.4 billion in 2021, then declined by 13.45% to $1.2 billion in 2022, then retreated by 13.59% to $1.1 billion in 2023, then retreated by 27.86% to $777.3 million in 2024, then slipped by 12.21% to $682.4 million in 2025.
- Business Quant data shows BLDP's Assets at $682.4 million in Q4 2025, $710.5 million in Q3 2025, and $735.9 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.52 Bn | 97.40 Bn | 1.23 Bn | 15.90 Bn |
| 2 | Bloom Energy | 57.40 Bn | 54.73 Bn | 355.57 Mn | 5.63 Bn |
| 3 | Hubbell | 24.92 Bn | 24.52 Bn | 613.00 Mn | 11.85 Bn |
| 4 | nVent Electric | 24.84 Bn | 24.59 Bn | 558.00 Mn | 7.15 Bn |
| 5 | Advanced Energy Industries | 11.15 Bn | 9.73 Bn | 236.10 Mn | 3.43 Bn |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn | 4.64 Bn |
| 7 | Powell Industries | 7.30 Bn | 6.67 Bn | 95.30 Mn | 1.41 Bn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 3.96 Bn |
| 9 | Plug Power | 3.24 Bn | 2.93 Bn | -1.68 Mn | 2.19 Bn |
| 10 | Ballard Power Systems | 730.56 Mn | 225.41 Mn | 4.08 Mn | 643.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 643.90 Mn |
| Dec 31, 2025 | 682.39 Mn |
| Sep 30, 2025 | 710.46 Mn |
| Jun 30, 2025 | 735.86 Mn |
| Mar 31, 2025 | 756.61 Mn |
| Dec 31, 2024 | 777.31 Mn |
| Sep 30, 2024 | 830.40 Mn |
| Jun 30, 2024 | 1.02 Bn |
| Mar 31, 2024 | 1.05 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.13 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.21 Bn |
| Dec 31, 2022 | 1.25 Bn |
| Sep 30, 2022 | 1.29 Bn |
| Jun 30, 2022 | 1.33 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.44 Bn |
| Sep 30, 2021 | 1.45 Bn |
| Jun 30, 2021 | 1.47 Bn |