PLUG
Plug Power Inc.
Stock
$1.90+0.01 (+0.53%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $744M | $710M | $629M | $891M | $701M | $502M | −$93M | $230M | $174M | $103M | $83M | $103M | $64M | $27M | $26M | $28M | $19M | $12M |
| Cost of revenue | $882M | $952M | $1.3B | $1.4B | $896M | $674M | $376M | $219M | $200M | $131M | $79M | $113M | $69M | $38M | $25M | $23M | $23M | $7.2M |
| Gross profit | −$138M | −$242M | −$625M | −$508M | −$194M | −$171M | −$469M | $11M | −$26M | −$28M | $3.9M | −$9.9M | −$4.9M | −$11M | $755K | $5.0M | −$3.6M | $5.0M |
| R&D | $54M | $58M | $77M | $114M | $100M | $65M | $28M | $15M | $13M | $29M | $21M | $15M | $6.5M | $3.1M | $5.4M | $5.7M | $13M | $16M |
| SG&A | $310M | $380M | $376M | $422M | $364M | $180M | $79M | $43M | $38M | $45M | $34M | $34M | $27M | $15M | $15M | $15M | $26M | $15M |
| Other operating expenses | $783M | $788M | $942M | $300M | $22M | $21M | $7.6M | — | — | — | — | — | — | — | $17M | $16M | $5.4M | $15M |
| Operating income | −$1.3B | −$1.5B | −$2.0B | −$1.3B | −$680M | −$437M | −$584M | −$48M | −$76M | −$102M | −$52M | −$59M | −$38M | −$29M | −$37M | −$31M | −$48M | −$41M |
| Non-operating income | −$418M | −$226M | −$88M | −$33M | −$44M | −$39M | −$43M | −$36M | −$18M | −$25M | −$6.4M | $3.3M | −$51M | −$34M | $4.8M | $3.7M | $570K | — |
| Pretax income | −$1.7B | −$1.7B | −$2.1B | −$1.4B | −$723M | −$476M | −$627M | −$84M | −$95M | −$127M | −$58M | −$56M | −$89M | −$63M | −$32M | −$27M | −$47M | — |
| Taxes | −$62M | −$62M | −$2.9M | −$7.4M | $839K | −$16M | −$31M | $0 | −$9.3M | $0 | −$392K | $0 | −$325K | −$410K | $0 | $46K | $41K | — |
| Net income | −$1.6B | −$1.6B | −$2.1B | −$1.4B | −$724M | −$460M | −$596M | −$84M | −$86M | −$127M | −$57M | −$56M | −$88M | −$63M | −$32M | −$28M | −$47M | −$41M |
| Diluted EPS | −$1.25 | −$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 |
| Diluted shares | — | 1.15B | 785.0M | 595.5M | 579.7M | 558.2M | 354.8M | 237.2M | 218.9M | 216.3M | 180.6M | 176.1M | 159.2M | 76.4M | 34.4M | 18.8M | 13.1M | — |
| Revenue growth | — | +12.9% | −29.5% | +27.1% | +39.6% | — | −140.5% | +32.0% | +68.7% | +24.7% | −19.8% | +60.8% | +141.5% | +1.9% | −5.5% | +41.9% | +58.4% | — |
| Gross margin | −18.5% | −34.1% | −99.4% | −57.0% | −27.7% | −34.1% | 503.5% | 4.6% | −14.9% | −27.2% | 4.8% | −9.6% | −7.6% | −42.3% | 2.9% | 18.1% | −18.7% | 41.1% |
| Operating margin | −172.8% | −206.7% | −321.2% | −150.7% | −96.9% | −87.1% | 626.6% | −20.7% | −43.9% | −98.6% | −62.2% | −57.1% | −59.1% | −108.9% | −140.5% | −112.7% | −244.1% | −335.7% |
| Net margin | −220.6% | −229.8% | −334.7% | −153.6% | −103.2% | −91.6% | 639.4% | −36.4% | −49.1% | −123.1% | −69.4% | −53.9% | −137.8% | −235.6% | −122.0% | −99.5% | −241.4% | −331.2% |