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| Date | Value |
|---|---|
| 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 |