Plug Power Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Cash & Equivalents	165.9	205.69	135.03	690.63	2,481	1,312	Upgrade
Short-Term Investments	-	-	-	1,468	1,388	-	Upgrade
Cash & Short-Term Investments	165.9	205.69	135.03	2,158	3,870	1,312	Upgrade
Cash Growth	76.60%	52.33%	-93.74%	-44.22%	194.84%	840.82%	Upgrade
Accounts Receivable	192.98	251.3	370.06	191.91	131.31	58.39	Upgrade
Other Receivables	-	31.3	-	3	3.7	-	Upgrade
Receivables	192.98	282.6	370.06	194.91	135.01	58.39	Upgrade
Inventory	555.09	682.64	961.25	645.64	269.16	139.39	Upgrade
Prepaid Expenses	87.66	108.55	104.07	147.39	56.19	28.97	Upgrade
Restricted Cash	189.26	198.01	216.55	158.96	118.63	64.04	Upgrade
Total Current Assets	1,191	1,477	1,787	3,305	4,449	1,603	Upgrade
Property, Plant & Equipment	1,121	1,136	1,893	1,134	500.65	197.29	Upgrade
Long-Term Investments	43.26	85.49	63.78	31.25	12.89	1	Upgrade
Goodwill	-	-	-	248.61	220.44	72.39	Upgrade
Other Intangible Assets	77.95	84.66	188.89	207.73	158.21	39.25	Upgrade
Long-Term Accounts Receivable	22.41	23.96	29.74	41.83	0.12	2.84	Upgrade
Other Long-Term Assets	648.86	795.01	939.94	795.74	609.24	335.32	Upgrade
Total Assets	3,105	3,603	4,903	5,764	5,950	2,251	Upgrade
Accounts Payable	162.22	180.97	257.83	191.9	92.31	50.2	Upgrade
Accrued Expenses	122.36	83.11	116.76	103.34	72.5	46.08	Upgrade
Current Portion of Long-Term Debt	344.55	136.72	76.72	60.54	52.75	50.09	Upgrade
Current Portion of Leases	84.85	89.68	83.16	60.54	40.08	23.23	Upgrade
Current Unearned Revenue	88.17	144.09	204.14	131.81	116.38	43.34	Upgrade
Other Current Liabilities	100.36	113.93	226.19	87.15	46.54	9.42	Upgrade
Total Current Liabilities	902.52	748.49	964.8	635.28	420.55	222.37	Upgrade
Long-Term Debt	332.55	522.19	473.27	454.44	504.53	368.65	Upgrade
Long-Term Leases	229.48	330.04	335.7	323.21	212.79	119.95	Upgrade
Long-Term Unearned Revenue	34.09	58.53	84.16	98.09	66.71	32.94	Upgrade
Other Long-Term Liabilities	107.49	135.83	146.68	193.05	139.8	40.45	Upgrade
Total Liabilities	1,606	1,795	2,005	1,704	1,344	784.36	Upgrade
Common Stock	12.19	9.34	6.25	6.08	5.95	4.74	Upgrade
Additional Paid-In Capital	8,887	8,431	7,495	7,297	7,071	3,447	Upgrade
Retained Earnings	-7,380	-6,594	-4,490	-3,121	-2,397	-1,946	Upgrade
Treasury Stock	-105.8	-108.8	-106.27	-96.26	-72.53	-40.43	Upgrade
Comprehensive Income & Other	3.78	-2.5	-6.8	-26	-1.53	2.45	Upgrade
Total Common Equity	1,417	1,734	2,898	4,060	4,606	1,467	Upgrade
Minority Interest	81.99	73.62	-	-	-	-	Upgrade
Shareholders' Equity	1,499	1,808	2,898	4,060	4,606	1,467	Upgrade
Total Liabilities & Equity	3,105	3,603	4,903	5,764	5,950	2,251	Upgrade
Total Debt	991.43	1,079	968.85	898.73	810.15	561.93	Upgrade
Net Cash (Debt)	-825.53	-872.94	-833.82	1,260	3,059	750.48	Upgrade
Net Cash Growth	-	-	-	-58.83%	307.66%	-	Upgrade
Net Cash Per Share	-0.80	-1.11	-1.40	2.17	5.48	2.12	Upgrade
Filing Date Shares Outstanding	1,373	925.18	684.26	593.39	577.86	568.32	Upgrade
Total Common Shares Outstanding	1,201	913.9	606.14	590.35	577.65	458.05	Upgrade
Working Capital	288.37	729	822.17	2,670	4,028	1,381	Upgrade
Book Value Per Share	1.18	1.90	4.78	6.88	7.97	3.20	Upgrade
Tangible Book Value	1,339	1,649	2,709	3,604	4,227	1,355	Upgrade
Tangible Book Value Per Share	1.12	1.80	4.47	6.10	7.32	2.96	Upgrade
Land	-	5.6	6.05	1.77	1.17	1.17	Upgrade
Machinery	-	343.09	77.11	48.15	-	-	Upgrade
Construction In Progress	-	502.94	1,110	575.14	169.42	15.59	Upgrade
Leasehold Improvements	-	15.63	95.23	21.36	2.1	1.12	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.