PLUGNasdaqElectrical Industrial ApparatusFiscal year ends December 31

PLUG POWER INC

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026

$1.37−0.01 (-0.72%)

Close on Oct 19, 2026

Market cap: $1.91B
P/E (TTM): –
Dividend yield: –

PLUG POWER INC income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31	FY 2014 2014-12-31	FY 2013 2013-12-31	FY 2012 2012-12-31	FY 2011 2011-12-31	FY 2010 2010-12-31	FY 2009 2009-12-31
Revenue	710	629	891	701	502	-93	230	174	100	83	103	64	27	26	28	19	12
Cost of Revenue	952	1,254	1,399	896	674	376	219	200	128	79	113	69	38	25	23	23	7.25
Gross Profit	-242	-625	-508	-194	-171	-469	11	-26	-28	3.95	-9.89	-4.86	-11	0.75	5.00	-3.64	5.05
Research & Development	58	77	114	100	65	28	15	13	29	21	15	6.47	3.12	5.43	5.66	13	16
Selling, General & Admin	380	376	422	364	180	79	43	38	45	34	34	27	15	15	15	26	15
Operating Expenses	1,225	1,395	836	485	266	115	58	50	74	55	49	33	18	–	–	–	–
Operating Income	-1,467	-2,020	-1,344	-680	-437	-584	-48	-76	-102	-52	-59	-38	-29	-37	-31	-48	-41
Interest Expense	65	47	45	39	43	61	37	–	–	–	–	–	–	–	–	–	–
Interest & Investment Income	19	31	56	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Income from Equity Investments	-55	-32	-42	-20	-5.70	–	–	–	–	–	–	–	–	–	–	–	–
Other Non-Operating Income	7.61	-20	-0.13	-1.14	-0.61	-0.74	-36	-23	-10	-11	-0.35	1.38	–	–	–	–	–
Asset Impairment Charges	785	949	269	0.80	0	0	0	–	–	–	–	–	–	–	–	–	–
Gain (Loss) on Investments	–	–	-13	–	–	–	–	–	–	–	–	–	3.23	0	0	–	–
Gain (Loss) on Sale of Assets	–	-2.89	–	-0.27	–	–	-0.21	–	–	-0.04	–	-0.08	-0.07	-0.05	-0.31	-0.09	-0.50
Pretax Income	-1,693	-2,108	-1,376	-723	-476	-627	-84	-95	-127	-58	-56	-89	-63	-32	-27	-47	–
Income Tax Expense	0.36	-2.69	-7.36	0.84	-16	-31	–	-9.30	–	-0.39	–	-0.33	-0.41	0	0	–	–
Net Income incl. Noncontrolling Interests	-1,694	-2,105	-1,369	-724	-460	-596	–	–	–	–	–	–	–	–	–	–	–
Minority Interest in Earnings	-62	-0.20	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Net Income	-1,632	-2,105	-1,369	-724	-460	-596	-84	-86	-127	-57	-56	-88	-63	-32	-28	-47	-41
Preferred Dividends	–	–	–	–	–	0.03	1.81	0.05	3.10	0.10	0.11	0.16	0.12	–	–	–	–
Net Income to Common	-1,632	-2,105	-1,369	-724	-460	-596	-86	-86	130	58	56	-89	-63	-32	-28	47	–
EPS (Basic)(per share)	-1.42	-2.68	-2.30	-1.25	-0.82	-1.68	-0.36	-0.39	-0.60	-0.32	-0.32	-0.56	-0.82	-0.93	-1.46	-3.58	-3.15
EPS (Diluted)(per share)	-1.42	-2.68	-2.30	-1.25	-0.82	-1.68	-0.36	-0.39	-0.60	-0.32	-0.32	-0.56	-0.82	-0.93	-1.46	-3.58	-3.15
Shares Outstanding (Basic, Weighted)(shares)	1,147	785	595	580	558	355	237	219	216	181	176	159	76	34	19	13	–
Shares Outstanding (Diluted, Weighted)(shares)	1,147	785	595	580	558	355	237	219	216	181	176	159	76	34	19	13	–
EBITDA	–	–	–	–	–	–	–	-76	-93	-47	-57	-36	-27	-35	-29	-43	-38
Provision for Credit Losses	–	–	–	–	72	–	-0.39	–	–	–	–	–	–	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: -18.5%
Operating margin: -172.8%
Net margin: -220.6%
Return on equity, FY2025: -120.3%

Financial strength

Current ratio: 2.32
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 32.8%

Valuation

P/E ratio: –
Price to sales: 2.56
Price to book: 3.28
Dividend yield: –