Ballard Power Systems (BLDP) Current Assets (2009 - 2026)
Ballard Power Systems' Current Assets was $569.75 million in the quarter ended Jun 30, 2026, down 12.0% from $647.32 million a year earlier and down 2.4% from the prior quarter.
Ballard Power Systems (BLDP) Current Assets (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Current Assets at Ballard Power Systems came in at $601.43 million, down 13.9% from the prior year.
- Current Assets has now declined for four consecutive years, with a five-year compound annual growth rate of -6.8% (years ended Dec 2020 to Dec 2025).
- In earlier years, Current Assets was $698.88 million in the year ended Dec 31, 2024 (-19.2%), $864.74 million in the year ended Dec 31, 2023 (-15.9%), $1.03 billion in the year ended Dec 31, 2022 (-16.3%) and $1.23 billion in the year ended Dec 31, 2021 (+43.9%).
- The figure for the quarter ended Jun 30, 2026 marks the lowest quarterly Current Assets since the quarter ended Sep 30, 2020.
- Compared with a year earlier, Current Assets has declined for 18 straight quarters, with an average decline of 16.1% over the last eight quarters.
- The best year-over-year quarter for Current Assets over five years was the quarter ended Sep 30, 2021 (growth of 196.9%); the worst was the quarter ended Dec 31, 2024 (a decline of 19.2%).
- Per Business Quant data, BLDP's Current Assets in the three quarters before the quarter ended Jun 30, 2026 was $583.88 million (quarter ended Mar 31, 2026), $601.43 million (quarter ended Dec 31, 2025) and $623.45 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 47.43 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 4.59 Bn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 5.32 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 1.71 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 3.03 Bn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 2.43 Bn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 2.13 Bn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 1.95 Bn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 900.50 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | 569.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 569.75 Mn |
| Mar 31, 2026 | 583.88 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 |
Ballard Power Systems Current Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-assets&ticker=BLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-assets", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-assets&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();