Plug Power Inc (PLUG) stock
PLUGNasdaqElectrical Industrial ApparatusFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 9, 2026Score 6/3030% below fair value
$1.35−0.01 (-0.73%)
Close on Nov 11, 2026Market cap $1.89BP/E –Yield –
Plug Power profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Plug Power's profit margin for the twelve months ending Sep 30, 2026 was -153.7%. For fiscal 2025 it was -229.8%, against -334.7% the year before. The highest annual figure on record is -36.4% in fiscal 2019.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -229.8% | +104.9 |
| FY2024 | Dec 31, 2024 | -334.7% | −181.1 |
| FY2023 | Dec 31, 2023 | -153.6% | −50.4 |
| FY2022 | Dec 31, 2022 | -103.2% | −11.7 |
| FY2021 | Dec 31, 2021 | -91.6% | −55.2 |
| FY2019 | Dec 31, 2019 | -36.4% | +12.7 |
| FY2018 | Dec 31, 2018 | -49.1% | +77.7 |
| FY2017 | Dec 31, 2017 | -126.9% | −57.5 |
| FY2016 | Dec 31, 2016 | -69.4% | −15.5 |
| FY2015 | Dec 31, 2015 | -53.9% | +83.9 |
| FY2014 | Dec 31, 2014 | -137.8% | +97.8 |
| FY2013 | Dec 31, 2013 | -235.6% | −113.6 |
| FY2012 | Dec 31, 2012 | -122.0% | −22.5 |
| FY2011 | Dec 31, 2011 | -99.5% | +141.8 |
| FY2010 | Dec 31, 2010 | -241.4% | +89.8 |
| FY2009 | Dec 31, 2009 | -331.2% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 49.7% | +254.1 |
| Q2 FY2026 | Jun 30, 2026 | -105.6% | +25.0 |
| Q1 FY2026 | Mar 31, 2026 | -150.0% | −2.9 |
| Q4 FY2025 | Dec 31, 2025 | -375.6% | +321.8 |
| Q3 FY2025 | Sep 30, 2025 | -204.4% | −82.8 |
| Q2 FY2025 | Jun 30, 2025 | -130.5% | +52.5 |
| Q1 FY2025 | Mar 31, 2025 | -147.1% | +98.8 |
| Q4 FY2024 | Dec 31, 2024 | -697.5% | −408.3 |
| Q3 FY2024 | Sep 30, 2024 | -121.5% | +21.1 |
| Q2 FY2024 | Jun 30, 2024 | -183.0% | −92.1 |
| Q1 FY2024 | Mar 31, 2024 | -245.9% | −147.7 |
| Q4 FY2023 | Dec 31, 2023 | -289.2% | −187.9 |
| Q3 FY2023 | Sep 30, 2023 | -142.7% | −52.1 |
| Q2 FY2023 | Jun 30, 2023 | -90.9% | +23.7 |
| Q1 FY2023 | Mar 31, 2023 | -98.2% | +12.9 |
| Q4 FY2022 | Dec 31, 2022 | -101.2% | +17.9 |
| Q3 FY2022 | Sep 30, 2022 | -90.5% | −16.4 |
| Q2 FY2022 | Jun 30, 2022 | -114.6% | −34.6 |
| Q1 FY2022 | Mar 31, 2022 | -111.1% | −26.7 |
| Q4 FY2021 | Dec 31, 2021 | -119.2% | −105.3 |
| Q3 FY2021 | Sep 30, 2021 | -74.1% | +17.6 |
| Q2 FY2021 | Jun 30, 2021 | -80.0% | −60.3 |
| Q1 FY2021 | Mar 31, 2021 | -84.4% | −54.4 |
| Q2 FY2020 | Jun 30, 2020 | -13.8% | +16.3 |
| Q1 FY2020 | Mar 31, 2020 | -91.7% | +50.3 |
| Q4 FY2019 | Dec 31, 2019 | -19.7% | +21.0 |
| Q3 FY2019 | Sep 30, 2019 | -30.0% | −0.7 |
| Q2 FY2019 | Jun 30, 2019 | -30.2% | +43.3 |
| Q1 FY2019 | Mar 31, 2019 | -142.0% | −66.9 |
| Q4 FY2018 | Dec 31, 2018 | -40.7% | +21.8 |
| Q3 FY2018 | Sep 30, 2018 | -29.3% | +89.2 |
| Q2 FY2018 | Jun 30, 2018 | -73.4% | +139.6 |
| Q1 FY2018 | Mar 31, 2018 | -75.1% | +91.2 |
| Q4 FY2017 | Dec 31, 2017 | -62.5% | −3.5 |
| Q3 FY2017 | Sep 30, 2017 | -118.5% | −42.2 |
| Q2 FY2017 | Jun 30, 2017 | -213.0% | – |
| Q1 FY2017 | Mar 31, 2017 | -166.3% | – |
| Q4 FY2016 | Dec 31, 2016 | -59.0% | – |
| Q3 FY2016 | Sep 30, 2016 | -76.3% | – |
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