Ballard Power Systems (BLDP) Other Working Capital Changes (2009 - 2025)

Ballard Power Systems' (BLDP) quarterly Other Working Capital Changes came in at $440000.0 in Q4 2025, up 168.22% year-on-year from $164046.2 in Q4 2024, and up 233.33% on a QoQ basis from -$330000.0 in Q3 2025.

Ballard Power Systems (BLDP) Other Working Capital Changes (2009 - 2025) Analysis & Trends

Ballard Power Systems (BLDP) has 17 years of Other Working Capital Changes data on file, last reported at $440000.0 in Q4 2025.

  • On a quarterly basis, Other Working Capital Changes rose 168.22% year-over-year to $440000.0 in Q4 2025; TTM through Dec 2025 was $673000.0, a 131.99% increase from a year earlier, with the FY2025 full-year figure at $673000.0, up 131.99% from the prior year.
  • Other Working Capital Changes for Q4 2025 stood at $440000.0, up from -$330000.0 in the prior quarter.
  • Over the last five years, Other Working Capital Changes for BLDP reached as high as $17.1 million in Q4 2023 and fell as low as -$3.2 million in Q1 2023.
  • Historically, Other Working Capital Changes has averaged $3.3 million across 5 years, with a median of $974500.0 in 2021.
  • Across the five-year window, Other Working Capital Changes soared 1380.17% in 2022 and slumped 1131.25% in 2025, its largest moves.
  • Year by year, Other Working Capital Changes stood at $299000.0 in 2021, then sank by 200.33% to -$300000.0 in 2022, then surged by 731.0% to $1.9 million in 2023, then plunged by 134.07% to -$645000.0 in 2024, then soared by 168.22% to $440000.0 in 2025.
  • Per Business Quant data, the three most recent Other Working Capital Changes figures were $440000.0 in Q4 2025, -$330000.0 in Q3 2025, and $171000.0 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Ballard Power Systems 895.53 Mn 364.27 Mn 5.64 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 16.80 Mn
Dec 31, 2025 16.80 Mn
Dec 31, 2025 16.80 Mn
Sep 30, 2025 -404,000.00
Sep 30, 2025 -404,000.00
Sep 30, 2025 -404,000.00
Jun 30, 2025 427,000.00
Jun 30, 2025 427,000.00
Jun 30, 2025 427,000.00
Mar 31, 2025 1.79 Mn
Mar 31, 2025 1.79 Mn
Mar 31, 2025 1.79 Mn
Dec 31, 2024 500,000.00
Dec 31, 2024 500,000.00
Dec 31, 2024 500,000.00
Sep 30, 2024 69,000.00
Sep 30, 2024 69,000.00
Sep 30, 2024 69,000.00
Jun 30, 2024 9.60 Mn
Jun 30, 2024 9.60 Mn