Ballard Power Systems (BLDP) Inventory Average (2009 - 2025)

Ballard Power Systems (BLDP) reported Inventory Average of $18.8 million for Q4 2025, down 69.52% year-over-year from $61.8 million in Q4 2024, and down 39.99% quarter-over-quarter from $31.4 million in Q3 2025.

Ballard Power Systems (BLDP) Inventory Average (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Inventory Average data on file, last reported at $18.8 million in Q4 2025.

  • Inventory Average for Q4 2025 came in at $18.8 million, down 69.52% year-over-year; the trailing twelve-month figure through Dec 2025 was $18.8 million (down 69.52% YoY), and the FY2025 annual result was $50.1 million, down 2.05% from the prior year.
  • Inventory Average declined to $18.8 million in Q4 2025 per BLDP's latest filing, from $31.4 million in the prior quarter.
  • Over five years, Inventory Average peaked at $61.8 million in Q4 2024 and troughed at -$13.7 million in Q2 2024.
  • A 5-year average of $29.5 million and a median of $25.7 million in 2022 frame the typical range for Inventory Average.
  • The sharpest annual moves came in 2022 and 2024: Inventory Average soared 3607.17% in 2022, then slumped 159.2% in 2024.
  • A 5-year view of Inventory Average shows it stood at $51.0 million in 2021, then slumped by 50.06% to $25.5 million in 2022, then jumped by 128.27% to $58.1 million in 2023, then gained by 6.3% to $61.8 million in 2024, then plunged by 69.52% to $18.8 million in 2025.
  • Business Quant data shows BLDP's Inventory Average at $18.8 million in Q4 2025, $31.4 million in Q3 2025, and $30.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - 1.97 Mn
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 1.65 Bn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 687.92 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 491.95 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 1.11 Bn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 434.95 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 18.84 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 85.63 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 516.65 Mn
10 EnerSys 8.48 Bn 8.04 Bn 290.87 Mn 760.03 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 18.84 Mn
Sep 30, 2025 31.39 Mn
Jun 30, 2025 30.06 Mn
Mar 31, 2025 23.83 Mn
Dec 31, 2024 61.79 Mn
Sep 30, 2024 25.13 Mn
Jun 30, 2024 -13.66 Mn
Mar 31, 2024 17.73 Mn
Dec 31, 2023 58.13 Mn
Sep 30, 2023 26.07 Mn
Jun 30, 2023 23.08 Mn
Mar 31, 2023 61.23 Mn
Dec 31, 2022 25.47 Mn
Sep 30, 2022 25.93 Mn
Jun 30, 2022 58.25 Mn
Mar 31, 2022 54.52 Mn
Dec 31, 2021 50.99 Mn
Sep 30, 2021 20.09 Mn
Jun 30, 2021 -7.38 Mn
Mar 31, 2021 -1.55 Mn