Plug Power Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	368.54	205.69	135.03	690.63	2,481
Short-Term Investments	-	-	-	1,468	1,388
Cash & Short-Term Investments	368.54	205.69	135.03	2,158	3,870
Cash Growth	79.17%	52.33%	-93.74%	-44.22%	194.84%
Accounts Receivable	134.76	157.24	243.81	129.45	92.68
Other Receivables	105.27	94.05	26.25	62.46	38.64
Total Trade Receivables	240.03	251.3	270.06	191.91	131.31
Inventory	520.97	682.64	961.25	645.64	269.16
Other Current Assets	280.73	337.85	320.62	309.35	178.52
Total Current Assets	1,410	1,477	1,787	3,305	4,449
Net Property, Plant & Equipment	630.99	1,280	1,995	1,223	573.56
Other Intangible Assets	29.23	84.66	188.89	207.73	158.21
Goodwill	-	-	-	248.61	220.44
Long-Term Investments	46.91	85.49	63.78	31.25	12.89
Other Long-Term Assets	477.18	674.9	858.4	748.28	536.46
Total Assets	2,595	3,603	4,903	5,764	5,950
Accounts Payable	168.74	180.97	257.83	191.9	92.31
Accrued Expenses	128.01	103.15	200.54	156.43	79.24
Current Portion of Long-Term Debt	3.21	59.22	2.72	5.14	15.25
Current Portion of Leases	157.5	167.18	157.16	115.94	77.58
Unearned Revenue	66.74	144.09	204.14	131.81	116.38
Other Current Liabilities	86.38	93.89	142.41	34.06	39.8
Total Current Liabilities	610.59	748.49	964.8	635.28	420.55
Long-Term Debt	432.32	322.99	196.47	197.84	305.43
Long-Term Leases	404.14	529.24	612.5	579.81	421.89
Other Long-Term Liabilities	144.2	194.37	230.84	291.14	206.51
Total Long-Term Liabilities	980.67	1,047	1,040	1,069	933.83
Total Liabilities	1,591	1,795	2,005	1,704	1,344
Common Stock	13.94	9.34	6.25	6.08	5.95
Treasury Stock	-2.95	-108.8	-106.27	-96.26	-72.53
Additional Paid-in Capital	9,186	8,431	7,495	7,297	7,071
Accumulated Other Comprehensive Income	6.8	-2.5	-6.8	-26	-1.53
Retained Earnings	-8,226	-6,594	-4,490	-3,121	-2,397
Total Common Shareholders' Equity	978.07	1,734	2,898	4,060	4,606
Minority Interest	25.25	73.62	-	-	-
Shareholders' Equity	1,003	1,808	2,898	4,060	4,606
Total Liabilities & Equity	2,595	3,603	4,903	5,764	5,950
Total Debt	997.17	1,079	968.85	898.73	820.15
Net Cash (Debt)	-628.63	-872.94	-833.82	1,260	3,049
Net Cash Growth	-	-	-	-58.69%	306.33%
Net Cash Per Share	-0.55	-1.11	-1.40	2.17	5.46
Book Value	978.07	1,734	2,898	4,060	4,606
Book Value Per Share	0.85	2.21	4.87	7.00	8.25
Tangible Book Value	948.84	1,649	2,709	3,604	4,227
Tangible Book Value Per Share	0.83	2.10	4.55	6.22	7.57

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.