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

Ballard Power Systems (BLDP) has reported Cash from Investing Activities for 9 consecutive years, with -$9.7 million the latest figure, recorded in Q4 2025.

• In Q4 2025, Cash from Investing Activities fell 59.41% year-over-year to -$9.7 million; the TTM figure through Dec 2025 stood at -$20.9 million (up 42.64% YoY), while the FY2025 annual figure was -$20.9 million, up 42.64% from the prior year.
• Cash from Investing Activities declined to -$9.7 million in Q4 2025 per BLDP's latest filing, from -$1.4 million in the prior quarter.
• Across five years, Cash from Investing Activities topped out at -$1.4 million in Q3 2025 and bottomed at -$67.4 million in Q4 2021.
• Historically, Cash from Investing Activities has averaged -$13.6 million across 5 years, with a median of -$10.3 million in 2023.
• Annual changes were most pronounced in 2021 — Cash from Investing Activities sank 764.18% — and 2025, when it jumped 90.05%.
• Ballard Power Systems' Cash from Investing Activities stood at -$67.4 million in 2021, then soared by 70.24% to -$20.1 million in 2022, then jumped by 45.94% to -$10.8 million in 2023, then surged by 43.73% to -$6.1 million in 2024, then sank 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.