PLUG POWER INC financial data

Symbol
PLUG on Nasdaq
Location
Slingerlands, NY
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 10 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 169% % -14%
Quick Ratio 79% % -27%
Debt-to-equity 100% % 60%
Return On Equity -121% % -154%
Return On Assets -62% % -111%
Operating Margin -296% % -45%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1,391,427,242 shares 53%
Entity Public Float $1,288,916,762 USD -72%
Common Stock, Value, Issued $12,194,000 USD 35%
Weighted Average Number of Shares Outstanding, Basic 1,158,516,229 shares 35%
Weighted Average Number of Shares Outstanding, Diluted 1,158,516,229 shares 35%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $676,169,000 USD 2.5%
Cost of Revenue $1,158,192,000 USD -9%
Research and Development Expense $58,962,000 USD -37%
Operating Income (Loss) $2,003,785,000 USD -49%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2,127,183,000 USD -51%
Income Tax Expense (Benefit) $2,464,000 USD -335%
Net Income (Loss) Attributable to Parent $2,121,048,000 USD -50%
Earnings Per Share, Basic -2 USD/shares -8.4%
Earnings Per Share, Diluted -2 USD/shares -8.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $165,895,000 USD 77%
Accounts Receivable, after Allowance for Credit Loss, Current $124,028,000 USD -26%
Inventory, Net $555,092,000 USD -37%
Assets, Current $1,190,887,000 USD -27%
Property, Plant and Equipment, Net $877,347,000 USD -43%
Operating Lease, Right-of-Use Asset $191,523,000 USD -47%
Intangible Assets, Net (Excluding Goodwill) $77,948,000 USD -55%
Goodwill $0 USD
Assets $3,104,752,000 USD -34%
Accounts Payable, Current $162,223,000 USD -22%
Accrued Liabilities, Current $122,360,000 USD 14%
Liabilities, Current $902,515,000 USD 15%
Operating Lease, Liability, Noncurrent $209,293,000 USD -16%
Other Liabilities, Noncurrent $114,256,000 USD -20%
Liabilities $1,606,131,000 USD -5.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax $3,775,000 USD
Retained Earnings (Accumulated Deficit) $7,380,069,000 USD -40%
Stockholders' Equity Attributable to Parent $1,416,629,000 USD -53%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $1,498,621,000 USD -51%
Liabilities and Equity $3,104,752,000 USD -34%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $105,568,000 USD 37%
Net Cash Provided by (Used in) Financing Activities $193,232,000 USD -32%
Net Cash Provided by (Used in) Investing Activities $46,573,000 USD 61%
Common Stock, Shares Authorized 1,500,000,000 shares 0%
Common Stock, Shares, Issued 1,219,328,594 shares 35%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $90,151,000 USD 138%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $849,022,000 USD -15%
Interest Paid, Excluding Capitalized Interest, Operating Activities $6,692,000 USD -27%
Deferred Tax Assets, Valuation Allowance $1,110,852,000 USD 60%
Deferred Tax Assets, Gross $1,171,967,000 USD 49%
Operating Lease, Liability $313,398,000 USD -12%
Depreciation $12,134,000 USD -27%
Payments to Acquire Property, Plant, and Equipment $40,451,000 USD -56%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $2,115,594,000 USD -50%
Lessee, Operating Lease, Liability, to be Paid $474,245,000 USD -13%
Property, Plant and Equipment, Gross $908,121,000 USD -40%
Operating Lease, Liability, Current $70,171,000 USD 4.8%
Lessee, Operating Lease, Liability, to be Paid, Year Two $88,834,000 USD -6.1%
Lessee, Operating Lease, Liability, to be Paid, Year One $100,882,000 USD 1.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $160,847,000 USD -16%
Lessee, Operating Lease, Liability, to be Paid, Year Three $74,819,000 USD -13%
Deferred Tax Assets, Operating Loss Carryforwards $672,175,000 USD 43%
Preferred Stock, Shares Authorized 5,000,000 shares
Lessee, Operating Lease, Liability, to be Paid, Year Four $52,459,000 USD -27%
Operating Lease, Payments $24,960,000 USD 15%
Additional Paid in Capital $8,886,531,000 USD 5.9%
Amortization of Intangible Assets $15,323,000 USD -20%
Deferred Tax Assets, Net of Valuation Allowance $61,115,000 USD -34%
Share-based Payment Arrangement, Expense $21,271,000 USD -50%
Interest Expense $60,523,000 USD 46%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%