Ballard Power Systems (BLDP) Current Assets (2009 - 2025)
Ballard Power Systems (BLDP) reported Current Assets of $601.4 million for Q4 2025, down 13.94% year-over-year from $698.9 million in Q4 2024, and down 3.53% quarter-over-quarter from $623.4 million in Q3 2025.
Ballard Power Systems (BLDP) Current Assets (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 17 years of Current Assets data on file, last reported at $601.4 million in Q4 2025.
- Current Assets for Q4 2025 came in at $601.4 million, down 13.94% year-over-year; the trailing twelve-month figure through Dec 2025 was $601.4 million (down 13.94% YoY), and the FY2025 annual result was $601.4 million, down 13.94% from the prior year.
- Current Assets eased to $601.4 million in Q4 2025 per BLDP's latest filing, from $623.4 million in the prior quarter.
- Over five years, Current Assets peaked at $1.4 billion in Q1 2021 and troughed at $601.4 million in Q4 2025.
- A 5-year average of $948.0 million and a median of $923.7 million in 2023 frame the typical range for Current Assets.
- The sharpest annual moves came in 2021 and 2024: Current Assets jumped 430.16% in 2021, then retreated 19.18% in 2024.
- A 5-year view of Current Assets shows it stood at $1.2 billion in 2021, then retreated by 16.33% to $1.0 billion in 2022, then fell by 15.92% to $864.7 million in 2023, then fell by 19.18% to $698.9 million in 2024, then dropped by 13.94% to $601.4 million in 2025.
- Business Quant data shows BLDP's Current Assets at $601.4 million in Q4 2025, $623.4 million in Q3 2025, and $647.3 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | 89.16 Mn |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 7.98 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 3.95 Bn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 1.79 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 2.80 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 1.59 Bn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 601.43 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 1.01 Bn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 1.51 Bn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn | 2.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 601.43 Mn |
| Sep 30, 2025 | 623.45 Mn |
| Jun 30, 2025 | 647.32 Mn |
| Mar 31, 2025 | 675.12 Mn |
| Dec 31, 2024 | 698.88 Mn |
| Sep 30, 2024 | 742.47 Mn |
| Jun 30, 2024 | 788.95 Mn |
| Mar 31, 2024 | 826.84 Mn |
| Dec 31, 2023 | 864.74 Mn |
| Sep 30, 2023 | 908.12 Mn |
| Jun 30, 2023 | 939.36 Mn |
| Mar 31, 2023 | 983.23 Mn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.07 Bn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 1.18 Bn |
| Dec 31, 2021 | 1.23 Bn |
| Sep 30, 2021 | 1.32 Bn |
| Jun 30, 2021 | 1.35 Bn |
| Mar 31, 2021 | 1.36 Bn |