Ballard Power Systems (BLDP) Receivables (2009 - 2026)
Ballard Power Systems' Receivables came in at $20.44 million for the quarter ended Jun 30, 2026, down 12.7% from $23.42 million a year earlier but up 22.6% from the prior quarter.
Ballard Power Systems (BLDP) Receivables (2009 - 2026) Analysis & Trends
As of Dec 31, 2025, Ballard Power Systems' Receivables was $24.2 million, down 24.3% from the prior year.
- Receivables carries a five-year compound annual growth rate of -15.7% (years ended Dec 2020 to Dec 2025).
- Going back by year, Receivables was $31.98 million in the year ended Dec 31, 2024 (-45.4%), $58.57 million in the year ended Dec 31, 2023 (+20.3%), $48.7 million in the year ended Dec 31, 2022 (+5.0%) and $46.4 million in the year ended Dec 31, 2021 (-18.3%).
- The five-year range for quarterly Receivables is -$6.58 million (the quarter ended Sep 30, 2023) to $58.57 million (the quarter ended Dec 31, 2023).
- Year-over-year, Receivables increased in three of the last seven quarters, with growth averaging 42.3%.
- The fastest year-over-year change in Receivables over five years came in the quarter ended Mar 31, 2026 (growth of 342.5%), and the weakest in the quarter ended Mar 31, 2025 (a decline of 75.6%).
- Business Quant data shows BLDP's Receivables at $16.68 million (quarter ended Mar 31, 2026), $24.2 million (quarter ended Dec 31, 2025) and $32.43 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 20.62 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 823.59 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 1.76 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 820.54 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 1.05 Bn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 669.20 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 543.79 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 308.42 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 267.40 Mn |
| 10 | Ballard Power Systems | 457.74 Mn | -1.63 Bn | 4.08 Mn | 20.44 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.44 Mn |
| Mar 31, 2026 | 16.68 Mn |
| Dec 31, 2025 | 24.20 Mn |
| Sep 30, 2025 | 32.43 Mn |
| Jun 30, 2025 | 23.42 Mn |
| Mar 31, 2025 | 28.12 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Sep 30, 2024 | 30.71 Mn |
| Jun 30, 2024 | 39.33 Mn |
| Mar 31, 2024 | 41.53 Mn |
| Dec 31, 2023 | 58.57 Mn |
| Sep 30, 2023 | 44.66 Mn |
| Jun 30, 2023 | 38.61 Mn |
| Mar 31, 2023 | 43.31 Mn |
| Dec 31, 2022 | 48.70 Mn |
| Sep 30, 2022 | 49.54 Mn |
| Jun 30, 2022 | 49.21 Mn |
| Mar 31, 2022 | 47.16 Mn |
| Dec 31, 2021 | 46.40 Mn |
| Sep 30, 2021 | 43.30 Mn |
Ballard Power Systems Receivables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=receivables&ticker=BLDP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "receivables", "ticker": "BLDP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=receivables&ticker=BLDP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();