Ballard Power Systems BLDP
NASDAQ BLDP
$2.40 +0.03 (+1.27%)
At close: Aug 21, 2026 · 4:00 PM EDT

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
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