Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
3.950
-0.170 (-4.13%)
At close: May 29, 2026, 4:00 PM EDT
3.940
-0.010 (-0.25%)
After-hours: May 29, 2026, 7:59 PM EDT
Plug Power Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
| 739.76 | 709.92 | 628.81 | 891.34 | 701.44 | 502.34 | |
Revenue Growth (YoY) | 15.19% | 12.90% | -29.45% | 27.07% | 39.63% | - |
Cost of Revenue | 929.54 | 951.96 | 1,254 | 1,399 | 895.8 | 673.65 |
Gross Profit | -189.79 | -242.04 | -624.89 | -507.79 | -194.36 | -171.31 |
Selling, General & Admin | 368.94 | 379.57 | 376.11 | 422.47 | 363.93 | 179.85 |
Research & Development | 52.72 | 57.96 | 77.23 | 113.75 | 99.58 | 64.76 |
Other Operating Expenses | 786.98 | 787.82 | 941.62 | 299.52 | 21.69 | 21.4 |
Total Operating Expenses | 1,209 | 1,225 | 1,395 | 835.73 | 485.19 | 266.01 |
Operating Income | -1,398 | -1,467 | -2,020 | -1,344 | -679.55 | -437.32 |
Interest Income | 18.12 | 19.43 | 30.72 | 55.83 | 37.26 | 4.04 |
Interest Expense | -70.99 | -65.13 | -46.62 | -45.2 | -39.04 | -43.23 |
Other Non-Operating Income (Expense) | -6.13 | -177.83 | -71.84 | -43.3 | -41.9 | 0.35 |
Total Non-Operating Income (Expense) | -59 | -223.53 | -87.75 | -32.67 | -43.68 | -38.84 |
Pretax Income | -1,742 | -1,693 | -2,108 | -1,376 | -723.17 | -476.16 |
Provision for Income Taxes | -0.4 | -0.36 | 2.69 | 7.36 | -0.84 | 16.2 |
Net Income | -1,680 | -1,632 | -2,105 | -1,369 | -724.01 | -459.97 |
Minority Interest in Earnings | -62.6 | -62.07 | -0.2 | - | - | - |
Net Income to Common | -1,680 | -1,632 | -2,105 | -1,369 | -724.01 | -459.97 |
Shares Outstanding (Basic) | 1,257 | 1,147 | 785 | 595 | 580 | 558 |
Shares Outstanding (Diluted) | 1,257 | 1,147 | 785 | 595 | 580 | 558 |
Shares Change (YoY) | 46.02% | 46.07% | 31.83% | 2.72% | 3.86% | 57.33% |
EPS (Basic) | -1.38 | -1.42 | -2.68 | -2.30 | -1.25 | -0.82 |
EPS (Diluted) | -1.38 | -1.42 | -2.68 | -2.30 | -1.25 | -0.82 |
Shares Outstanding | 1,395 | 1,393 | 913.9 | 606.14 | 590.35 | 577.66 |
Free Cash Flow | -653.43 | -647 | -1,016 | -1,772 | -1,265 | -502.34 |
Free Cash Flow Per Share | -0.52 | -0.56 | -1.29 | -2.98 | -2.18 | -0.90 |
Gross Margin | -25.66% | -34.09% | -99.38% | -56.97% | -27.71% | -34.10% |
Operating Margin | -189.04% | -206.70% | -321.21% | -150.73% | -96.88% | -87.06% |
Profit Margin | -227.13% | -229.83% | -334.71% | -153.57% | -103.22% | -91.56% |
FCF Margin | -88.33% | -91.14% | -161.53% | -198.78% | -180.38% | -100.00% |
EBITDA | -1,361 | -1,423 | -1,935 | -1,272 | -627.19 | -414.02 |
EBITDA Margin | -183.95% | -200.42% | -307.77% | -142.76% | -89.41% | -82.42% |
EBIT | -1,398 | -1,467 | -2,020 | -1,344 | -679.55 | -437.32 |
EBIT Margin | -189.04% | -206.70% | -321.21% | -150.73% | -96.88% | -87.06% |
Effective Tax Rate | 0.02% | 0.02% | -0.13% | -0.54% | 0.12% | -3.40% |