Ballard Power Systems (BLDP) Current Assets (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Current Assets came in at $601.4 million in Q4 2025, down 13.94% year-on-year from $698.9 million in Q4 2024, and down 3.53% on a QoQ basis 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.

  • On a quarterly basis, Current Assets fell 13.94% year-over-year to $601.4 million in Q4 2025; TTM through Dec 2025 was $601.4 million, a 13.94% decrease from a year earlier, with the FY2025 full-year figure at $601.4 million, down 13.94% from the prior year.
  • Current Assets for Q4 2025 stood at $601.4 million, down from $623.4 million in the prior quarter.
  • Over the last five years, Current Assets for BLDP reached as high as $1.4 billion in Q1 2021 and fell as low as $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.
  • Across the five-year window, Current Assets surged 430.16% in 2021 and declined 19.18% in 2024, its largest moves.
  • Year by year, Current Assets stood at $1.2 billion in 2021, then dropped by 16.33% to $1.0 billion in 2022, then slipped by 15.92% to $864.7 million in 2023, then slipped by 19.18% to $698.9 million in 2024, then retreated by 13.94% to $601.4 million in 2025.
  • Per Business Quant data, the three most recent Current Assets figures were $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 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 66.52 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 7.98 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 3.95 Bn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 2.80 Bn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.79 Bn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 1.59 Bn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 1.62 Bn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 1.01 Bn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 2.14 Bn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn 601.43 Mn

Historic Data

Download Data
DateValue
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