Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.110
-0.125 (-10.12%)
At close: Nov 13, 2026, 4:00 PM EST
1.110
0.00 (0.00%)
After-hours: Nov 13, 2026, 4:23 PM EST
Plug Power Financials Overview
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 | Sep '26 Sep 30, 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 |
Revenue Revenue Growth | 767.63 | 709.92 | 628.81 | 891.34 | 701.44 | 502.34 |
Revenue Growth | 13.53% | 12.90% | -29.45% | 27.07% | 39.63% | - |
Gross Profit Gross Profit Growth | -75.39 | -266.65 | -576.35 | -421.45 | -167.56 | -99.32 |
Operating Income Operating Income Growth | -381.82 | -719.76 | -1,117 | -1,056 | -657.86 | -415.92 |
Net Income Net Income Growth | -1,180 | -1,632 | -2,105 | -1,369 | -724.01 | -459.97 |
Earnings Per Share EPS Growth | -0.85 | -1.42 | -2.68 | -2.30 | -1.25 | -0.82 |
EPS Growth | - | - | - | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Sales of Fuel Cell Systems Sales of Fuel Cell Systems Growth | 75.06 | 54.01 | 52.11 | 181.17 | 207.69 | 225.23 |
Sales of Hydrogen Infrastructure Sales of Hydrogen Infrastructure Growth | 72.72 | 26.75 | 69.12 | 183.61 | 141.53 | 135.06 |
Sales of Electrolyzers Sales of Electrolyzers Growth | 147.4 | 187.78 | 135.5 | 82.61 | 28.46 | 16.67 |
Sales of Engineered Equipment Sales of Engineered Equipment Growth | 7.02 | 6.85 | 22.09 | 32.36 | 93.49 | 7.57 |
Sales of Cryogenic Equipment Sales of Cryogenic Equipment Growth | 76.1 | 95.69 | 111.51 | 231.69 | 87.76 | 8.26 |
Power Purchase Agreements Power Purchase Agreements Growth | 117.06 | 107.57 | 77.84 | 63.73 | 47.18 | 35.15 |
Services Performed on Fuel Cell Systems and Related Infrastructure Services Performed on Fuel Cell Systems and Related Infrastructure Growth | 122.31 | 94.46 | 52.17 | 39.09 | 35.28 | 26.71 |
Fuel Delivered To Customers and Related Equipment Fuel Delivered To Customers and Related Equipment Growth | 147.02 | 133.41 | 97.88 | 66.25 | 57.2 | 46.92 |
Other Products/Services Other Products/Services Growth | 2.96 | 3.39 | 10.59 | 10.84 | 2.85 | 0.79 |
Revenue (Total) Revenue (Total) Growth | 767.63 | 709.92 | 628.81 | 891.34 | 701.44 | 502.34 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Cash & Investments Cash & Investments Growth | 144.33 | 378.74 | 205.69 | 135.03 | 2,158 | 3,870 |
Total Debt Total Debt Growth | 888.48 | 997.17 | 1,079 | 968.85 | 898.73 | 810.15 |
Net Cash (Debt) Net Cash Growth | -744.15 | -618.43 | -872.94 | -833.82 | 1,260 | 3,059 |
Net Cash Growth | - | - | - | - | -58.83% | 307.66% |
Net Cash Per Share Net Cash Per Share Growth | -0.54 | -0.54 | -1.11 | -1.40 | 2.17 | 5.48 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | -469.17 | -535.84 | -728.64 | -1,107 | -828.62 | -358.18 |
Capital Expenditures CapEx Growth | -62.64 | -125.64 | -334.25 | -696.13 | -463.87 | -192.34 |
Free Cash Flow Free Cash Flow Growth | -531.81 | -661.48 | -1,063 | -1,803 | -1,292 | -550.51 |
Free Cash Flow Growth | - | - | - | - | - | - |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Gross Margin | -9.82% | -37.56% | -91.66% | -47.28% | -23.89% | -19.77% |
Operating Margin | -49.74% | -101.39% | -177.56% | -118.49% | -93.79% | -82.80% |
Pretax Margin | -161.68% | -238.52% | -335.17% | -154.40% | -103.10% | -94.79% |
Profit Margin | -153.68% | -229.83% | -334.71% | -153.57% | -103.22% | -91.56% |
FCF Margin | -69.28% | -93.18% | -169.03% | -202.25% | -184.26% | -109.59% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 13, 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 |
PS Ratio | 2.01 | 3.81 | 3.09 | 3.06 | 10.28 | 32.39 |