Ballard Power Systems (BLDP) Inventory (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Inventory came in at $42.3 million in Q2 2026, down 38.53% year-over-year from $68.9 million in Q2 2025, and down 3.33% quarter-over-quarter from $43.8 million in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Inventory (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Inventory for 18 consecutive years, with $42.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory fell 38.53% year-over-year to $42.3 million in Q2 2026; TTM through Jun 2026 was $42.3 million, a 38.53% decrease from a year earlier, with the FY2025 full-year figure at $43.8 million, down 22.42% from the prior year.
- Inventory was $42.3 million for Q2 2026 at Ballard Power Systems, down from $43.8 million in the prior quarter.
- Over five years, Inventory peaked at $73.4 million in Q2 2023 and troughed at $42.3 million in Q2 2026.
- A 5-year average of $58.5 million and a median of $58.8 million in 2022 frame the typical range for Inventory.
- Across the five-year window, Inventory soared 74.38% in 2022 and tumbled 38.53% in 2026, its largest moves.
- Over 5 years, Inventory stood at $58.0 million in 2022, then slipped by 20.98% to $45.9 million in 2023, then grew by 22.99% to $56.4 million in 2024, then decreased by 22.42% to $43.8 million in 2025, then slipped by 3.27% to $42.3 million in 2026.
- The last three Inventory figures came in at $42.3 million (Q2 2026), $43.8 million (Q1 2026), and $43.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 758.19 Mn |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | 86.38 Mn |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | 42.34 Mn |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.34 Mn |
| Mar 31, 2026 | 43.80 Mn |
| Dec 31, 2025 | 43.77 Mn |
| Sep 30, 2025 | 59.87 Mn |
| Jun 30, 2025 | 68.87 Mn |
| Mar 31, 2025 | 65.12 Mn |
| Dec 31, 2024 | 56.42 Mn |
| Sep 30, 2024 | 67.17 Mn |
| Jun 30, 2024 | 62.04 Mn |
| Mar 31, 2024 | 55.84 Mn |
| Dec 31, 2023 | 45.87 Mn |
| Sep 30, 2023 | 70.39 Mn |
| Jun 30, 2023 | 73.37 Mn |
| Mar 31, 2023 | 64.41 Mn |
| Dec 31, 2022 | 58.05 Mn |
| Sep 30, 2022 | 58.64 Mn |
| Jun 30, 2022 | 58.97 Mn |
| Mar 31, 2022 | 57.52 Mn |
| Dec 31, 2021 | 51.52 Mn |
| Sep 30, 2021 | 50.47 Mn |