Plug Power Inc.

Plug Power Inc.

PLUG
Plug Power Inc.US flagNASDAQ Capital Market
2.76
USD
-0.07
- -
3.17BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.62
0.6
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1.42
-1.37
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-0.58
-0.55
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-7.16
-6.9
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.85
0.61
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,147
1,225
Sales/Revenue/Turnover
27
64
103
83
100
174
230
-93
502
701
891
629
710
740
Operating Margin (%)
-108.89
-59.06
-57.12
-62.21
-101.64
-43.88
-20.7
618.44
-82.8
-93.79
-117.13
-171.47
-95.73
-82.65
Depreciation Expense
4
4
3
5
10
13
13
16
23
52
71
85
45
38
Net Income, GAAP
-63
-88
-56
-57
-127
-86
-84
-596
-460
-724
-1,369
-2,105
-1,632
-1,680
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-235.59
-137.77
-53.92
-69.41
-126.89
-49.14
-36.41
639.4
-91.56
-103.22
-153.57
-334.71
-229.83
-227.13
Working Capital
11
167
89
44
4
9
207
526
4,028
2,670
822
729
800
734
LT Debt
3
2
15
51
50
181
437
443
717
778
809
852
836
868
Total Equity
-18
158
125
85
74
3
235
586
4,606
4,060
2,898
1,808
1,003
774
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
429
161
143
LT Borrowings
333
624
678
LT Finance Leases
229
212
190
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,201
1,393
1,395
Market Capitalization
2,509
2,122
2,768

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,191
1,410
1,275
Cash, Cash Equivalents & STI
166
369
223
Accounts Receivable, Net
124
135
107
Inventories
555
521
516
Total Current Liabilities
903
611
541
Payables & Accruals
285
297
257
ST Debt
429
161
143
Deferred Revenue
88
67
69

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
911.72%
112.6%
-44.5%
Free Cash Flow
51.95%
52.62%
-37.77%
Net Income, GAAP
85.63%
30.98%
-22.48%
Sales/Revenue/Turnover
-62.21%
-117.73%
12.9%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
120
143
174
191
629
2025
134
174
177
225
710
2026
164
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.46
-0.36
-0.25
- -
- -
2025
-0.21
-0.2
-0.31
- -
-1.42
2026
-0.18
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Jose Luis Crespo
Full Time Employees
3,224
Sector
Industrials
Industry
Electrical Equipment & Parts
Address
968 Albany Shaker Road Latham NY United States of America 12110
IPO Date
Oct 29, 1999
Business
Plug Power Inc. Plug Power Inc. (PLUG) develops, manufactures, and sells hydrogen fuel cell systems and related solutions to support the global transition to a zero-carbon economy. The company offers an end-to-end green hydrogen ecosystem, including electrolyzers for green hydrogen production; GenKey turnkey solutions bundling fuel cells, hydrogen supply, fueling infrastructure, and service; GenFuel hydrogen supply and dispensing services; GenCare aftermarket maintenance; ProGen fuel cell engines for on-road electric vehicles; stationary power generation systems; and applications for material handling, e-mobility, robotics, aerospace, and data center backup power. Plug Power operates in North America, Europe, Asia, and internationally from its headquarters in Latham, New York, where it was founded in 1997 and became publicly traded in 1999. The company maintains leadership in material handling fuel cells, powering over 275 hydrogen-consuming sites, while expanding into power generation and industrial applications through strategic infrastructure for hydrogen liquefaction, storage, transport, and conversion to electricity. Recent developments include a multi-year hydrogen supply agreement extended through 2030 with a major U.S. industrial gas company to enhance cost efficiency and support network growth in states like Georgia, Tennessee, and Louisiana; a non-binding letter of intent with a U.S. data center developer for hydrogen fuel cell backup power solutions amid rising demand for low-carbon energy; a June 2025 partnership with Allied Green Ammonia for a 2 GW electrolyzer project in Uzbekistan; a $375 million convertible senior notes offering in November 2025 to refinance debt and fund operations alongside a special stockholder meeting for share authorization expansion; suspension of certain U.S. Department of Energy loan-funded projects to redirect capital to higher-return initiatives; and production ramp-up at its Georgia green hydrogen plant, the largest in the U.S. Plug targets $700 million in 2025 revenue through these expansions and margin improvements in the green energy sector.

Company News

MCPAPIChat
  • Plug Power Is Undergoing a Massive Transformation: Here Are 3 Things Investors Need to Know

  • Plug Power Stock Pauses Friday: What's Going On?

  • Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

  • Plug Power Surges 120% in a Year: Should You Buy the Stock or Wait?

  • Plug Power stock just suffered a harsh reversal: buy the dip or sell the rip?

  • Why Plug Power Stock Surged 26% in May But Is Falling Apart Again

  • Clean Energy Stocks Are Trending — Here's Why

  • The Overlooked Fidelity Fund That's Already Up 84% Over Twelve Months on a Forgotten Thesis

  • Plug Power Stock Edges Lower Friday: What Investors Need To Know

  • Kuehn Law Encourages Investors of Plug Power Inc. to Contact Law Firm

  • Kuehn Law Encourages Investors of Plug Power Inc. to Contact Law Firm

  • Buy These Renewable Energy & Battery Stocks Amid Global Energy Crisis

  • Here is What to Know Beyond Why Plug Power, Inc. (PLUG) is a Trending Stock

  • Plug to Webcast Annual Shareholder Meeting on June 11, 2026

  • FuelCell Energy Plunges 10%, Plug Power Falls 6% in Fuel Cell Rout as Bloom Energy Slips

  • Kuehn Law Encourages Investors of Plug Power Inc. to Contact Law Firm

  • Could Plug Power Become the Next Bloom Energy?

  • Plug Power Moves Ahead With Hydrogen Asset Tax Credit Sale

  • Plug Power's Equipment Strength Grows: What's the Road Ahead?

  • Plug Power Strengthens Liquidity Through $44 Million Federal ITC Transfer for St. Gabriel Hydrogen Facility