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Plug Power Inc.

$2.1 -$0.13 (-5.83%)
NASDAQ · 11 Sep 2026 20:00 UTC
Previous Close
$2.11
Day Range
$2.09$2.15
Year Range
$1.52$4.58
Market Cap
2.93B
AVG Volume
63.98M
Trailing/Forward PE
-1.54/-
PEG ratio
0.02
Dividend Yield
-
Next Earnings Date
2026-11-09
Primary Exchange
NASDAQUS
Revenue (USD)
-250M0250M500M750M1B2016201720182019202020212022202320242025
PLUG Revenue (USD) by year
PeriodRevenue (USD)
2025709.92M
2024628.81M
2023891.34M
2022701.44M
2021502.34M
2020-93.25M
2019223.44M
2018181.99M
2017132.93M
201685.93M
Net Income (USD)
-3B-2B-1B02016201720182019202020212022202320242025
PLUG Net Income (USD) by year
PeriodNet Income (USD)
2025-1.63B
2024-2.1B
2023-1.37B
2022-724.01M
2021-459.96M
2020-622.74M
2019-90.28M
2018-78.11M
2017-127.08M
2016-57.49M
Operating Income (USD)
-3B-2B-1B02016201720182019202020212022202320242025
PLUG Operating Income (USD) by year
PeriodOperating Income (USD)
2025-679.57M
2024-2.02B
2023-1.34B
2022-679.55M
2021-437.32M
2020-611.17M
2019-54.15M
2018-69.48M
2017-101.79M
2016-51.52M
EBITDA (USD)
-2B-1.5B-1B-500M02016201720182019202020212022202320242025
PLUG EBITDA (USD) by year
PeriodEBITDA (USD)
2025-1.58B
2024-1.96B
2023-1B
2022-627.99M
2021-398.22M
2020-575.27M
2019-38.03M
2018-53.44M
2017-107.2M
2016-44.67M
Cash Flows (USD)
-2B-1.5B-1B-500M02016201720182019202020212022202320242025
PLUG Cash Flows (USD) by year
PeriodCash Flows (USD)
2025-654.07M
2024-1.06B
2023-1.92B
2022-1.08B
2021-551.44M
2020-203.66M
2019-66.14M
2018-77.19M
2017-104.55M
2016-87.71M
EPS (USD)
-3-2-102016201720182019202020212022202320242025
PLUG EPS (USD) by year
PeriodEPS (USD)
2025-1.45
2024-2.53
2023-2.28
2022-1.25
2021-0.82
2020-1.38
2019-0.37
2018-0.36
2017-0.59
2016-0.32
Expenses (USD)
0500M1B1.5BR&DSG&ACapex2016201720182019202020212022202320242025
PLUG Expenses (USD) by year
PeriodExpenses (USD)
2025555.76M
2024709.62M
20231.12B
2022825.87M
2021364.68M
2020132.03M
201981.38M
201891.68M
2017118.07M
2016113.54M
Cash & Debt (USD)
01B2B3B4BCashLong Term DebtShort Term Debt2016201720182019202020212022202320242025
PLUG Cash & Debt (USD) by year
PeriodCash & Debt (USD)
2025555.29M
2024205.69M
2023135.03M
20222.16B
20213.87B
2020448.14M
2019152.49M
201838.6M
201724.83M
201646.01M
Debt ratios
-202420182019202020212022202320242025
PLUG Debt ratios by year
PeriodDebt ratios
2025-0.09
2024-0.22
2023-0.38
20220.77
20212.87
2020-0.14
2019-1.54
2018-0.9
Margins
-200%0%200%400%600%2016201720182019202020212022202320242025
PLUG Margins by year
PeriodMargins
2025-34.09%
2024-96.87%
2023-53.54%
2022-25.15%
2021-22.89%
2020511.14%
20191.66%
20184.63%
20171.19%
20164.59%
Return on Capital
-3000%-2000%-1000%0%2016201720182019202020212022202320242025
PLUG Return on Capital by year
PeriodReturn on Capital
2025-162.62%
2024-116.43%
2023-47.23%
2022-17.83%
2021-9.99%
2020-106.22%
2019-38.49%
2018-2879.28%
2017-172.56%
2016-67.56%
Shares Outstanding
0500M1B1.5B2016201720182019202020212022202320242025
PLUG Shares Outstanding by year
PeriodShares Outstanding
20251.16B
2024913.9M
2023606.14M
2022583.1M
2021576.84M
2020425.36M
2019237.15M
2018218.74M
2017228.12M
2016180.62M
Book Value Per Share (USD)
024682016201720182019202020212022202320242025
PLUG Book Value Per Share (USD) by year
PeriodBook Value Per Share (USD)
20250.87
20241.98
20234.78
20226.96
20217.98
20201.38
20190.99
20180.01
20170.32
20160.47
Total Assets (USD)
02B4B6B2016201720182019202020212022202320242025
PLUG Total Assets (USD) by year
PeriodTotal Assets (USD)
20252.59B
20243.6B
20234.9B
20225.76B
20215.95B
20201.36B
2019898.72M
2018390.33M
2017270.81M
2016240.83M
Employee Count
01K2K3K4K2016201720182019202020212022202320242025
PLUG Employee Count by year
PeriodEmployee Count
20252.58K
20243.22K
20233.87K
20223.35K
20212.45K
20201.28K
2019835
2018685
2017644
2016486
Free Cash Flow Yield
-150%-100%-50%0%med -31.48%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PLUG Free Cash Flow Yield by year
PeriodFree Cash Flow Yield
Sep 26-18.35%
Sep 26-17.76%
Aug 26-17.6%
Aug 26-16.98%
Aug 26-16.61%
Aug 26-21.99%
Jul 26-23.27%
Jul 26-22.94%
Jul 26-22.09%
Jul 26-21.5%
Jul 26-18.16%
Jun 26-18.87%
Jun 26-16.82%
Jun 26-17.37%
Jun 26-14.89%
May 26-12.14%
May 26-12.68%
May 26-12.68%
May 26-18.1%
May 26-18.15%
Apr 26-17.98%
Apr 26-20.31%
Apr 26-20.6%
Apr 26-23.43%
Mar 26-25.9%
Mar 26-25.32%
Mar 26-26.26%
Mar 26-26.51%
Feb 26-32.17%
Feb 26-30.8%
Feb 26-30.47%
Feb 26-27.69%
Jan 26-27.17%
Jan 26-23.04%
Jan 26-24.4%
Jan 26-26.3%
Jan 26-25.83%
Dec 25-27.82%
Dec 25-26.18%
Dec 25-24.82%
Dec 25-26.18%
Nov 25-28.65%
Nov 25-29.09%
Nov 25-25.6%
Nov 25-27.2%
Oct 25-26.79%
Oct 25-24.43%
Oct 25-21.2%
Oct 25-21.07%
Oct 25-18.92%
Sep 25-30.41%
Sep 25-33.06%
Sep 25-47.41%
Sep 25-49.36%
Aug 25-45.9%
Aug 25-42.9%
Aug 25-42.39%
Aug 25-66%
Aug 25-71.18%
Jul 25-54.16%
Jul 25-55.67%
Jul 25-61.51%
Jul 25-67.79%
Jun 25-85.91%
Jun 25-89.78%
Jun 25-77.25%
Jun 25-102.82%
May 25-112.9%
May 25-127.76%
May 25-129.02%
May 25-135.16%
May 25-137.95%
Apr 25-143.3%
Apr 25-129.18%
Apr 25-102.92%
Apr 25-95.33%
Mar 25-86.79%
Mar 25-76.02%
Mar 25-70.06%
Mar 25-65.34%
Feb 25-95.56%
Feb 25-92.68%
Feb 25-87.41%
Feb 25-83.61%
Jan 25-82.72%
Jan 25-73.97%
Jan 25-63.05%
Jan 25-53.61%
Jan 25-58.5%
Dec 24-64.64%
Dec 24-60.1%
Dec 24-63.31%
Dec 24-64.64%
Nov 24-68.68%
Nov 24-80.13%
Nov 24-82.27%
Nov 24-104.2%
Nov 24-102.7%
Oct 24-99.84%
Oct 24-95.83%
Price to Sales
02468med 3.41Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PLUG Price to Sales by year
PeriodPrice to Sales
Sep 263.93
Sep 264.06
Aug 264.09
Aug 264.24
Aug 264.34
Aug 264.1
Jul 263.87
Jul 263.93
Jul 264.08
Jul 264.19
Jul 264.96
Jun 264.77
Jun 265.35
Jun 265.18
Jun 266.05
May 267.42
May 267.1
May 267.1
May 265.09
May 265.08
Apr 265.12
Apr 264.54
Apr 264.47
Apr 263.93
Mar 263.56
Mar 263.64
Mar 263.51
Mar 263.48
Feb 263.07
Feb 263.2
Feb 263.24
Feb 263.56
Jan 263.63
Jan 264.28
Jan 264.04
Jan 263.75
Jan 263.82
Dec 253.55
Dec 253.77
Dec 253.97
Dec 253.77
Nov 253.44
Nov 253.39
Nov 253.86
Nov 254.44
Oct 254.5
Oct 254.94
Oct 255.69
Oct 255.73
Oct 256.38
Sep 253.97
Sep 253.65
Sep 252.55
Sep 252.44
Aug 252.63
Aug 252.81
Aug 252.85
Aug 252.22
Aug 252.06
Jul 252.71
Jul 252.64
Jul 252.39
Jul 252.16
Jun 251.71
Jun 251.63
Jun 251.9
Jun 251.43
May 251.3
May 251.15
May 251.14
May 251.25
May 251.23
Apr 251.18
Apr 251.31
Apr 251.64
Apr 251.77
Mar 251.95
Mar 252.22
Mar 252.41
Mar 252.59
Feb 252.1
Feb 252.16
Feb 252.29
Feb 252.4
Jan 252.42
Jan 252.71
Jan 253.18
Jan 253.74
Jan 253.42
Dec 243.1
Dec 243.33
Dec 243.16
Dec 243.1
Nov 242.92
Nov 242.5
Nov 242.43
Nov 242.22
Nov 242.25
Oct 242.31
Oct 242.41
Price to Book
02468med 1.42Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
PLUG Price to Book by year
PeriodPrice to Book
Sep 264.97
Sep 265.14
Aug 265.19
Aug 265.38
Aug 265.5
Aug 263.91
Jul 263.7
Jul 263.75
Jul 263.9
Jul 264
Jul 264.74
Jun 264.56
Jun 265.12
Jun 264.96
Jun 265.78
May 267.09
May 266.79
May 266.79
May 263.6
May 263.59
Apr 263.63
Apr 263.21
Apr 263.16
Apr 262.78
Mar 262.52
Mar 262.57
Mar 262.48
Mar 262.46
Feb 261.38
Feb 261.45
Feb 261.46
Feb 261.61
Jan 261.64
Jan 261.93
Jan 261.82
Jan 261.69
Jan 261.72
Dec 251.6
Dec 251.7
Dec 251.79
Dec 251.7
Nov 251.55
Nov 251.53
Nov 251.74
Nov 251.69
Oct 251.72
Oct 251.88
Oct 252.17
Oct 252.18
Oct 252.43
Sep 251.51
Sep 251.39
Sep 250.97
Sep 250.93
Aug 251
Aug 251.07
Aug 251.09
Aug 250.74
Aug 250.69
Jul 250.9
Jul 250.88
Jul 250.79
Jul 250.72
Jun 250.57
Jun 250.54
Jun 250.63
Jun 250.47
May 250.43
May 250.38
May 250.38
May 250.44
May 250.43
Apr 250.41
Apr 250.46
Apr 250.57
Apr 250.62
Mar 250.68
Mar 250.77
Mar 250.84
Mar 250.9
Feb 250.46
Feb 250.47
Feb 250.5
Feb 250.52
Jan 250.53
Jan 250.59
Jan 250.69
Jan 250.81
Jan 250.75
Dec 240.67
Dec 240.73
Dec 240.69
Dec 240.67
Nov 240.63
Nov 240.54
Nov 240.53
Nov 240.51
Nov 240.52
Oct 240.53
Oct 240.55
Plug Power Inc.
PLUG
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News: PLUG

Bloom Energy Climbs 7% as Fuel Cell Bid Spreads Beyond Its S&P 500 Add, FuelCell Energy Rises 4%, Plug Power Inches Higher

247wallst.com · 11 Sep 2026

Bloom Energy Climbs 7% as Fuel Cell Bid Spreads Beyond Its S&P 500 Add, FuelCell Energy Rises 4%, Plug Power Inches Higher

Shares of Bloom Energy (NYSE:BE) are climbing in Friday morning trading, up 7% to $276.31 after S&P Dow Jones Indices confirmed the fuel cell maker's addition to the S&P 500.

Is Sluggish Equipment Demand a Concern for Plug Power Stock?

zacks.com · 10 Sep 2026

Is Sluggish Equipment Demand a Concern for Plug Power Stock?

PLUG's core product demand remains uneven, with sharp declines in electrolyzers and hydrogen infrastructure offset by fuel cell growth.

Plug Power stock forms a risky pattern as short-seller pressure builds

invezz.com · 9 Sep 2026

Plug Power stock forms a risky pattern as short-seller pressure builds

Plug Power stock has traded largely sideways in recent weeks, but remains firmly in bear-market territory after falling 47% from its May high. The shares were trading at $2.26, giving the company a market capitalization of roughly $3 billion, while short interest has climbed to 20% despite ongoing efforts to execute a turnaround.

Goldman Sachs Warns $120 Oil Is Back on the Table. Time to Buy Plug Power Stock?

fool.com · 9 Sep 2026

Goldman Sachs Warns $120 Oil Is Back on the Table. Time to Buy Plug Power Stock?

Plug Power's success is partially dependent on fossil fuel prices. Higher fossil fuel prices could be helpful, with limitations.

Plug Power Surges 10.1% YTD: Should Investors Ride the Rally?

zacks.com · 8 Sep 2026

Plug Power Surges 10.1% YTD: Should Investors Ride the Rally?

PLUG's revenue recovery and rising electrolyzer demand offer long-term promise, despite persistent losses and financial pressures.

Contrasting CSLM Acquisition (NASDAQ:SPWR) & Plug Power (NASDAQ:PLUG)

defenseworld.net · 8 Sep 2026

Contrasting CSLM Acquisition (NASDAQ:SPWR) & Plug Power (NASDAQ:PLUG)

CSLM Acquisition (NASDAQ: SPWR - Get Free Report) and Plug Power (NASDAQ: PLUG - Get Free Report) are both industrials companies, but which is the better business? We will compare the two businesses based on the strength of their risk, earnings, profitability, dividends, valuation, analyst recommendations and institutional ownership. Profitability This table compares CSLM Acquisition and Plug

Bloom Energy Spikes 8% as Risk-On Tape Lifts High-Beta Names, FuelCell Ticks Up, Plug Power Stays Flat

247wallst.com · 3 Sep 2026

Bloom Energy Spikes 8% as Risk-On Tape Lifts High-Beta Names, FuelCell Ticks Up, Plug Power Stays Flat

A risk-on tape is lifting high-beta fuel cell names on Thursday, but the group is splitting sharply on the way up. Bloom Energy (NYSE:BE) stock is up 8% to $233.69 in midday trading.

Is Rising Electrolyzer Demand a Long-Term Growth Catalyst for Plug Power?

zacks.com · 1 Sep 2026

Is Rising Electrolyzer Demand a Long-Term Growth Catalyst for Plug Power?

PLUG's electrolyzer revenues hold steady at $54.1 million as major projects and rising green hydrogen demand support growth prospects.

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