Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
1.810
+0.020 (1.12%)
At close: Mar 2, 2026, 4:00 PM EST
1.940
+0.130 (7.18%)
Pre-market: Mar 3, 2026, 6:09 AM EST

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
United States Revenue
535.94M428.22M
United States Revenue Growth
25.16%-42.25%
Other Foreign Countries Revenue
173.98M200.60M
Other Foreign Countries Revenue Growth
-13.27%33.87%
Revenue (Total)
709.92M628.81M
Revenue (Total) Growth
12.90%-29.45%

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Sales of Fuel Cell Systems Revenue
54.01M52.11M
Sales of Fuel Cell Systems Revenue Growth
3.65%-71.24%
Sales of Hydrogen Infrastructure Revenue
26.75M69.12M
Sales of Hydrogen Infrastructure Revenue Growth
-61.30%-62.35%
Sales of Electrolyzers Revenue
187.78M135.50M
Sales of Electrolyzers Revenue Growth
38.58%64.03%
Sales of Engineered Equipment Revenue
6.85M22.09M
Sales of Engineered Equipment Revenue Growth
-68.97%-31.73%
Sales of Cryogenic Equipment Revenue
95.69M111.51M
Sales of Cryogenic Equipment Revenue Growth
-14.19%-51.87%
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Revenue
371.08M390.34M
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Revenue Growth
-4.93%-45.13%
Power Purchase Agreements Revenue
107.57M77.84M
Power Purchase Agreements Revenue Growth
38.19%22.14%
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue
94.46M52.17M
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue Growth
81.07%33.45%
Fuel Delivered To Customers and Related Equipment Revenue
133.41M97.88M
Fuel Delivered To Customers and Related Equipment Revenue Growth
36.30%47.75%
Other Products/Services Revenue
3.39M10.59M
Other Products/Services Revenue Growth
-67.95%-2.32%
Revenue (Total)
709.92M628.81M
Revenue (Total) Growth
12.90%-29.45%

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Gross Profit
-106.66M-305.75M
Services Performed on Fuel Cell Systems and Related Infrastructure Gross Profit
24.11M-5.60M
Provision For Loss Contracts Related to Service Gross Profit
24.61M-48.54M
Power Purchase Agreements Gross Profit
-71.16M-139.11M
Fuel Delivered to Customers And Related Equipment Gross Profit
-114.65M-130.95M
Other Products/Services Gross Profit
1.72M5.05M
Other Products/Services Gross Profit Growth
-66.05%17.66%
Gross Profit (Total)
-242.04M-624.89M

Key Performance Indicators

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 Dec '19 Dec '18 Dec '17 Dec '16 Dec '15 Dec '14 Dec '13 Dec '12
GenDrive Units Recognized as Revenue
3.12K
GenDrive Units Recognized as Revenue Growth
-51.20%
Hydrogen Fueling Infrastructure Sites Recognized as Revenue
15.00
Hydrogen Fueling Infrastructure Sites Recognized as Revenue Growth
-71.15%
Average Number of GenDrive Units Under Maintenance Contracts
21.90K
Average Number of GenDrive Units Under Maintenance Contracts Growth
7.68%
Average Number of Units Under Power Purchase Agreements Generating Revenue
31.76K
Average Number of Units Under Power Purchase Agreements Generating Revenue Growth
3.71%
Average Number of Sites Under Power Purchase Agreements
147.00
Average Number of Sites Under Power Purchase Agreements Growth
11.36%
Updated Mar 2, 2026. Data Source: Fiscal.ai.