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Plug Power Inc (PLUG)

Plug Power Inc brought in $744.1M of revenue over the twelve months to June 30, 2026, up 10.6% from a year earlier. It posted a net loss of $1.6B. In fiscal 2025 capital spending exceeded operating cash flow by $647M. At June 30, 2026 it held $161.9M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 10, 2026.

Revenue (last 12 months)
$744.1M
+10.6% year on year
Net margin
-220.6%

What Plug Power Inc does

Plug Power Inc is registered with the SEC under industry code SIC 3620 (Electrical Industrial Apparatus). Its shares trade on NASDAQ under the ticker PLUG.

Revenue and profit by year

Revenue
FY18: $174.2M $174.2M FY18FY19: $230M $230M FY19FY20: -$93.2M -$93.2M FY20FY21: $502.3M $502.3M FY21FY22: $701.4M $701.4M FY22FY23: $891.3M $891.3M FY23FY24: $628.8M $628.8M FY24FY25: $709.9M $709.9M FY25
Net income
FY18: -$85.6M -$85.6M FY18FY19: -$83.7M -$83.7M FY19FY20: -$596.2M -$596.2M FY20FY21: -$460M -$460M FY21FY22: -$724M -$724M FY22FY23: -$1.4B -$1.4B FY23FY24: -$2.1B -$2.1B FY24FY25: -$1.6B -$1.6B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$709.9M-$1.5B-$1.6B-$1.42-$647M
2024$628.8M-$2B-$2.1B-$2.68-$1B
2023$891.3M-$1.3B-$1.4B-$2.30-$1.8B
2022$701.4M-$679.6M-$724M-$1.25-$1.3B
2021$502.3M-$437.3M-$460M-$0.82-$530.3M
2020-$93.2M-$584.2M-$596.2M-$1.68-$178M

Latest SEC filings

What Plug Power Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. August 10, 2026
    Quarterly report 10-Q · period to June 30, 2026
  3. August 10, 2026
  4. July 29, 2026
  5. July 13, 2026
  6. June 18, 2026
  7. June 15, 2026
  8. June 11, 2026
  9. June 4, 2026
  10. June 4, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 22, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about PLUG

What does Plug Power Inc do?

Plug Power Inc is registered with the SEC under industry code SIC 3620 (Electrical Industrial Apparatus). Its shares trade on NASDAQ under the ticker PLUG.

Is Plug Power Inc profitable?

No. Over the twelve months to June 30, 2026 it reported a net loss of $1.6B on revenue of $744.1M.

How much revenue does Plug Power Inc make?

Over the twelve months to June 30, 2026 Plug Power Inc reported revenue of $744.1M. That is 10.6% more than a year earlier.

When did Plug Power Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 10, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the executive or director change from September 23, 2026.

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Where the numbers come from

Financial figures are the values Plug Power Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.