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

Ballard Power Systems' (BLDP) quarterly Current Deferred Revenue came in at $8.4 million in Q4 2025, up 26.57% year-on-year from $6.6 million in Q4 2024, and down 22.55% on a QoQ basis 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.

  • On a quarterly basis, Current Deferred Revenue rose 26.57% year-over-year to $8.4 million in Q4 2025; TTM through Dec 2025 was $8.4 million, a 26.57% increase from a year earlier, with the FY2025 full-year figure at $8.4 million, up 26.57% from the prior year.
  • Current Deferred Revenue for Q4 2025 stood at $8.4 million, down from $10.9 million in the prior quarter.
  • Over the last five years, Current Deferred Revenue for BLDP reached as high as $13.0 million in Q3 2021 and fell as low as $4.6 million in Q4 2023.
  • Historically, Current Deferred Revenue has averaged $9.3 million across 5 years, with a median of $8.8 million in 2023.
  • Across the five-year window, Current Deferred Revenue plunged 42.86% in 2023 and jumped 57.95% in 2025, its largest moves.
  • Year by year, Current Deferred Revenue stood at $12.1 million in 2021, then slumped by 33.69% to $8.0 million in 2022, then plunged by 42.86% to $4.6 million in 2023, then soared by 44.79% to $6.6 million in 2024, then gained by 26.57% to $8.4 million in 2025.
  • Per Business Quant data, the three most recent Current Deferred Revenue figures were $8.4 million in Q4 2025, $10.9 million in Q3 2025, and $8.6 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 8.41 Mn
Sep 30, 2025 10.86 Mn
Jun 30, 2025 8.58 Mn
Mar 31, 2025 9.15 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 8.62 Mn
Jun 30, 2023 7.56 Mn
Mar 31, 2023 7.19 Mn
Dec 31, 2022 8.03 Mn
Sep 30, 2022 10.71 Mn
Jun 30, 2022 11.66 Mn
Mar 31, 2022 12.22 Mn
Dec 31, 2021 12.11 Mn
Sep 30, 2021 13.03 Mn
Jun 30, 2021 12.10 Mn
Mar 31, 2021 10.13 Mn