Plug Power Inc (0R1J.L)

Name: Plug Power Inc Financial Statements
Creator: Quarter Results

Industrials | Electrical Equipment Parts

Latest reporting period: 2025-12-31

Latest Quarter

2025-12-31

Revenue

$225M

Net Income

-$846M

Operating Margin

-47.5%

Free Cash Flow

-$661M

Debt / Assets

61.3%

Values are in USD and rounded to the nearest whole number unless noted.

Swipe horizontally to view all columns.

Income statement quarterly history for Plug Power Inc (0R1J.L).
Income Statement (Quarterly)	2025-12-31	2025-09-30	2025-06-30	2025-03-31
Revenue	225,220,000	177,055,000	173,970,000	133,674,000
Cost of Revenue	219,769,000	297,220,000	227,435,000	207,535,000
Gross Profit	5,451,000	-120,165,000	-53,465,000	-73,861,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	100,246,000	110,592,000	87,893,000	80,839,000
Operating Expenses	112,538,000	228,624,000	123,481,000	104,595,000
Operating Income	-107,087,000	-348,789,000	-176,946,000	-178,456,000
Interest Expense	21,242,000	16,461,000	15,938,000	11,486,000
Income Before Tax	-904,325,000	-363,413,000	-228,715,000	-196,859,000
Income Tax Expense	252,000	92,000	-12,000	0
Net Income	-845,970,000	-361,869,000	-227,099,000	-196,656,000
Per Share
EPS	-0.73	-0.31	-0.20	-0.21
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Plug Power Inc (0R1J.L).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue	709,919,000	628,814,000	891,340,000	701,440,000
Cost of Revenue	951,959,000	1,253,701,000	1,399,131,000	868,995,000
Gross Profit	-242,040,000	-624,887,000	-507,791,000	-167,555,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	379,570,000	376,110,000	422,469,000	363,929,000
Operating Expenses	437,530,000	1,394,957,000	835,732,000	553,836,000
Operating Income	-679,570,000	-2,019,844,000	-1,343,523,000	-657,864,000
Interest Expense	65,126,999	46,622,000	45,201,000	0
Income Before Tax	-1,693,312,000	-2,107,591,000	-1,376,197,000	-723,169,000
Income Tax Expense	356,000	-2,686,000	-7,364,000	839,000
Net Income	-1,631,594,000	-2,104,701,000	-1,368,833,000	-724,008,000
Per Share
EPS	-1.41	-2.45	-2.30	-1.25
EPS Diluted	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Plug Power Inc (0R1J.L).
Balance Sheet (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	555,286,000	205,693,000	135,033,000	690,630,000
Short Term Investments	0	0	0	1,467,779,000
Net Receivables	240,026,000	251,296,000	370,059,000	191,906,000
Inventory	520,967,999	682,642,000	961,253,000	645,636,000
Total Current Assets	1,410,268,000	1,477,484,000	1,786,965,000	3,305,298,000
Property Plant Equipment	630,985,000	1,280,304,000	2,004,688,000	1,133,822,000
Goodwill and Intangibles	29,228,000	84,660,000	188,886,000	456,332,000
Total Assets	2,594,568,000	3,602,846,000	4,902,738,000	5,764,276,000
Liabilities
Account Payables	168,744,000	220,774,000	257,828,000	191,895,000
Short Term Debt	160,710,000	226,400,000	85,879,000	0
Total Current Liabilities	610,588,000	748,489,000	964,800,000	635,275,000
Long Term Debt	836,462,000	852,236,000	808,971,000	454,544,000
Total Liabilities	1,591,254,000	1,795,090,000	2,004,613,000	1,704,062,000
Shareholders Equity
Retained Earnings	-8,226,039,000	-6,594,445,000	-4,489,744,000	-3,120,911,000
Total Shareholders Equity	978,069,000	1,734,137,000	2,898,125,000	4,060,214,000

Balance sheet annual history for Plug Power Inc (0R1J.L).
Balance Sheet (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	555,286,000	205,693,000	135,033,000	690,630,000
Short Term Investments	0	0	0	1,467,779,000
Net Receivables	240,026,000	251,296,000	370,059,000	191,906,000
Inventory	520,967,999	682,642,000	961,253,000	645,636,000
Total Current Assets	1,410,268,000	1,477,484,000	1,786,965,000	3,305,298,000
Property Plant Equipment	630,985,000	1,280,304,000	2,004,688,000	1,133,822,000
Goodwill and Intangibles	29,228,000	84,660,000	188,886,000	456,332,000
Total Assets	2,594,568,000	3,602,846,000	4,902,738,000	5,764,276,000
Liabilities
Account Payables	168,744,000	220,774,000	257,828,000	191,895,000
Short Term Debt	160,710,000	226,400,000	85,879,000	0
Total Current Liabilities	610,588,000	748,489,000	964,800,000	635,275,000
Long Term Debt	836,462,000	852,236,000	808,971,000	454,544,000
Total Liabilities	1,591,254,000	1,795,090,000	2,004,613,000	1,704,062,000
Shareholders Equity
Retained Earnings	-8,226,039,000	-6,594,445,000	-4,489,744,000	-3,120,911,000
Total Shareholders Equity	978,069,000	1,734,137,000	2,898,125,000	4,060,214,000

Cash flow quarterly history for Plug Power Inc (0R1J.L).
Cash Flow Statement (Quarterly)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-1,631,594,000	-2,104,905,000	-1,368,833,000	-724,008,000
Depreciation & Amortization	44,560,000	84,556,000	71,083,000	51,597,000
Stock Based Compensation	34,229,000	82,203,000	162,908,000	179,627,000
Change in Working Capital	-27,988,000	2,792,000	-542,003,000	-434,144,000
Operating Cash Flow	-535,835,000	-728,643,000	-1,106,570,000	-828,623,000
Investing Activities
Capital Expenditure	-125,640,000	-334,248,000	-696,126,000	-463,873,000
Investments	-125,640,000	-334,248,000	-696,126,000	-463,873,000
Investing Cash Flow	-137,228,000	-402,364,000	728,052,000	-679,370,000
Financing Activities
Debt Repayment	-282,076,000	136,797,000	24,616,000	-176,242,000
Common Stock Issued/Repurchased	720,659,000	857,872,000	-10,007,000	-23,735,000
Dividends Paid	0	0	0	0
Financing Cash Flow	628,173,000	983,170,000	6,117,000	-77,457,000
Summary
Free Cash Flow	-661,475,000	-1,062,891,000	-1,802,696,000	-1,292,496,000
Net Change in Cash	151,585,000	-128,435,000	-380,200,000	-1,582,850,000

Cash flow annual history for Plug Power Inc (0R1J.L).
Cash Flow Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	-1,631,594,000	-2,104,905,000	-1,368,833,000	-724,008,000
Depreciation & Amortization	44,560,000	84,556,000	71,083,000	51,597,000
Stock Based Compensation	34,229,000	82,203,000	162,908,000	179,627,000
Change in Working Capital	-27,988,000	2,792,000	-542,003,000	-434,144,000
Operating Cash Flow	-535,835,000	-728,643,000	-1,106,570,000	-828,623,000
Investing Activities
Capital Expenditure	-125,640,000	-334,248,000	-696,126,000	-463,873,000
Investments	-125,640,000	-334,248,000	-696,126,000	-463,873,000
Investing Cash Flow	-137,228,000	-402,364,000	728,052,000	-679,370,000
Financing Activities
Debt Repayment	-282,076,000	136,797,000	24,616,000	-176,242,000
Common Stock Issued/Repurchased	720,659,000	857,872,000	-10,007,000	-23,735,000
Dividends Paid	0	0	0	0
Financing Cash Flow	628,173,000	983,170,000	6,117,000	-77,457,000
Summary
Free Cash Flow	-661,475,000	-1,062,891,000	-1,802,696,000	-1,292,496,000
Net Change in Cash	151,585,000	-128,435,000	-380,200,000	-1,582,850,000