Ballard Power Systems (BLDP) Current Assets (2009 - 2026)
Ballard Power Systems (BLDP) posted quarterly 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 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Current Assets for 17 consecutive years, with $601.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Current Assets fell 13.94% year-over-year to $601.4 million; the TTM figure through Dec 2025 stood at $601.4 million (down 13.94% YoY), while the FY2025 annual figure was $601.4 million, down 13.94% from the prior year.
- Current Assets retreated to $601.4 million in Q4 2025 per BLDP's latest filing, from $623.4 million in the prior quarter.
- Across five years, Current Assets topped out at $1.4 billion in Q1 2021 and bottomed at $601.4 million in Q4 2025.
- Historically, Current Assets has averaged $948.0 million across 5 years, with a median of $923.7 million in 2023.
- Annual changes were most pronounced in 2021 — Current Assets jumped 430.16% — and 2024, when it retreated 19.18%.
- Ballard Power Systems' Current Assets stood at $1.2 billion in 2021, then decreased by 16.33% to $1.0 billion in 2022, then retreated by 15.92% to $864.7 million in 2023, then retreated by 19.18% to $698.9 million in 2024, then declined 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 | Vertiv Holdings | 99.90 Bn | 96.79 Bn | 1.23 Bn | 9.98 Bn |
| 2 | Bloom Energy | 57.13 Bn | 54.46 Bn | 355.57 Mn | 4.59 Bn |
| 3 | Hubbell | 24.86 Bn | 24.46 Bn | 613.00 Mn | 3.01 Bn |
| 4 | nVent Electric | 24.77 Bn | 24.51 Bn | 558.00 Mn | 2.00 Bn |
| 5 | Advanced Energy Industries | 11.05 Bn | 9.63 Bn | 236.10 Mn | 2.41 Bn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 1.62 Bn |
| 7 | Powell Industries | 7.18 Bn | 6.54 Bn | 95.30 Mn | 1.23 Bn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 2.13 Bn |
| 9 | Plug Power | 3.21 Bn | 2.89 Bn | -1.68 Mn | 1.15 Bn |
| 10 | Ballard Power Systems | 726.61 Mn | 221.47 Mn | 4.08 Mn | 569.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 569.75 Mn |
| 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 |