Ballard Power Systems (BLDP) Inventory Average (2009 - 2026)
Ballard Power Systems' (BLDP) quarterly Inventory Average came in at $43.1 million in Q2 2026, down 35.71% year-over-year from $67.0 million in Q2 2025, and down 1.63% quarter-over-quarter from $43.8 million in Q1 2026.
Analysis
Ballard Power Systems (BLDP) Inventory Average (2009 - 2026) Analysis & Trends
Ballard Power Systems (BLDP) has reported Inventory Average for 18 consecutive years, with $43.1 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average fell 35.71% year-over-year to $43.1 million in Q2 2026; TTM through Jun 2026 was $43.1 million, a 35.71% decrease from a year earlier, with the FY2025 full-year figure at $50.1 million, down 2.05% from the prior year.
- Inventory Average was $43.1 million for Q2 2026 at Ballard Power Systems, down from $43.8 million in the prior quarter.
- Over five years, Inventory Average peaked at $71.9 million in Q3 2023 and troughed at $43.1 million in Q2 2026.
- A 5-year average of $58.7 million and a median of $58.9 million in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average surged 77.27% in 2022 and plunged 35.71% in 2026, its largest moves.
- Over 5 years, Inventory Average stood at $58.3 million in 2022, then decreased by 0.36% to $58.1 million in 2023, then rose by 6.3% to $61.8 million in 2024, then dropped by 16.14% to $51.8 million in 2025, then retreated by 16.89% to $43.1 million in 2026.
- The last three Inventory Average figures came in at $43.1 million (Q2 2026), $43.8 million (Q1 2026), and $51.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 745.36 Mn |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | 87.41 Mn |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | 43.07 Mn |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.07 Mn |
| Mar 31, 2026 | 43.78 Mn |
| Dec 31, 2025 | 51.82 Mn |
| Sep 30, 2025 | 64.37 Mn |
| Jun 30, 2025 | 66.99 Mn |
| Mar 31, 2025 | 60.77 Mn |
| Dec 31, 2024 | 61.79 Mn |
| Sep 30, 2024 | 64.60 Mn |
| Jun 30, 2024 | 58.94 Mn |
| Mar 31, 2024 | 50.85 Mn |
| Dec 31, 2023 | 58.13 Mn |
| Sep 30, 2023 | 71.88 Mn |
| Jun 30, 2023 | 68.89 Mn |
| Mar 31, 2023 | 61.23 Mn |
| Dec 31, 2022 | 58.34 Mn |
| Sep 30, 2022 | 58.80 Mn |
| Jun 30, 2022 | 58.25 Mn |
| Mar 31, 2022 | 54.52 Mn |
| Dec 31, 2021 | 50.99 Mn |
| Sep 30, 2021 | 44.64 Mn |