Ballard Power Systems (BLDP) Assets Average (2010 - 2026)
Ballard Power Systems (BLDP) posted quarterly Assets Average of $696.4 million for Q4 2025, down 13.36% year-over-year from $803.9 million in Q4 2024, and down 3.7% quarter-over-quarter from $723.2 million in Q3 2025.
Ballard Power Systems (BLDP) Assets Average (2010 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Assets Average for 16 consecutive years, with $696.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Assets Average fell 13.36% year-over-year to $696.4 million; the TTM figure through Dec 2025 stood at $696.4 million (down 13.36% YoY), while the FY2025 annual figure was $729.8 million, down 21.3% from the prior year.
- Assets Average fell to $696.4 million in Q4 2025 per BLDP's latest filing, from $723.2 million in the prior quarter.
- Across five years, Assets Average topped out at $1.5 billion in Q2 2021 and bottomed at $696.4 million in Q4 2025.
- Historically, Assets Average 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 Average soared 298.0% — and 2025, when it retreated 27.95%.
- Ballard Power Systems' Assets Average stood at $1.4 billion in 2021, then fell by 12.19% to $1.3 billion in 2022, then decreased by 13.02% to $1.1 billion in 2023, then slipped by 27.1% to $803.9 million in 2024, then slipped by 13.36% to $696.4 million in 2025.
- Business Quant data shows BLDP's Assets Average at $696.4 million in Q4 2025, $723.2 million in Q3 2025, and $746.2 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 14.65 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 5.15 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 3.59 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 10.13 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 3.01 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 4.60 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 1.29 Bn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 3.98 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 3.13 Bn |
| 10 | Ballard Power Systems | 716.03 Mn | 210.88 Mn | 4.08 Mn | 663.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 663.14 Mn |
| Dec 31, 2025 | 696.43 Mn |
| Sep 30, 2025 | 723.16 Mn |
| Jun 30, 2025 | 746.23 Mn |
| Mar 31, 2025 | 766.96 Mn |
| Dec 31, 2024 | 803.85 Mn |
| Sep 30, 2024 | 925.75 Mn |
| Jun 30, 2024 | 1.04 Bn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.10 Bn |
| Sep 30, 2023 | 1.15 Bn |
| Jun 30, 2023 | 1.19 Bn |
| Mar 31, 2023 | 1.23 Bn |
| Dec 31, 2022 | 1.27 Bn |
| Sep 30, 2022 | 1.31 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.42 Bn |
| Dec 31, 2021 | 1.44 Bn |
| Sep 30, 2021 | 1.46 Bn |
| Jun 30, 2021 | 1.48 Bn |