Ballard Power Systems (BLDP) Cash from Investing Activities (2017 - 2025)

Ballard Power Systems (BLDP) reported Cash from Investing Activities of -$9.7 million for Q4 2025, down 59.41% year-over-year from -$24.0 million in Q4 2024, and down 582.26% quarter-over-quarter from -$1.4 million in Q3 2025.

Ballard Power Systems (BLDP) Cash from Investing Activities (2017 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 9 years of Cash from Investing Activities data on file, last reported at -$9.7 million in Q4 2025.

  • Cash from Investing Activities for Q4 2025 came in at -$9.7 million, down 59.41% year-over-year; the trailing twelve-month figure through Dec 2025 was -$20.9 million (up 42.64% YoY), and the FY2025 annual result was -$20.9 million, up 42.64% from the prior year.
  • Cash from Investing Activities retreated to -$9.7 million in Q4 2025 per BLDP's latest filing, from -$1.4 million in the prior quarter.
  • Over five years, Cash from Investing Activities peaked at -$1.4 million in Q3 2025 and troughed at -$67.4 million in Q4 2021.
  • A 5-year average of -$13.6 million and a median of -$10.3 million in 2023 frame the typical range for Cash from Investing Activities.
  • The sharpest annual moves came in 2021 and 2025: Cash from Investing Activities sank 764.18% in 2021, then jumped 90.05% in 2025.
  • A 5-year view of Cash from Investing Activities shows it stood at -$67.4 million in 2021, then surged by 70.24% to -$20.1 million in 2022, then soared by 45.94% to -$10.8 million in 2023, then jumped by 43.73% to -$6.1 million in 2024, then plunged by 59.41% to -$9.7 million in 2025.
  • Business Quant data shows BLDP's Cash from Investing Activities at -$9.7 million in Q4 2025, -$1.4 million in Q3 2025, and -$7.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Investing Activities (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn -376.70 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn -45.94 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn -36.10 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn -41.30 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -38.00 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -9.73 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 1.04 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn -16.30 Mn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn -12.14 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -9.73 Mn
Dec 31, 2025 -9.73 Mn
Sep 30, 2025 -1.43 Mn
Sep 30, 2025 -1.43 Mn
Jun 30, 2025 -7.05 Mn
Jun 30, 2025 -7.05 Mn
Mar 31, 2025 -2.74 Mn
Mar 31, 2025 -2.74 Mn
Dec 31, 2024 -6.10 Mn
Dec 31, 2024 -6.10 Mn
Sep 30, 2024 -14.33 Mn
Sep 30, 2024 -14.33 Mn
Jun 30, 2024 -6.54 Mn
Jun 30, 2024 -6.54 Mn
Mar 31, 2024 -9.53 Mn
Mar 31, 2024 -9.53 Mn
Dec 31, 2023 -10.85 Mn
Dec 31, 2023 -10.85 Mn
Sep 30, 2023 -11.19 Mn
Sep 30, 2023 -11.19 Mn