PLUG
PLUG
NASDAQ · Electrical Equipment

Plug Power Inc

$2.79
-0.06 (-2.11%)
Financial Highlights (FY 2026)
Revenue
863.69M
Net Income
-1,985,043,754
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 863.69M 860.25M 370.15M 390.01M
Gross Profit -294,430,983 -293,257,951 150.98M 159.08M
Operating Income -1,823,502,890 -1,634,614,144 56.98M 59.95M
Net Income -1,985,043,754 -1,779,421,691 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 851.01M 851.01M 379.70M 360.03M
Total Equity 1.14B 1.14B 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 -1,777,736,493 -1,682,121,183 79.91M 90.57M
Free Cash Flow 53.46M 79.67M