Ballard Power Systems (BLDP) Assets Average (2009 - 2025)
Ballard Power Systems (BLDP) reported 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 (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Assets Average data on file, last reported at $696.4 million in Q4 2025.
- Assets Average for Q4 2025 came in at $696.4 million, down 13.36% year-over-year; the trailing twelve-month figure through Dec 2025 was $696.4 million (down 13.36% YoY), and the FY2025 annual result was $729.8 million, down 21.3% from the prior year.
- Assets Average slipped to $696.4 million in Q4 2025 per BLDP's latest filing, from $723.2 million in the prior quarter.
- Over five years, Assets Average peaked at $1.5 billion in Q2 2021 and troughed at $696.4 million in Q4 2025.
- A 5-year average of $1.1 billion and a median of $1.2 billion in 2023 frame the typical range for Assets Average.
- The sharpest annual moves came in 2021 and 2025: Assets Average soared 298.0% in 2021, then retreated 27.95% in 2025.
- A 5-year view of Assets Average shows it stood at $1.4 billion in 2021, then declined by 12.19% to $1.3 billion in 2022, then retreated by 13.02% to $1.1 billion in 2023, then decreased by 27.1% to $803.9 million in 2024, then decreased 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 304.93 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 12.81 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 4.53 Bn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 6.91 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 8.32 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 2.57 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 696.43 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 1.14 Bn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 4.61 Bn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 4.03 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 1.23 Bn |