PLUG
Plug Power Inc.
NASDAQ · Industrials · Electrical Equipment & Parts · US
$2.17
+2.84%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 744.1M | 709.9M | 628.8M | 891.3M | 701.4M |
| Cost of Revenue | 882.1M | 952.0M | 1.3B | 1.4B | 895.8M |
| Gross Profit | (138.0M) | (242.0M) | (624.9M) | (507.8M) | (194.4M) |
| Operating Expenses | |||||
| R&D Expense | 53.9M | 58.0M | 77.2M | 113.7M | 99.6M |
| SG&A Expense | 310.3M | 379.6M | 376.1M | 422.5M | 363.9M |
| General & Admin Expense | 29.3M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 19.7M | — | 941.6M | 299.5M | 21.7M |
| Total Operating Expenses | 384.0M | 437.5M | 1.4B | 835.7M | 485.2M |
| Cost and Expenses | 1.3B | 1.4B | 2.6B | 2.2B | 1.4B |
| Operating Income (EBIT) | (522.0M) | (679.6M) | (2.0B) | (1.3B) | (679.5M) |
| Non-Operating | |||||
| Interest Income | 14.9M | 19.4M | 30.7M | 55.8M | 37.3M |
| Interest Expense | 71.9M | 65.1M | 46.6M | 45.2M | 39.0M |
| Net Interest Income | (57.1M) | (45.7M) | (15.9M) | 10.6M | (1.8M) |
| Other Non-Op Income/Expense | (1.2B) | (1.0B) | (87.7M) | (32.7M) | (43.6M) |
| Non-Operating Income (excl Interest) | 1.1B | 948.6M | 41.1M | (12.5M) | 4.6M |
| EBT (Pre-Tax Income) | (1.7B) | (1.7B) | (2.1B) | (1.4B) | (723.2M) |
| Income Tax Expense | 592.0K | 356.0K | (2.7M) | (7.4M) | 839.0K |
| Bottom Line | |||||
| Net Income | (1.6B) | (1.6B) | (2.1B) | (1.4B) | (724.0M) |
| Earnings from Cont. Ops | (1.7B) | (1.7B) | (2.1B) | (1.4B) | (724.0M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (1.6B) | (1.6B) | (2.1B) | (1.4B) | (724.0M) |
| Per Share | |||||
| Basic EPS | ($1.36) | ($1.41) | ($2.45) | ($2.30) | ($1.25) |
| Diluted EPS | ($1.36) | ($1.41) | ($2.45) | ($2.30) | ($1.25) |
| Revenue Per Share | $0.53 | $0.61 | $0.73 | $1.50 | $1.21 |
| Shares | |||||
| Basic Shares Outstanding | 1.4B | 1.2B | 858.4M | 595.5M | 579.7M |
| Diluted Shares Outstanding | 1.4B | 1.2B | 858.4M | 595.5M | 579.7M |
| Profitability Metrics | |||||
| EBITDA | (1.6B) | (1.6B) | (2.0B) | (1.3B) | (632.5M) |
| D&A | 37.5M | 44.6M | 84.6M | 71.1M | 51.6M |
| EBIT | (1.6B) | (1.6B) | (2.1B) | (1.3B) | (684.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026