Ballard Power Systems (BLDP) Beginning Cash Balance (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly Beginning Cash Balance of $603.9 million for Q1 2025, down 19.59% year-over-year from $751.1 million in Q1 2024, and down 19.59% quarter-over-quarter from $751.1 million in Q1 2024.
Ballard Power Systems (BLDP) Beginning Cash Balance (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Beginning Cash Balance for 17 consecutive years, with $603.9 million the latest figure, recorded in Q1 2025.
- In Q1 2025, Beginning Cash Balance fell 19.59% year-over-year to $603.9 million; the TTM figure through Sep 2025 stood at $603.9 million (down 19.59% YoY), while the FY2022 annual figure was $1.1 billion, up 47.22% from the prior year.
- Beginning Cash Balance declined to $603.9 million in Q1 2025 per BLDP's latest filing, from $751.1 million in the prior quarter.
- Across five years, Beginning Cash Balance topped out at $1.1 billion in Q1 2022 and bottomed at $603.9 million in Q1 2025.
- Historically, Beginning Cash Balance has averaged $831.2 million across 5 years, with a median of $763.4 million in 2021.
- Annual changes were most pronounced in 2021 — Beginning Cash Balance surged 416.56% — and 2025, when it declined 19.59%.
- Ballard Power Systems' Beginning Cash Balance stood at $763.4 million in 2021, then surged by 47.22% to $1.1 billion in 2022, then fell by 18.7% to $913.7 million in 2023, then slipped by 17.8% to $751.1 million in 2024, then slipped by 19.59% to $603.9 million in 2025.
- Business Quant data shows BLDP's Beginning Cash Balance at $603.9 million in Q1 2025, $751.1 million in Q1 2024, and $913.7 million in Q1 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | Ballard Power Systems | 725.08 Mn | 219.93 Mn | 4.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 527.05 Mn |
| Jun 30, 2026 | 527.05 Mn |
| Sep 30, 2025 | 603.95 Mn |
| Sep 30, 2025 | 603.95 Mn |
| Jun 30, 2025 | 603.95 Mn |
| Jun 30, 2025 | 603.95 Mn |
| Mar 31, 2025 | 603.95 Mn |
| Mar 31, 2025 | 603.95 Mn |
| Mar 31, 2024 | 751.13 Mn |
| Mar 31, 2024 | 751.13 Mn |
| Mar 31, 2023 | 913.73 Mn |
| Mar 31, 2023 | 913.73 Mn |
| Mar 31, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.12 Bn |
| Mar 31, 2021 | 763.43 Mn |
| Mar 31, 2021 | 763.43 Mn |
| Mar 31, 2020 | 147.79 Mn |
| Mar 31, 2020 | 147.79 Mn |
| Mar 31, 2019 | 192.24 Mn |
| Mar 31, 2019 | 192.24 Mn |