Ballard Power Systems (BLDP) Change in Account Payables (2010 - 2025)
Ballard Power Systems (BLDP) reported 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 up 30.9% quarter-over-quarter from -$13.0 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.
- Change in Account Payables for Q4 2025 came in at -$9.0 million, down 29.75% year-over-year; the trailing twelve-month figure through Dec 2025 was -$24.1 million (down 2100.41% YoY), and the FY2025 annual result was -$8.3 million, down 123.36% from the prior year.
- Change in Account Payables advanced to -$9.0 million in Q4 2025 per BLDP's latest filing, from -$13.0 million in the prior quarter.
- Over five years, Change in Account Payables peaked at $40.9 million in Q3 2023 and troughed at -$13.0 million in Q3 2025.
- A 5-year average of $12.1 million and a median of $4.5 million in 2021 frame the typical range for Change in Account Payables.
- The sharpest annual moves came in 2023 and 2024: Change in Account Payables jumped 3164.54% in 2023, then sank 714.37% in 2024.
- A 5-year view of Change in Account Payables shows it stood at -$507000.0 in 2021, then soared by 1734.71% to $8.3 million in 2022, then slumped by 110.24% to -$849000.0 in 2023, then tumbled by 714.37% to -$6.9 million in 2024, then dropped 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, -$13.0 million in Q3 2025, and $4.7 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 472.68 Bn | 472.63 Bn | - | - |
| 2 | Vertiv Holdings | 115.80 Bn | 113.29 Bn | 999.70 Mn | 202.80 Mn |
| 3 | Bloom Energy | 73.20 Bn | 70.74 Bn | 225.54 Mn | 36.96 Mn |
| 4 | nVent Electric | 26.87 Bn | 26.68 Bn | 445.60 Mn | 72.90 Mn |
| 5 | Hubbell | 25.27 Bn | 24.77 Bn | 505.30 Mn | 43.30 Mn |
| 6 | Advanced Energy Industries | 13.35 Bn | 13.35 Bn | 200.90 Mn | 45.50 Mn |
| 7 | Powell Industries | 10.72 Bn | 10.17 Bn | 87.94 Mn | 26.40 Mn |
| 8 | Ballard Power Systems | 10.33 Bn | 9.80 Bn | 5.64 Mn | -8.97 Mn |
| 9 | Acuity Inc. (De) | 9.04 Bn | 8.77 Bn | 520.40 Mn | -42.80 Mn |
| 10 | EnerSys | 8.41 Bn | 7.98 Bn | 290.87 Mn | 19.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -8.97 Mn |
| Dec 31, 2025 | -8.97 Mn |
| Sep 30, 2025 | -12.98 Mn |
| Sep 30, 2025 | -12.98 Mn |
| Jun 30, 2025 | 4.74 Mn |
| Jun 30, 2025 | 4.74 Mn |
| Mar 31, 2025 | 36.47 Mn |
| Mar 31, 2025 | 36.47 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 | 40.92 Mn |
| Sep 30, 2023 | 40.92 Mn |