Plug Power Inc. (PLUG)

Plug Power Balance Sheet

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

Assets

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Cash & Equivalents	161.89	223.19	368.54	165.9	140.74	295.84	205.69	93.94	62.36	172.87	135.03	110.81	579.42	474.86	690.63	1,748	2,256	2,496	2,481	3,372
Short-Term Investments	10.2	10.2	10.2	-	-	-	-	-	-	-	-	456.59	505.4	1,168	1,468	949.56	850.25	947.05	1,388	900.42
Cash & Short-Term Investments	172.09	233.39	378.74	165.9	140.74	295.84	205.69	93.94	62.36	172.87	135.03	567.4	1,085	1,643	2,158	2,697	3,106	3,443	3,870	4,272
Cash Growth (YoY)	22.28%	-21.11%	84.13%	76.60%	125.69%	71.13%	52.33%	-83.44%	-94.25%	-89.48%	-93.74%	-78.96%	-65.08%	-52.27%	-44.22%	-36.87%	-31.33%	-27.59%	194.84%	853.36%
Accounts Receivable	229.04	211.61	240.03	192.98	236.46	236.47	251.3	312.72	322.76	278.82	370.06	275.57	315.15	226.73	191.91	145.87	100.46	95.97	131.31	141.65
Other Receivables	3.8	39.2	-	-	-	-	31.3	-	-	-	-	2.1	2.4	2.4	3	3	3.4	3.3	3.7	4.9
Receivables	232.84	250.81	240.03	192.98	236.46	236.47	282.6	312.72	322.76	278.82	370.06	277.67	317.55	229.13	194.91	148.87	103.86	99.27	135.01	146.55
Inventory	493.45	516.15	520.97	555.09	643.93	693.47	682.64	885.76	939.53	975.9	961.25	1,024	904.29	775.65	645.64	516.28	429.55	333.38	269.16	229.81
Prepaid Expenses	92.44	90.75	83.79	87.66	113.44	112.07	108.55	124.82	124.92	119.37	104.07	144.81	137.14	153.42	147.39	132.51	108.45	84.46	56.19	48.56
Restricted Cash	155.52	183.69	186.75	189.26	195.44	196.06	198.01	216.77	222.85	219.62	216.55	225.82	173.45	175.98	158.96	156.69	146.01	140.12	118.63	90.69
Total Current Assets	1,146	1,275	1,410	1,191	1,330	1,534	1,477	1,634	1,672	1,767	1,787	2,240	2,617	2,977	3,305	3,652	3,894	4,100	4,449	4,788
Property, Plant & Equipment	437.3	449.76	508.06	1,121	1,180	1,147	1,136	1,948	1,941	1,899	1,893	1,712	1,515	1,303	1,134	968.75	717.11	594.23	500.65	359.53
Long-Term Investments	50.71	45.61	46.91	43.26	46.2	85.1	85.49	92.77	96.81	66.69	63.78	78.87	63.46	67.35	31.25	41.16	37.01	41.31	12.89	-
Goodwill	-	-	-	-	-	-	-	-	-	-	-	248.02	249.97	249.87	248.61	230.72	235.03	232.03	220.44	71.86
Other Intangible Assets	27.29	28.23	29.23	77.95	81.04	82.78	84.66	175.01	178.34	183.33	188.89	193.18	199.08	203.74	207.73	195.65	204.21	212.41	158.21	37.64
Long-Term Accounts Receivable	18.49	24.31	24.14	22.41	23.13	23.84	23.96	30.33	29.53	30.38	29.74	29.07	26.08	25.42	41.83	20.49	0.18	0.07	0.12	-
Other Long-Term Assets	512.44	545.49	575.97	648.86	692.95	760.75	795.01	844.74	862.21	901.01	939.94	951.18	912.85	827.55	795.74	750.39	646.79	623.86	609.24	483.07
Total Assets	2,193	2,368	2,595	3,105	3,354	3,633	3,603	4,725	4,780	4,847	4,903	5,452	5,583	5,654	5,764	5,859	5,734	5,804	5,950	5,740

Liabilities

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Accounts Payable	144.26	144.25	168.74	162.22	152.06	191.61	180.97	207.22	253.72	285.55	257.83	292.93	220.47	188.15	191.9	199.87	146.17	78.71	92.31	68.38
Accrued Expenses	105.43	112	113.52	122.36	105.17	98.33	82.98	91.02	95.93	106.74	116.76	91.6	102.5	136.41	103.34	157.48	98.34	64.97	72.5	52.65
Current Portion of Long-Term Debt	57.98	69.31	72.41	344.55	291.62	142.34	136.72	144.7	79.77	78.49	76.72	77.65	72.41	65.13	60.54	50.84	44.68	44.66	52.75	57.41
Current Portion of Leases	65.72	73.28	88.3	84.85	86.63	89.57	89.68	77.8	85.46	84.33	83.16	81.58	70.28	64.95	60.54	53.92	46.62	43.03	40.08	27.72
Current Unearned Revenue	60.3	68.51	66.74	88.17	107.06	137.57	144.09	132.35	174.83	179.9	204.14	176.61	165.11	137.36	131.81	108.03	60.32	92.68	116.38	52.16
Other Current Liabilities	60.18	73.36	100.87	100.36	93.22	128.97	114.05	133.86	119.91	176.44	226.19	210.22	197.05	85.55	87.15	29.27	31.65	34.28	46.54	11.63
Total Current Liabilities	493.88	540.71	610.59	902.52	835.77	788.39	748.49	786.95	809.61	911.44	964.8	930.59	827.82	677.54	635.28	599.39	427.77	358.33	420.55	269.94
Long-Term Debt	735.39	677.56	562.42	332.55	363.93	504.71	522.19	429.81	448.99	468.14	473.27	476.52	485.06	463.05	454.44	496.32	492.95	501.54	504.53	472.71
Long-Term Leases	177.86	190.03	274.04	229.48	249.79	250.11	330.04	276.33	301.82	319.18	335.7	337.2	342.77	328.79	323.21	294.54	237.93	228.96	212.79	172.05
Long-Term Unearned Revenue	26.15	29.62	34.2	34.09	40.62	43.36	58.53	59.53	71.02	75.9	84.16	76.98	86.62	82.79	98.09	81.12	67.39	62.5	66.71	63.4
Other Long-Term Liabilities	172	156.39	110	107.49	99.71	114.26	135.83	142.94	159.83	143.52	146.68	121.55	101.92	180.27	193.05	163.86	169.79	176.24	139.8	55.11
Total Liabilities	1,605	1,594	1,591	1,606	1,590	1,701	1,795	1,696	1,791	1,918	2,005	1,943	1,844	1,732	1,704	1,635	1,396	1,328	1,344	1,033

Shareholders' Equity

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Common Stock	13.98	13.96	13.94	12.19	11.66	9.98	9.34	9	8.07	7.06	6.25	6.24	6.2	6.12	6.08	5.99	5.96	5.95	5.95	5.93
Additional Paid-In Capital	9,228	9,207	9,186	8,887	8,789	8,752	8,431	8,389	8,137	7,823	7,495	7,456	7,410	7,361	7,297	7,245	7,163	7,116	7,071	6,978
Retained Earnings	-8,660	-8,471	-8,226	-7,380	-7,018	-6,791	-6,594	-5,259	-5,048	-4,786	-4,490	-3,847	-3,564	-3,327	-3,121	-2,897	-2,727	-2,553	-2,397	-2,204
Treasury Stock	-3.1	-2.98	-2.95	-105.8	-105.3	-108.84	-108.8	-107.95	-106.87	-106.55	-106.27	-104.18	-99.22	-98.85	-96.26	-95.34	-75.19	-73.99	-72.53	-71.17
Comprehensive Income & Other	2.45	3.44	6.8	3.78	3.48	-5.23	-2.5	-1.63	-1.95	-9.08	-6.8	-1.62	-13.76	-19.03	-26	-35.03	-28.99	-18.46	-1.53	-2.34
Total Common Equity	581.75	749.81	978.07	1,417	1,681	1,857	1,734	3,029	2,989	2,929	2,898	3,509	3,739	3,922	4,060	4,224	4,339	4,476	4,606	4,707
Minority Interest	5.54	24.08	25.25	81.99	82.89	75.39	73.62	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholders' Equity	587.29	773.89	1,003	1,499	1,764	1,933	1,808	3,029	2,989	2,929	2,898	3,509	3,739	3,922	4,060	4,224	4,339	4,476	4,606	4,707
Total Liabilities & Equity	2,193	2,368	2,595	3,105	3,354	3,633	3,603	4,725	4,780	4,847	4,903	5,452	5,583	5,654	5,764	5,859	5,734	5,804	5,950	5,740

Additional Metrics

Fiscal Quarter	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021
Period Ending	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021
Total Debt	1,037	1,010	997.17	991.43	991.97	986.73	1,079	928.63	916.05	950.13	968.85	972.94	970.52	921.92	898.73	895.61	822.18	818.18	810.15	729.88
Net Cash (Debt)	-864.86	-776.78	-618.43	-825.53	-851.24	-690.88	-872.94	-834.69	-853.69	-777.26	-833.82	-405.54	114.3	721.23	1,260	1,802	2,284	2,624	3,059	3,542
Net Cash Growth (YoY)	-	-	-	-	-	-	-	-	-	-	-	-	-95.00%	-72.52%	-58.83%	-49.14%	-40.17%	-35.77%	307.66%	-
Net Cash Per Share	-0.62	-0.56	-0.46	-0.71	-0.76	-0.73	-0.97	-0.97	-1.16	-1.21	-1.39	-0.68	0.19	1.22	2.16	3.12	3.95	4.54	5.30	6.17
Filing Date Shares Outstanding	1,397	1,394	1,394	1,373	1,155	1,058	925.18	911.2	879.64	742.56	684.26	605.5	601.97	600.54	593.39	582.9	578.7	578.1	577.86	576.36
Total Common Shares Outstanding	1,397	1,395	1,393	1,201	1,147	977.35	913.9	880.45	787.63	686.36	606.14	605.39	601.8	593.71	590.35	580.76	578.5	578.06	577.65	576.05
Working Capital	652.45	734.08	799.68	288.37	494.23	745.53	729	847.08	862.81	855.13	822.17	1,309	1,789	2,300	2,670	3,052	3,466	3,742	4,028	4,518
Book Value Per Share	0.42	0.54	0.70	1.18	1.47	1.90	1.90	3.44	3.79	4.27	4.78	5.80	6.21	6.61	6.88	7.27	7.50	7.74	7.97	8.17
Tangible Book Value	554.46	721.58	948.84	1,339	1,600	1,774	1,649	2,854	2,810	2,746	2,709	3,068	3,290	3,468	3,604	3,797	3,899	4,032	4,227	4,597
Tangible Book Value Per Share	0.40	0.52	0.68	1.12	1.39	1.82	1.80	3.24	3.57	4.00	4.47	5.07	5.47	5.84	6.10	6.54	6.74	6.97	7.32	7.98
Land	-	-	6.15	-	-	-	5.6	5.85	5.71	5.95	6.05	5.88	6.19	1.77	1.77	1.17	1.17	1.17	1.17	1.17
Buildings	-	-	-	-	-	-	-	-	104.65	96.85	-	87.52	47.19	-	-	-	-	-	-	-
Machinery	-	-	165.51	-	-	-	383.96	370.1	364.7	351.39	77.11	-	-	-	48.15	-	-	-	-	-
Construction In Progress	-	-	124.73	-	-	-	502.94	930.51	891.61	852.56	1,110	934.02	821.35	697.46	575.14	473.43	332.98	235.55	169.42	100.14
Leasehold Improvements	-	-	8.72	-	-	-	15.63	97.02	-	-	95.23	-	-	40.55	21.36	18.21	2.9	2.65	2.1	1.44

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 10, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 5, 2026

Data Sources Report a data error