Ballard Power Systems (BLDP) Receivables - Net (2009 - 2025)
Ballard Power Systems (BLDP) reported Receivables - Net of $24.2 million for Q4 2025, down 24.33% year-over-year from $32.0 million in Q4 2024, and down 24.33% quarter-over-quarter from $32.0 million in Q4 2024.
Ballard Power Systems (BLDP) Receivables - Net (2009 - 2025) Analysis & Trends
Ballard Power Systems (BLDP) has 16 years of Receivables - Net data on file, last reported at $24.2 million in Q4 2025.
- Receivables - Net for Q4 2025 came in at $24.2 million, down 24.33% year-over-year; the trailing twelve-month figure through Dec 2025 was $24.2 million (down 24.33% YoY), and the FY2025 annual result was $24.2 million, down 24.33% from the prior year.
- Receivables - Net slipped to $24.2 million in Q4 2025 per BLDP's latest filing, from $32.0 million in the prior quarter.
- Over five years, Receivables - Net peaked at $58.6 million in Q4 2023 and troughed at $24.2 million in Q4 2025.
- A 5-year average of $42.0 million and a median of $46.4 million in 2021 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2023 and 2024: Receivables - Net gained 20.27% in 2023, then tumbled 45.39% in 2024.
- A 5-year view of Receivables - Net shows it stood at $46.4 million in 2021, then grew by 4.96% to $48.7 million in 2022, then rose by 20.27% to $58.6 million in 2023, then plunged by 45.39% to $32.0 million in 2024, then decreased by 24.33% to $24.2 million in 2025.
- Business Quant data shows BLDP's Receivables - Net at $24.2 million in Q4 2025, $32.0 million in Q4 2024, and $58.6 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn |
| 10 | EnerSys | 8.48 Bn | 8.04 Bn | 290.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 24.20 Mn |
| Dec 31, 2025 | 24.20 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Dec 31, 2024 | 31.98 Mn |
| Dec 31, 2023 | 58.57 Mn |
| Dec 31, 2023 | 58.57 Mn |
| Dec 31, 2022 | 48.70 Mn |
| Dec 31, 2022 | 48.70 Mn |
| Dec 31, 2021 | 46.40 Mn |
| Dec 31, 2021 | 46.40 Mn |
| Dec 31, 2020 | 56.80 Mn |
| Dec 31, 2020 | 56.80 Mn |
| Dec 31, 2019 | 49.32 Mn |
| Dec 31, 2019 | 49.32 Mn |
| Dec 31, 2018 | 38.52 Mn |
| Dec 31, 2018 | 38.52 Mn |
| Dec 31, 2017 | 1.42 Mn |
| Dec 31, 2017 | 1.42 Mn |
| Dec 31, 2016 | 14.92 Mn |
| Dec 31, 2016 | 14.92 Mn |