Plug Power Inc. (PLUG)
NASDAQ: PLUG · Real-Time Price · USD
2.230
+0.420 (23.20%)
At close: Mar 3, 2026, 4:00 PM EST
2.210
-0.020 (-0.90%)
Pre-market: Mar 4, 2026, 8:24 AM EST
Plug Power Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2016 |
| Operating Revenue | 706.53 | 618.23 | 880.5 | 698.59 | 501.55 | Upgrade
|
| Other Revenue | 3.39 | 10.59 | 10.84 | 2.85 | 0.79 | Upgrade
|
| Revenue | 709.92 | 628.81 | 891.34 | 701.44 | 502.34 | Upgrade
|
| Revenue Growth (YoY) | 12.90% | -29.45% | 27.07% | 39.63% | - | Upgrade
|
| Cost of Revenue | 976.57 | 1,205 | 1,313 | 869 | 601.66 | Upgrade
|
| Gross Profit | -266.65 | -576.35 | -421.45 | -167.56 | -99.32 | Upgrade
|
| Selling, General & Admin | 379.57 | 376.11 | 422.47 | 363.93 | 179.85 | Upgrade
|
| Research & Development | 57.96 | 77.23 | 113.75 | 99.58 | 64.76 | Upgrade
|
| Other Operating Expenses | -12.52 | 51.75 | 96.08 | 26.8 | 71.99 | Upgrade
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| Operating Expenses | 453.11 | 540.2 | 634.67 | 490.31 | 316.6 | Upgrade
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| Operating Income | -719.76 | -1,117 | -1,056 | -657.86 | -415.92 | Upgrade
|
| Interest Expense | -65.13 | -46.62 | -45.2 | -39.04 | -43.23 | Upgrade
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| Interest & Investment Income | 19.43 | 30.72 | 55.83 | 37.26 | 4.04 | Upgrade
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| Earnings From Equity Investments | -55.06 | -32.18 | -41.79 | -20.17 | -5.7 | Upgrade
|
| Currency Exchange Gain (Loss) | -15.2 | 13 | - | - | - | Upgrade
|
| Other Non Operating Income (Expenses) | -78.47 | -36.39 | -0.13 | -1.14 | -0.61 | Upgrade
|
| EBT Excluding Unusual Items | -914.18 | -1,188 | -1,087 | -680.94 | -461.42 | Upgrade
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| Merger & Restructuring Charges | -25.86 | -8.15 | - | - | - | Upgrade
|
| Impairment of Goodwill | - | - | -249.48 | - | - | Upgrade
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| Gain (Loss) on Sale of Investments | - | -3 | -1.39 | -19.55 | 6.66 | Upgrade
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| Asset Writedown | -745.26 | -907.99 | -7.9 | -5.22 | -10.22 | Upgrade
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| Other Unusual Items | -8.02 | -0.43 | -30.02 | -17.45 | -11.18 | Upgrade
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| Pretax Income | -1,693 | -2,108 | -1,376 | -723.17 | -476.16 | Upgrade
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| Income Tax Expense | 0.36 | -2.69 | -7.36 | 0.84 | -16.2 | Upgrade
|
| Earnings From Continuing Operations | -1,694 | -2,105 | -1,369 | -724.01 | -459.97 | Upgrade
|
| Minority Interest in Earnings | 62.07 | 0.2 | - | - | - | Upgrade
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| Net Income | -1,632 | -2,105 | -1,369 | -724.01 | -459.97 | Upgrade
|
| Net Income to Common | -1,632 | -2,105 | -1,369 | -724.01 | -459.97 | Upgrade
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| Shares Outstanding (Basic) | 1,147 | 785 | 595 | 580 | 558 | Upgrade
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| Shares Outstanding (Diluted) | 1,147 | 785 | 595 | 580 | 558 | Upgrade
|
| Shares Change (YoY) | 46.07% | 31.83% | 2.72% | 3.86% | 57.33% | Upgrade
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| EPS (Basic) | -1.42 | -2.68 | -2.30 | -1.25 | -0.82 | Upgrade
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| EPS (Diluted) | -1.42 | -2.68 | -2.30 | -1.25 | -0.82 | Upgrade
|
| Free Cash Flow | -661.48 | -1,063 | -1,803 | -1,292 | -550.51 | Upgrade
|
| Free Cash Flow Per Share | -0.58 | -1.35 | -3.03 | -2.23 | -0.99 | Upgrade
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| Gross Margin | -37.56% | -91.66% | -47.28% | -23.89% | -19.77% | Upgrade
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| Operating Margin | -101.39% | -177.56% | -118.49% | -93.79% | -82.80% | Upgrade
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| Profit Margin | -229.83% | -334.71% | -153.57% | -103.22% | -91.56% | Upgrade
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| Free Cash Flow Margin | -93.18% | -169.03% | -202.25% | -184.26% | -109.59% | Upgrade
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| EBITDA | -675.2 | -1,032 | -985.03 | -606.27 | -392.56 | Upgrade
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| EBITDA Margin | -95.11% | -164.12% | -110.51% | -86.43% | -78.14% | Upgrade
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| D&A For EBITDA | 44.56 | 84.56 | 71.08 | 51.6 | 23.37 | Upgrade
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| EBIT | -719.76 | -1,117 | -1,056 | -657.86 | -415.92 | Upgrade
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| EBIT Margin | -101.39% | -177.56% | -118.49% | -93.79% | -82.80% | Upgrade
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| Revenue as Reported | 709.92 | 628.81 | 891.34 | 701.44 | 502.34 | Upgrade
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Source: S&P Capital IQ. Standard template. Financial Sources.