PLUG POWER INC financial data

Symbol
PLUG on Nasdaq
Location
Slingerlands, NY
Fiscal year end
31 December
Latest financial report
10-K - Q4 2025 - 02 Mar 2026

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 174% % -13%
Quick Ratio 77% % -28%
Debt-to-equity 109% % 62%
Return On Equity -105% % -35%
Return On Assets -51% % -9.7%
Operating Margin -207% % 36%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 1,393,955,129 shares 36%
Entity Public Float $1,463,243,116 USD 14%
Common Stock, Value, Issued $13,943,000 USD 49%
Weighted Average Number of Shares Outstanding, Basic 1,146,691,189 shares 46%
Weighted Average Number of Shares Outstanding, Diluted 1,146,691,189 shares 46%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $709,919,000 USD 13%
Cost of Revenue $951,959,000 USD -24%
Research and Development Expense $57,960,000 USD -25%
Operating Income (Loss) $1,467,385,000 USD 27%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1,693,312,000 USD 20%
Income Tax Expense (Benefit) $356,000 USD
Net Income (Loss) Attributable to Parent $1,631,594,000 USD 22%
Earnings Per Share, Basic -1.42 USD/shares 47%
Earnings Per Share, Diluted -1.42 USD/shares 47%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $368,540,000 USD 79%
Accounts Receivable, after Allowance for Credit Loss, Current $134,758,000 USD -14%
Inventory, Net $520,968,000 USD -24%
Assets, Current $1,410,268,000 USD -4.5%
Property, Plant and Equipment, Net $281,001,000 USD -68%
Operating Lease, Right-of-Use Asset $182,206,000 USD -16%
Intangible Assets, Net (Excluding Goodwill) $29,228,000 USD -65%
Goodwill $0 USD
Assets $2,594,568,000 USD -28%
Accounts Payable, Current $168,744,000 USD -6.8%
Accrued Liabilities, Current $128,010,000 USD 24%
Liabilities, Current $610,588,000 USD -18%
Operating Lease, Liability, Noncurrent $194,709,000 USD -20%
Other Liabilities, Noncurrent $114,256,000 USD -20%
Liabilities $1,591,254,000 USD -11%
Accumulated Other Comprehensive Income (Loss), Net of Tax $6,796,000 USD
Retained Earnings (Accumulated Deficit) $8,226,039,000 USD -25%
Stockholders' Equity Attributable to Parent $978,069,000 USD -44%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $1,003,314,000 USD -44%
Liabilities and Equity $2,594,568,000 USD -28%

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 1,394,241,538 shares 49%
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 $993,984,000 USD -4.5%
Interest Paid, Excluding Capitalized Interest, Operating Activities $6,692,000 USD -27%
Deferred Tax Assets, Valuation Allowance $1,449,782,000 USD 31%
Deferred Tax Assets, Gross $1,492,439,000 USD 27%
Operating Lease, Liability $265,116,000 USD -15%
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 $1,622,296,000 USD 23%
Lessee, Operating Lease, Liability, to be Paid $405,091,000 USD -15%
Property, Plant and Equipment, Gross $305,109,000 USD -66%
Operating Lease, Liability, Current $70,407,000 USD -1.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two $79,084,000 USD -11%
Lessee, Operating Lease, Liability, to be Paid, Year One $94,356,000 USD -6.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.134 pure 21%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $139,975,000 USD -13%
Lessee, Operating Lease, Liability, to be Paid, Year Three $56,147,000 USD -25%
Deferred Tax Assets, Operating Loss Carryforwards $846,429,000 USD 26%
Preferred Stock, Shares Authorized 5,000,000 shares 0%
Unrecognized Tax Benefits $0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four $32,319,000 USD -38%
Operating Lease, Payments $24,960,000 USD 15%
Additional Paid in Capital $9,186,314,000 USD 9%
Amortization of Intangible Assets $6,950,000 USD -70%
Deferred Tax Assets, Net of Valuation Allowance $42,657,000 USD -30%
Share-based Payment Arrangement, Expense $21,271,000 USD -50%
Interest Expense $65,127,000 USD 40%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%