PLUG · Plug Power Inc
$2.07
-0.03 (-1.43%)
At close · Aug 6
Market Cap
$2.89B
Shares
1.40B
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$709.92M
+12.9%
FY2025
Net Income
-$1.63B
+22.5%
FY2025
Gross Margin
-34.09%
+65.3pp
FY2025
Operating Margin
-206.7%
+114.5pp
FY2025
Diluted EPS
-$1.42
+47%
FY2025
Operating Cash Flow
-$535.84M
+26.5%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $739.76M | $709.92MG | $628.81M | $891.34M | $701.44M | $502.34M | -$93.24M | $229.98M | $174.22M | $100.15M | $82.82M | $103.29M | $64.23M | $26.6M | $26.11M | $27.63M | $19.47M | $12.29M | |
| $929.54M | $951.96M | $1.25B | $1.4B | $895.8M | $673.65M | $376.18M | $219.33M | $200.22M | $131.35M | $81.98M | $113.18M | $69.09M | $37.85M | $37.66M | $30.67M | $23.11M | $7.25M | |
| -$189.79M | -$242.04M | -$624.89M | -$507.79M | -$194.36M | -$171.31M | -$469.42M | $10.65M | -$26M | -$28.09M | $3.95M | -$9.89M | -$4.86M | -$11.25M | — | — | — | — | |
| — | -34.09% | -99.38% | -56.97% | -27.71% | -34.1% | — | 4.63% | -14.93% | -28.05% | 4.76% | -9.58% | -7.57% | -42.28% | — | — | — | — | |
| $52.72M | $57.96M | $77.23M | $113.75M | $99.58M | $64.76M | $27.85M | $15.06M | $12.75M | $28.69M | $21.18M | $14.95M | $6.47M | $3.12M | $5.43M | $5.66M | $12.9M | $16.32M | |
| $368.94M | $379.57M | $376.11M | $422.47M | $363.93M | $179.85M | $79.35M | $43.2M | $37.69M | $45.01M | $34.29M | $34.16M | $26.6M | $14.6M | $14.58M | $14.55M | $25.57M | $15.43M | |
| $5.85M | $6.95M | $23.44M | $19.1M | $21.2M | $2.47M | $1.14M | $698K | $693K | $593K | $590K | $981K | $2.39M | $2.27M | $2.31M | $2.32M | $2.26M | $2.13M | |
| $2.78M | — | — | — | — | — | — | — | $300K | $300K | $4.65M | $2.01M | $1.95M | $1.91M | $2.07M | $2.13M | $4.97M | $3.63M | |
| $1.21B | $1.23B | $1.39B | $835.73M | $485.19M | $266.01M | $114.79M | $58.26M | $50.44M | $73.7M | $55.47M | $49.11M | $33.07M | $17.72M | — | — | — | — | |
| -$1.4B | -$1.47B | -$2.02B | -$1.34B | -$679.55M | -$437.32M | -$584.2M | -$47.61M | -$76.44M | -$101.79M | -$51.52M | -$59M | -$37.93M | -$28.97M | -$36.67M | -$31.13M | -$47.53M | -$41.27M | |
| — | -206.7% | -321.21% | -150.73% | -96.88% | -87.06% | — | -20.7% | -43.88% | -101.64% | -62.21% | -57.12% | -59.06% | -108.89% | -140.46% | -112.67% | -244.08% | -335.74% | |
| — | — | — | — | — | — | — | — | -$76.14M | -$101.49M | -$46.87M | -$57M | -$35.99M | -$27.06M | -$34.6M | -$28.99M | -$42.56M | -$37.64M | |
| $70.99M | $65.13M | $46.62M | $45.2M | $39.04M | $43.23M | $60.51M | $37.03M | — | — | — | — | — | — | — | — | — | — | |
| — | $19.43M | $30.72M | $55.83M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| $7.41M | $7.61M | -$19.96M | -$131K | -$1.14M | -$606K | -$60.48M | -$35.69M | -$22.75M | -$10.1M | -$10.7M | -$349K | $1.38M | — | — | — | — | — | |
| -$53.16M | -$55.06M | -$32.18M | -$41.79M | -$20.17M | -$5.7M | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | -$12.81M | — | — | — | — | — | — | — | — | — | $3.23M | $0 | $0 | — | — | |
| -$1.74B | -$1.69B | -$2.11B | -$1.38B | -$723.17M | -$476.16M | -$627M | -$83.74M | -$94.9M | -$127.08M | -$57.88M | -$55.69M | -$88.81M | -$63.08M | -$31.86M | -$27.45M | -$46.96M | — | |
| $397K | $356K | -$2.69M | -$7.36M | $839K | -$16.2M | -$30.85M | — | -$9.3M | — | -$392K | — | -$325K | -$410K | $0 | $0 | — | — | |
| -$1.68B | -$1.63B | -$2.1B | -$1.37B | -$724.01M | -$459.97M | -$596.16M | -$83.74M | -$85.61M | -$127.08M | -$57.49M | -$55.69M | -$88.49M | -$62.67M | -$31.86M | -$27.5M | -$47M | -$40.71M | |
| — | -229.83% | -334.71% | -153.57% | -103.22% | -91.56% | — | -36.41% | -49.14% | -126.89% | -69.41% | -53.92% | -137.77% | -235.59% | -122.04% | -99.54% | -241.36% | -331.16% | |
| -$62.6M | -$62.07M | -$204K | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |
| — | -$1.63B | -$2.1B | -$1.37B | -$724.01M | -$459.97M | -$596.2M | -$85.56M | -$85.66M | $130.2M | $57.6M | $55.8M | -$88.6M | -$62.8M | -$31.9M | -$27.5M | $47M | — | |
| -$1.67B | -$1.62B | -$2.1B | -$1.35B | -$748.48M | -$463.95M | -$594.99M | -$84.04M | -$86.22M | -$125.13M | -$58.04M | -$55.79M | -$88.49M | -$62.78M | -$31.79M | -$37.12K | $162.66K | — | |
| USD/shares | — | -$1.42 | -$2.68 | -$2.30 | -$1.25 | -$0.82 | -$1.68 | -$0.36 | -$0.39 | — | — | — | — | — | — | — | — | — |
| USD/shares | — | -$1.42 | -$2.68 | -$2.30 | -$1.25 | -$0.82 | -$1.68 | -$0.36 | -$0.39 | — | — | — | — | — | — | — | — | — |
| shares | — | 1.15B | 785.02M | 595.47M | 579.72M | 558.18M | 354.79M | 237.15M | 218.88M | 216.34M | 180.62M | 176.07M | 159.23M | 76.44M | 34.38M | 18.78M | 13.12M | — |
| shares | — | 1.15B | 785.02M | 595.47M | 579.72M | 558.18M | 354.79M | 237.15M | 218.88M | 216.34M | 180.62M | 176.07M | 159.23M | 76.44M | 34.38M | 18.78M | 13.12M | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2009–FY2016: $8.27M in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Peer median 4.82×
EV/EBIT
—
Peer median 35.48×
P/E (TTM)
—
Peer median 29.99×
Peer medians compare against the 19 similar-size Electrical Equipment & Parts companies (of 47 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Single Reportable Segment | $709,919,000 | $628,814,000 | $891,340,000 | $701,440,000 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| United States | $535,936,000 | $428,215,000 | $741,498,000 | $545,942,000 | — | — | — |
| Non Us | $173,983,000 | $200,599,000 | $149,842,000 | $155,498,000 | — | — | — |
| Other Countries Excluding North America | — | — | — | — | $4,564,000 | $3,210,000 | $1,718,000 |
| Asia | — | — | — | — | $718,000 | $147,000 | — |
| Europe | — | — | — | — | $20,814,000 | $3,929,000 | — |
| North America | — | — | — | — | $476,246,000 | -$100,523,000 | $228,257,000 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Sales of Equipment and Related Infrastructure | $371,081,000 | $390,335,000 | $711,433,000 | $558,932,000 | $392,777,000 | — | — | — |
| Sale of Electrolyzers | $187,780,000 | $135,504,000 | $82,611,000 | $28,463,000 | $16,667,000 | $4,187,000 | — | — |
| Fuel Delivered to Customers and Related Equipment | $133,411,000 | $97,882,000 | $66,246,000 | $57,196,000 | $46,917,000 | -$16,072,000 | — | — |
| Power Purchase Agreements | $107,572,000 | $77,842,000 | $63,731,000 | $47,183,000 | $35,153,000 | $26,620,000 | $25,553,000 | $22,569,000 |
| Sale of Cryogenic Equipment | $95,685,000 | $111,507,000 | $231,687,000 | $87,761,000 | $8,255,000 | — | — | — |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $94,462,000 | $52,169,000 | $39,093,000 | $35,280,000 | $26,706,000 | -$9,801,000 | $25,217,000 | $22,002,000 |
| Sales of Fuel Cell Systems | $54,012,000 | $52,110,000 | $181,168,000 | $207,691,000 | $225,229,000 | -$55,091,000 | $130,757,000 | $75,029,000 |
| Sale of Hydrogen Infrastructure | $26,750,000 | $69,122,000 | $183,606,000 | $141,528,000 | $135,055,000 | -$43,391,000 | $19,163,000 | $32,146,000 |
| Sale of Engineered Equipment | $6,854,000 | $22,092,000 | $32,361,000 | $93,489,000 | $7,571,000 | — | — | — |
| Other Product And Services | $3,393,000 | $10,586,000 | $10,837,000 | $2,849,000 | $789,000 | $311,000 | $186,000 | — |
| Fuel Delivered to Customers | — | — | — | — | $46,917,000 | -$16,072,000 | $29,099,000 | $22,469,000 |
| Sale of Fuel Cell Systems and Other Infrastructure | — | — | — | $558,932,000 | $392,777,000 | -$94,295,000 | $149,920,000 | $107,175,000 |
| Sale of Hydrogen Installations and Other Infrastructure | — | — | — | — | — | -$39,204,000 | $19,163,000 | $32,146,000 |
| Sale of Solutions | — | — | — | — | $7,571,000 | — | — | — |
Key facts
CIK
1093691
CUSIP
72919P202
13F (30d)
253 filings
229 filers
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