Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.270
+0.070 (3.18%)
At close: Aug 21, 2026, 4:00 PM EDT
2.288
+0.018 (0.77%)
After-hours: Aug 21, 2026, 7:59 PM EDT
Plug Power Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 & Equivalents | 161.89 | 368.54 | 205.69 | 135.03 | 690.63 | 2,481 |
Short-Term Investments | 10.2 | 10.2 | - | - | 1,468 | 1,388 |
Cash & Short-Term Investments | 172.09 | 378.74 | 205.69 | 135.03 | 2,158 | 3,870 |
Cash Growth | 22.28% | 84.13% | 52.33% | -93.74% | -44.22% | 194.84% |
Accounts Receivable | 229.04 | 240.03 | 251.3 | 370.06 | 191.91 | 131.31 |
Other Receivables | 3.8 | - | 31.3 | - | 3 | 3.7 |
Receivables | 232.84 | 240.03 | 282.6 | 370.06 | 194.91 | 135.01 |
Inventory | 493.45 | 520.97 | 682.64 | 961.25 | 645.64 | 269.16 |
Prepaid Expenses | 92.44 | 83.79 | 108.55 | 104.07 | 147.39 | 56.19 |
Restricted Cash | 155.52 | 186.75 | 198.01 | 216.55 | 158.96 | 118.63 |
Total Current Assets | 1,146 | 1,410 | 1,477 | 1,787 | 3,305 | 4,449 |
Property, Plant & Equipment | 437.3 | 508.06 | 1,136 | 1,893 | 1,134 | 500.65 |
Long-Term Investments | 50.71 | 46.91 | 85.49 | 63.78 | 31.25 | 12.89 |
Goodwill | - | - | - | - | 248.61 | 220.44 |
Other Intangible Assets | 27.29 | 29.23 | 84.66 | 188.89 | 207.73 | 158.21 |
Long-Term Accounts Receivable | 18.49 | 24.14 | 23.96 | 29.74 | 41.83 | 0.12 |
Other Long-Term Assets | 512.44 | 575.97 | 795.01 | 939.94 | 795.74 | 609.24 |
Total Assets | 2,193 | 2,595 | 3,603 | 4,903 | 5,764 | 5,950 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Accounts Payable | 144.26 | 168.74 | 180.97 | 257.83 | 191.9 | 92.31 |
Accrued Expenses | 105.43 | 113.52 | 82.98 | 116.76 | 103.34 | 72.5 |
Current Portion of Long-Term Debt | 57.98 | 72.41 | 136.72 | 76.72 | 60.54 | 52.75 |
Current Portion of Leases | 65.72 | 88.3 | 89.68 | 83.16 | 60.54 | 40.08 |
Current Unearned Revenue | 60.3 | 66.74 | 144.09 | 204.14 | 131.81 | 116.38 |
Other Current Liabilities | 60.18 | 100.87 | 114.05 | 226.19 | 87.15 | 46.54 |
Total Current Liabilities | 493.88 | 610.59 | 748.49 | 964.8 | 635.28 | 420.55 |
Long-Term Debt | 735.39 | 562.42 | 522.19 | 473.27 | 454.44 | 504.53 |
Long-Term Leases | 177.86 | 274.04 | 330.04 | 335.7 | 323.21 | 212.79 |
Long-Term Unearned Revenue | 26.15 | 34.2 | 58.53 | 84.16 | 98.09 | 66.71 |
Other Long-Term Liabilities | 172 | 110 | 135.83 | 146.68 | 193.05 | 139.8 |
Total Liabilities | 1,605 | 1,591 | 1,795 | 2,005 | 1,704 | 1,344 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Common Stock | 13.98 | 13.94 | 9.34 | 6.25 | 6.08 | 5.95 |
Additional Paid-In Capital | 9,228 | 9,186 | 8,431 | 7,495 | 7,297 | 7,071 |
Retained Earnings | -8,660 | -8,226 | -6,594 | -4,490 | -3,121 | -2,397 |
Treasury Stock | -3.1 | -2.95 | -108.8 | -106.27 | -96.26 | -72.53 |
Comprehensive Income & Other | 2.45 | 6.8 | -2.5 | -6.8 | -26 | -1.53 |
Total Common Equity | 581.75 | 978.07 | 1,734 | 2,898 | 4,060 | 4,606 |
Minority Interest | 5.54 | 25.25 | 73.62 | - | - | - |
Shareholders' Equity | 587.29 | 1,003 | 1,808 | 2,898 | 4,060 | 4,606 |
Total Liabilities & Equity | 2,193 | 2,595 | 3,603 | 4,903 | 5,764 | 5,950 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 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 |
Total Debt | 1,037 | 997.17 | 1,079 | 968.85 | 898.73 | 810.15 |
Net Cash (Debt) | -864.86 | -618.43 | -872.94 | -833.82 | 1,260 | 3,059 |
Net Cash Growth | - | - | - | - | -58.83% | 307.66% |
Net Cash Per Share | -0.65 | -0.54 | -1.11 | -1.40 | 2.17 | 5.48 |
Filing Date Shares Outstanding | 1,397 | 1,394 | 925.18 | 684.26 | 593.39 | 577.86 |
Total Common Shares Outstanding | 1,397 | 1,393 | 913.9 | 606.14 | 590.35 | 577.65 |
Working Capital | 652.45 | 799.68 | 729 | 822.17 | 2,670 | 4,028 |
Book Value Per Share | 0.42 | 0.70 | 1.90 | 4.78 | 6.88 | 7.97 |
Tangible Book Value | 554.46 | 948.84 | 1,649 | 2,709 | 3,604 | 4,227 |
Tangible Book Value Per Share | 0.40 | 0.68 | 1.80 | 4.47 | 6.10 | 7.32 |
Land | - | 6.15 | 5.6 | 6.05 | 1.77 | 1.17 |
Machinery | - | 165.51 | 383.96 | 77.11 | 48.15 | - |
Construction In Progress | - | 124.73 | 502.94 | 1,110 | 575.14 | 169.42 |
Leasehold Improvements | - | 8.72 | 15.63 | 95.23 | 21.36 | 2.1 |