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
DateValue
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