Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
3.520
+0.400 (12.82%)
At close: May 11, 2026, 4:00 PM EDT
3.900
+0.380 (10.80%)
Pre-market: May 12, 2026, 8:45 AM EDT

Revenue by Geography

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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)
739.76M709.92M628.81M
Revenue (Total) Growth
4.20%12.90%-29.45%

Revenue

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
386.60M371.08M390.34M
Sales of Fuel Cell Systems, Related Infrastructure and Equipment Revenue Growth
4.18%-4.93%-45.13%
Power Purchase Agreements Revenue
110.65M107.57M77.84M
Power Purchase Agreements Revenue Growth
2.86%38.19%22.14%
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue
99.56M94.46M52.17M
Services Performed on Fuel Cell Systems and Related Infrastructure Revenue Growth
5.39%81.07%33.45%
Fuel Delivered To Customers and Related Equipment Revenue
139.75M133.41M97.88M
Fuel Delivered To Customers and Related Equipment Revenue Growth
4.75%36.30%47.75%
Other Products/Services Revenue
3.20M3.39M10.59M
Other Products/Services Revenue Growth
-5.63%-67.95%-2.32%
Revenue (Total)
739.76M709.92M628.81M
Revenue (Total) Growth
4.20%12.90%-29.45%

Gross Profit

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016FY 2015FY 2014FY 2013FY 2012
Period Ending
Mar '26 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
-101.92M-106.66M-305.75M
Services Performed on Fuel Cell Systems and Related Infrastructure Gross Profit
29.25M24.11M-5.60M
Services Performed on Fuel Cell Systems and Related Infrastructure Gross Profit Growth
21.31%--
Provision For Loss Contracts Related to Service Gross Profit
41.31M24.61M-48.54M
Provision For Loss Contracts Related to Service Gross Profit Growth
67.88%--
Power Purchase Agreements Gross Profit
-58.30M-71.16M-139.11M
Fuel Delivered to Customers And Related Equipment Gross Profit
-101.85M-114.65M-130.95M
Other Products/Services Gross Profit
1.72M1.72M5.05M
Other Products/Services Gross Profit Growth
0.35%-66.05%17.66%
Gross Profit (Total)
-189.79M-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 May 11, 2026. Data Source: Fiscal.ai.