Ballard Power Systems (BLDP) Change in Account Payables (2010 - 2025)
Ballard Power Systems (BLDP) posted quarterly Change in Account Payables of -$9.0 million for Q4 2025, down 29.75% year-over-year from -$12.8 million in Q4 2024, and down 336.33% quarter-over-quarter from $3.8 million in Q3 2025.
Ballard Power Systems (BLDP) Change in Account Payables (2010 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has reported Change in Account Payables for 16 consecutive years, with -$9.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Change in Account Payables fell 29.75% year-over-year to -$9.0 million; the TTM figure through Dec 2025 stood at -$8.3 million (down 791.53% YoY), while the FY2025 annual figure was -$8.3 million, down 791.53% from the prior year.
- Change in Account Payables slipped to -$9.0 million in Q4 2025 per BLDP's latest filing, from $3.8 million in the prior quarter.
- Across five years, Change in Account Payables topped out at $16.8 million in Q3 2024 and bottomed at -$9.0 million in Q4 2025.
- Historically, Change in Account Payables has averaged -$330250.0 across 5 years, with a median of -$848500.0 in 2023.
- Annual changes were most pronounced in 2022 — Change in Account Payables soared 1734.71% — and 2024, when it tumbled 971.07%.
- Ballard Power Systems' Change in Account Payables stood at -$507000.0 in 2021, then jumped by 1734.71% to $8.3 million in 2022, then tumbled by 110.24% to -$849000.0 in 2023, then plunged by 714.37% to -$6.9 million in 2024, then declined by 29.75% to -$9.0 million in 2025.
- Business Quant data shows BLDP's Change in Account Payables at -$9.0 million in Q4 2025, $3.8 million in Q3 2025, and -$848000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 482.50 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 63.46 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 24.70 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 72.80 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 47.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 11.70 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 8.80 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | -22.52 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 |
|---|---|
| Dec 31, 2025 | -8.97 Mn |
| Dec 31, 2025 | -8.97 Mn |
| Sep 30, 2025 | 3.80 Mn |
| Sep 30, 2025 | 3.80 Mn |
| Jun 30, 2025 | -848,000.00 |
| Jun 30, 2025 | -848,000.00 |
| Mar 31, 2025 | -2.30 Mn |
| Mar 31, 2025 | -2.30 Mn |
| Dec 31, 2024 | -6.91 Mn |
| Dec 31, 2024 | -6.91 Mn |
| Sep 30, 2024 | 16.78 Mn |
| Sep 30, 2024 | 16.78 Mn |
| Jun 30, 2024 | -5.59 Mn |
| Jun 30, 2024 | -5.59 Mn |
| Mar 31, 2024 | -3.07 Mn |
| Mar 31, 2024 | -3.07 Mn |
| Dec 31, 2023 | -849,000.00 |
| Dec 31, 2023 | -849,000.00 |
| Sep 30, 2023 | 2.31 Mn |
| Sep 30, 2023 | 2.31 Mn |