Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.075
+0.215 (11.56%)
At close: Feb 6, 2026, 4:00 PM EST
2.080
+0.005 (0.23%)
After-hours: Feb 6, 2026, 7:59 PM EST
Revenue by Geography
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
United States Revenue | - | 428.22M | 741.50M | |||||||||||
United States Revenue Growth | - | -42.25% | 35.82% | |||||||||||
Other Foreign Countries Revenue | - | 200.60M | 149.84M | |||||||||||
Other Foreign Countries Revenue Growth | - | 33.87% | -3.64% | |||||||||||
Revenue (Total) | 676.17M | 628.81M | 891.34M | |||||||||||
Revenue (Total) Growth | 7.53% | -29.45% | 27.07% |
Revenue by Geography 2
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
North America Revenue | - | - | 751.42M | |||||||||||
North America Revenue Growth | - | - | 29.73% | |||||||||||
Europe Revenue | - | - | 112.89M | |||||||||||
Europe Revenue Growth | - | - | 145.24% | |||||||||||
Asia Revenue | - | - | 13.94M | |||||||||||
Asia Revenue Growth | - | - | -72.40% | |||||||||||
Other Geographies Revenue (Post-2021 Reporting) | - | - | 13.09M | |||||||||||
Other Geographies Revenue (Post-2021 Reporting) Growth | - | - | -49.05% | |||||||||||
Revenue (Total) | 676.17M | 628.81M | 891.34M | |||||||||||
Revenue (Total) Growth | 7.53% | -29.45% | 27.07% |
Revenue
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Sales of Fuel Cell Systems Revenue | 54.67M | 52.11M | 181.17M | |||||||||||
Sales of Fuel Cell Systems Revenue Growth | 4.91% | -71.24% | -12.77% | |||||||||||
Sales of Hydrogen Infrastructure Revenue | 49.72M | 69.12M | 183.61M | |||||||||||
Sales of Hydrogen Infrastructure Revenue Growth | -28.07% | -62.35% | 29.73% | |||||||||||
Sales of Electrolyzers Revenue | 180.83M | 135.50M | 82.61M | |||||||||||
Sales of Electrolyzers Revenue Growth | 33.45% | 64.03% | 190.24% | |||||||||||
Sales of Engineered Equipment Revenue | 9.59M | 22.09M | 32.36M | |||||||||||
Sales of Engineered Equipment Revenue Growth | -56.58% | -31.73% | -65.39% | |||||||||||
Sales of Cryogenic Equipment Revenue | 102.76M | 111.51M | 231.69M | |||||||||||
Sales of Cryogenic Equipment Revenue Growth | -7.84% | -51.87% | 164.00% | |||||||||||
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Revenue | 397.56M | 390.34M | 711.43M | |||||||||||
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Revenue Growth | 1.85% | -45.13% | 27.28% | |||||||||||
Power Purchase Agreements Revenue | 90.85M | 77.84M | 63.73M | |||||||||||
Power Purchase Agreements Revenue Growth | 16.71% | 22.14% | 35.07% | |||||||||||
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue | 64.95M | 52.17M | 39.09M | |||||||||||
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue Growth | 24.49% | 33.45% | 10.81% | |||||||||||
Fuel Delivered To Customers and Related Equipment Revenue | 119.69M | 97.88M | 66.25M | |||||||||||
Fuel Delivered To Customers and Related Equipment Revenue Growth | 22.28% | 47.75% | 15.82% | |||||||||||
Other Products/Services Revenue | 3.12M | 10.59M | 10.84M | |||||||||||
Other Products/Services Revenue Growth | -70.52% | -2.32% | 280.38% | |||||||||||
Revenue (Total) | 676.17M | 628.81M | 891.34M | |||||||||||
Revenue (Total) Growth | 7.53% | -29.45% | 27.07% |
Gross Profit
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Gross Profit | -246.91M | -305.75M | -54.14M | |||||||||||
Services Performed on Fuel Cell Systems and Related Infrastructure Gross Profit | -1.59M | -5.60M | -36.32M | |||||||||||
Provision For Loss Contracts Related to Service Gross Profit | -3.99M | -48.54M | -86.35M | |||||||||||
Power Purchase Agreements Gross Profit | -105.55M | -139.11M | -155.21M | |||||||||||
Fuel Delivered to Customers And Related Equipment Gross Profit | -126.10M | -130.95M | -180.07M | |||||||||||
Other Products/Services Gross Profit | 2.11M | 5.05M | 4.29M | |||||||||||
Other Products/Services Gross Profit Growth | -58.25% | 17.66% | 1791.19% | |||||||||||
Gross Profit (Total) | -482.02M | -624.89M | -507.79M |
Key Performance Indicators
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | Dec '18 Dec 31, 2018 | Dec '17 Dec 31, 2017 | Dec '16 Dec 31, 2016 | Dec '15 Dec 31, 2015 | Dec '14 Dec 31, 2014 | Dec '13 Dec 31, 2013 | Dec '12 Dec 31, 2012 |
GenDrive Units Recognized as Revenue | 2.70K | 3.12K | 6.39K | |||||||||||
GenDrive Units Recognized as Revenue Growth | -13.40% | -51.20% | -22.75% | |||||||||||
Hydrogen Fueling Infrastructure Sites Recognized as Revenue | - | 15.00 | 52.00 | |||||||||||
Hydrogen Fueling Infrastructure Sites Recognized as Revenue Growth | - | -71.15% | 18.18% | |||||||||||
Average Number of GenDrive Units Under Maintenance Contracts | - | 21.90K | 20.34K | |||||||||||
Average Number of GenDrive Units Under Maintenance Contracts Growth | - | 7.68% | 4.21% | |||||||||||
Average Number of Units Under Power Purchase Agreements Generating Revenue | - | 31.76K | 30.63K | |||||||||||
Average Number of Units Under Power Purchase Agreements Generating Revenue Growth | - | 3.71% | 21.59% | |||||||||||
Average Number of Sites Under Power Purchase Agreements | - | 147.00 | 132.00 | |||||||||||
Average Number of Sites Under Power Purchase Agreements Growth | - | 11.36% | 45.05% | |||||||||||
Sites Associated with Fuel Contracts | - | - | 250.00 | |||||||||||
Sites Associated with Fuel Contracts Growth | - | - | 27.55% |
Updated Nov 10, 2025. Data Source: Fiscal.ai.