Ballard Power Systems (BLDP) Current Deferred Revenue (2009 - 2025)

Ballard Power Systems (BLDP) reported Current Deferred Revenue of $8.4 million for Q4 2025, up 26.57% year-over-year from $6.6 million in Q4 2024, and down 22.55% quarter-over-quarter from $10.9 million in Q3 2025.

Ballard Power Systems (BLDP) Current Deferred Revenue (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Current Deferred Revenue data on file, last reported at $8.4 million in Q4 2025.

  • Current Deferred Revenue for Q4 2025 came in at $8.4 million, up 26.57% year-over-year; the trailing twelve-month figure through Dec 2025 was $8.4 million (up 26.57% YoY), and the FY2025 annual result was $8.4 million, up 26.57% from the prior year.
  • Current Deferred Revenue slipped to $8.4 million in Q4 2025 per BLDP's latest filing, from $10.9 million in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $13.0 million in Q3 2021 and troughed at -$840000.0 in Q1 2023.
  • A 5-year average of $6.4 million and a median of $7.5 million in 2022 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2023 and 2024: Current Deferred Revenue slumped 830.43% in 2023, then soared 2015.82% in 2024.
  • A 5-year view of Current Deferred Revenue shows it stood at $12.1 million in 2021, then sank by 33.69% to $8.0 million in 2022, then tumbled by 42.86% to $4.6 million in 2023, then soared by 44.79% to $6.6 million in 2024, then grew by 26.57% to $8.4 million in 2025.
  • Business Quant data shows BLDP's Current Deferred Revenue at $8.4 million in Q4 2025, $10.9 million in Q3 2025, and $4.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 395.03 Bn 394.98 Bn -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 8.41 Mn
Sep 30, 2025 10.86 Mn
Jun 30, 2025 4.00 Mn
Mar 31, 2025 2.38 Mn
Dec 31, 2024 6.64 Mn
Sep 30, 2024 6.87 Mn
Jun 30, 2024 9.08 Mn
Mar 31, 2024 8.20 Mn
Dec 31, 2023 4.59 Mn
Sep 30, 2023 588,000.00
Jun 30, 2023 -474,000.00
Mar 31, 2023 -840,000.00
Dec 31, 2022 8.03 Mn
Sep 30, 2022 10.71 Mn
Jun 30, 2022 11.66 Mn
Mar 31, 2022 115,000.00
Dec 31, 2021 12.11 Mn
Sep 30, 2021 13.03 Mn
Jun 30, 2021 12.10 Mn
Mar 31, 2021 242,000.00