PLUG
PLUG
NASDAQ · Electrical Equipment

Plug Power Inc

$2.23
-0.17 (-7.08%)
As of Mar 22, 9:59 PM ET ·
Financial Highlights (FY 2026)
Revenue
828.01M
Net Income
-1,903,048,183
Gross Margin
-34.1%
Profit Margin
-229.8%
Rev Growth
+0.4%
D/E Ratio
0.75
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin -34.1% -34.1% 40.8% 40.8%
Operating Margin -211.1% -190.0% 15.4% 15.4%
Profit Margin -229.8% -218.3% 12.0% 12.4%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 828.01M 824.71M 370.15M 390.01M
Gross Profit -282,269,016 -281,144,438 150.98M 159.08M
Operating Income -1,748,180,036 -1,567,093,657 56.98M 59.95M
Net Income -1,903,048,183 -1,705,919,685 44.25M 48.38M
Gross Margin -34.1% -34.1% 40.8% 40.8%
Operating Margin -211.1% -190.0% 15.4% 15.4%
Profit Margin -229.8% -218.3% 12.0% 12.4%
Rev Growth +0.4% +0.4% +3.1% +23.8%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 635.51M 635.51M 379.70M 360.03M
Total Equity 849.05M 849.05M 956.24M 862.53M
D/E Ratio 0.75 0.75 0.40 0.42
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA -1,775,188,596 -1,679,710,324 79.91M 90.57M
Free Cash Flow 53.46M 79.67M