Plug Power Inc. (BMV:PLUG)
Mexico flag Mexico · Delayed Price · Currency is MXN
31.45
+0.55 (1.78%)
At close: Mar 2, 2026

Plug Power Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Revenue
706.53618.23880.5698.59501.55
Other Revenue
3.3910.5910.842.850.79
Revenue
709.92628.81891.34701.44502.34
Revenue Growth (YoY)
12.90%-29.45%27.07%39.63%-
Cost of Revenue
976.571,2051,313869601.66
Gross Profit
-266.65-576.35-421.45-167.56-99.32
Selling, General & Admin
379.57376.11422.47363.93179.85
Research & Development
57.9677.23113.7599.5864.76
Other Operating Expenses
-24.6148.5496.0526.871.99
Operating Expenses
412.92540.18632.26490.31316.6
Operating Income
-679.57-1,117-1,054-657.86-415.92
Interest Expense
-65.13-46.62-45.2-39.04-43.23
Interest & Investment Income
19.4330.7255.8337.264.04
Earnings From Equity Investments
-55.06-32.18-41.79-20.17-5.7
Other Non Operating Income (Expenses)
-93.67-23.39-0.13-1.14-0.61
EBT Excluding Unusual Items
-874-1,188-1,085-680.94-461.42
Merger & Restructuring Charges
-25.86-8.15---
Impairment of Goodwill
---249.5--
Gain (Loss) on Sale of Investments
--3-1.39-19.556.66
Asset Writedown
-785.44-908.02-10.29-5.22-10.22
Other Unusual Items
-8.02-0.43-30.02-17.45-11.18
Pretax Income
-1,693-2,108-1,376-723.17-476.16
Income Tax Expense
0.36-2.69-7.360.84-16.2
Earnings From Continuing Operations
-1,694-2,105-1,369-724.01-459.97
Minority Interest in Earnings
62.070.2---
Net Income
-1,632-2,105-1,369-724.01-459.97
Net Income to Common
-1,632-2,105-1,369-724.01-459.97
Shares Outstanding (Basic)
1,147785595580558
Shares Outstanding (Diluted)
1,149785595580558
Shares Change (YoY)
46.37%31.83%2.72%3.86%57.33%
EPS (Basic)
-1.42-2.68-2.30-1.25-0.82
EPS (Diluted)
-1.42-2.68-2.30-1.25-0.82
Free Cash Flow
-661.48-1,063-1,803-1,292-550.51
Free Cash Flow Per Share
-0.58-1.35-3.03-2.23-0.99
Gross Margin
-37.56%-91.66%-47.28%-23.89%-19.77%
Operating Margin
-95.73%-177.56%-118.22%-93.79%-82.80%
Profit Margin
-229.83%-334.71%-153.57%-103.22%-91.56%
Free Cash Flow Margin
-93.18%-169.03%-202.25%-184.26%-109.59%
EBITDA
-635.01-1,032-982.62-606.27-392.56
EBITDA Margin
-89.45%-164.11%-110.24%-86.43%-78.14%
D&A For EBITDA
44.5684.5671.0851.623.37
EBIT
-679.57-1,117-1,054-657.86-415.92
EBIT Margin
-95.73%-177.56%-118.22%-93.79%-82.80%
Revenue as Reported
709.92628.81891.34701.44502.34
Source: S&P Global Market Intelligence. Standard template. Financial Sources.