Ballard Power Systems (BLDP) Change in Account Payables (2010 - 2025)

Ballard Power Systems' (BLDP) quarterly Change in Account Payables came in at -$9.0 million in Q4 2025, down 29.75% year-on-year from -$12.8 million in Q4 2024, and down 336.33% on a QoQ basis from $3.8 million in Q3 2025.

Ballard Power Systems (BLDP) Change in Account Payables (2010 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 16 years of Change in Account Payables data on file, last reported at -$9.0 million in Q4 2025.

  • On a quarterly basis, Change in Account Payables fell 29.75% year-over-year to -$9.0 million in Q4 2025; TTM through Dec 2025 was -$8.3 million, a 791.53% decrease from a year earlier, with the FY2025 full-year figure at -$8.3 million, down 791.53% from the prior year.
  • Change in Account Payables for Q4 2025 stood at -$9.0 million, down from $3.8 million in the prior quarter.
  • Over the last five years, Change in Account Payables for BLDP reached as high as $16.8 million in Q3 2024 and fell as low as -$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.
  • Across the five-year window, Change in Account Payables jumped 1734.71% in 2022 and sank 971.07% in 2024, its largest moves.
  • Year by year, Change in Account Payables stood at -$507000.0 in 2021, then soared 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 retreated by 29.75% to -$9.0 million in 2025.
  • Per Business Quant data, the three most recent Change in Account Payables figures were -$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 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 202.80 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 36.96 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 43.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 72.90 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 45.50 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 11.70 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 26.40 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 19.03 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn -8.97 Mn

Historic Data

Download Data
DateValue
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