Plug Power Inc (PLUG) company profile

Plug Power Inc. provides end-to-end clean hydrogen solutions spanning energy production, storage, distribution, and electricity generation. Operating as a single reportable business segment, the company develops and sells proton exchange membrane electrolyzers, stationary and motive fuel cell systems, hydrogen liquefiers, and specialized cryogenic delivery and storage equipment. Its commercial offerings also encompass liquid hydrogen supply, turnkey infrastructure setups, and ongoing maintenance programs. Plug primarily caters to customers operating large-scale manufacturing facilities and high-volume distribution centers, particularly within the material handling and industrial mobility sectors. Additionally, its electrolyzers and hydrogen products serve refineries, chemical plants, steel producers, utilities, and commercial refueling stations.

Plug manages operations across North America, Europe, Australia, and select international markets. It operates manufacturing and assembly facilities in New York, Texas, and Ohio, along with domestic hydrogen production plants in Tennessee, Georgia, and Louisiana. The company does not state its headquarters location in the text.

Summary of the business section of Plug Power's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

“As of December 31, 2025, we had 2,582 employees, of which 238 are temporary employees, with 2,216 located in the United States and 366 located outside of the United States.”