Ballard Power Systems (BLDP) Cash & Current Investments (2009 - 2026)
Ballard Power Systems' Cash & Current Investments came in at $505.15 million for the quarter ended Jun 30, 2026, down 8.5% from $552.15 million a year earlier and down 3.0% from the prior quarter.
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Analysis
Ballard Power Systems (BLDP) Cash & Current Investments (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Ballard Power Systems' Cash & Current Investments was $531.25 million, down 12.3% from the prior year.
- Cash & Current Investments has declined in each of the last four years, with a five-year compound annual growth rate of -7.0% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cash & Current Investments was $606.05 million in the year ended Dec 31, 2024 (-19.5%), $753.24 million in the year ended Dec 31, 2023 (-17.7%), $915.74 million in the year ended Dec 31, 2022 (-18.7%) and $1.13 billion in the year ended Dec 31, 2021 (+47.2%).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Cash & Current Investments since the quarter ended Sep 30, 2020.
- Year-over-year, Cash & Current Investments has declined for 18 consecutive quarters, with an average decline of 15.6% over the last eight quarters.
- The fastest year-over-year change in Cash & Current Investments over five years came in the quarter ended Sep 30, 2021 (growth of 238.8%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 21.9%).
- Business Quant data shows BLDP's Cash & Current Investments at $520.89 million (quarter ended Mar 31, 2026), $531.25 million (quarter ended Dec 31, 2025) and $527.85 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Current Investments (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 217.77 Bn | 177.68 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 57.44 Bn | 47.34 Bn | 417.10 Mn | 2.49 Bn |
| 3 | First Solar | 18.54 Bn | 9.49 Bn | 605.00 Mn | 1.73 Bn |
| 4 | Nextpower | 11.92 Bn | 7.81 Bn | 335.85 Mn | 1.21 Bn |
| 5 | BWX Technologies | 11.66 Bn | 9.96 Bn | 202.31 Mn | 608.20 Mn |
| 6 | Generac Holdings | 11.00 Bn | 9.82 Bn | 521.81 Mn | 264.92 Mn |
| 7 | EnerSys | 6.06 Bn | 4.25 Bn | 313.36 Mn | 530.66 Mn |
| 8 | Enphase Energy | 4.17 Bn | -685.14 Mn | 175.01 Mn | 937.71 Mn |
| 9 | Mirion Technologies | 3.63 Bn | 1.46 Bn | 133.10 Mn | 418.70 Mn |
| 10 | Ballard Power Systems | 441.23 Mn | -1.64 Bn | 4.08 Mn | 505.15 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 505.15 Mn |
| Mar 31, 2026 | 520.86 Mn |
| Dec 31, 2025 | 531.25 Mn |
| Sep 30, 2025 | 527.85 Mn |
| Jun 30, 2025 | 552.15 Mn |
| Mar 31, 2025 | 578.80 Mn |
| Dec 31, 2024 | 606.05 Mn |
| Sep 30, 2024 | 637.22 Mn |
| Jun 30, 2024 | 680.14 Mn |
| Mar 31, 2024 | 722.78 Mn |
| Dec 31, 2023 | 753.24 Mn |
| Sep 30, 2023 | 783.00 Mn |
| Jun 30, 2023 | 817.07 Mn |
| Mar 31, 2023 | 865.78 Mn |
| Dec 31, 2022 | 915.74 Mn |
| Sep 30, 2022 | 957.43 Mn |
| Jun 30, 2022 | 1.00 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.13 Bn |
| Sep 30, 2021 | 1.23 Bn |
API Access
Ballard Power Systems Cash & Current Investments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=BLDP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-current-investments", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-current-investments&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();