Ballard Power Systems (BLDP) Change in Working Capital (2010 - 2025)

Ballard Power Systems (BLDP) has 16 years of Change in Working Capital data on file, last reported at $16.8 million in Q4 2025.

• Change in Working Capital for Q4 2025 came in at $16.8 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $44.3 million (changed N/A YoY), and the FY2025 annual result was $18.1 million, up 248.08% from the prior year.
• Change in Working Capital rose to $16.8 million in Q4 2025 per BLDP's latest filing, from $9.6 million in the prior quarter.
• Over five years, Change in Working Capital peaked at $17.1 million in Q4 2023 and troughed at -$7.2 million in Q4 2021.
• A 5-year average of $7.2 million and a median of $5.8 million in 2021 frame the typical range for Change in Working Capital.
• The sharpest annual moves came in 2022 and 2023: Change in Working Capital soared 281.97% in 2022, then slumped 85.19% in 2023.
• A 5-year view of Change in Working Capital shows it stood at -$7.2 million in 2021, then soared by 281.97% to $13.0 million in 2022, then jumped by 31.16% to $17.1 million in 2023, then sank by 43.86% to $9.6 million in 2024, then soared by 75.0% to $16.8 million in 2025.
• Business Quant data shows BLDP's Change in Working Capital at $16.8 million in Q4 2025, $9.6 million in Q2 2024, and $17.1 million in Q4 2023.