Ballard Power Systems (BLDP) Non-cash Items (2009 - 2025)
Ballard Power Systems (BLDP) posted quarterly Non-cash Items of $31.2 million for Q3 2025, down 48.16% year-over-year from $60.1 million in Q3 2024, and up 249.63% quarter-over-quarter from -$20.8 million in Q2 2025.
Ballard Power Systems (BLDP) Non-cash Items (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has reported Non-cash Items for 17 consecutive years, with $31.2 million the latest figure, recorded in Q3 2025.
- In Q3 2025, Non-cash Items fell 48.16% year-over-year to $31.2 million; the TTM figure through Sep 2025 stood at $48.8 million (up 537.27% YoY), while the FY2022 annual figure was -$121.7 million, down 76.76% from the prior year.
- Non-cash Items grew to $31.2 million in Q3 2025 per BLDP's latest filing, from -$20.8 million in the prior quarter.
- Across five years, Non-cash Items topped out at $60.1 million in Q3 2024 and bottomed at -$35.7 million in Q3 2022.
- Historically, Non-cash Items has averaged -$12.1 million across 5 years, with a median of -$21.3 million in 2023.
- Annual changes were most pronounced in 2021 — Non-cash Items sank 217.87% — and 2024, when it surged 381.59%.
- Ballard Power Systems' Non-cash Items stood at -$7.1 million in 2021, then soared by 282.68% to $13.0 million in 2022, then plunged by 263.73% to -$21.3 million in 2023, then soared by 381.59% to $60.1 million in 2024, then sank by 48.16% to $31.2 million in 2025.
- Business Quant data shows BLDP's Non-cash Items at $31.2 million in Q3 2025, -$20.8 million in Q2 2025, and -$21.7 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn |
| 10 | Ballard Power Systems | 725.08 Mn | 219.93 Mn | 4.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 31.16 Mn |
| Sep 30, 2025 | 31.16 Mn |
| Jun 30, 2025 | -20.83 Mn |
| Jun 30, 2025 | -20.83 Mn |
| Mar 31, 2025 | -21.68 Mn |
| Mar 31, 2025 | -21.68 Mn |
| Sep 30, 2024 | 60.11 Mn |
| Sep 30, 2024 | 60.11 Mn |
| Jun 30, 2024 | -25.53 Mn |
| Jun 30, 2024 | -25.53 Mn |
| Mar 31, 2024 | -24.39 Mn |
| Mar 31, 2024 | -24.39 Mn |
| Sep 30, 2023 | -21.35 Mn |
| Sep 30, 2023 | -21.35 Mn |
| Jun 30, 2023 | -21.60 Mn |
| Jun 30, 2023 | -21.60 Mn |
| Mar 31, 2023 | -26.95 Mn |
| Mar 31, 2023 | -26.95 Mn |
| Dec 31, 2022 | 13.04 Mn |
| Dec 31, 2022 | 13.04 Mn |