PLUG POWER INC
PLUGNasdaq
$2.17
↑ +0.9%Jul 17 close · end-of-day
Price
1Y↑ +42.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.0B
Enterprise Value
$2.8B
P/E
—
P/S
4.1
P/B
4.0
EV/EBITDA
—
PEG
—
FCF Yield
-21.7%
Dividend Yield
—
Revenue (TTM)
$739.8M
Net Income (TTM)
-$1.7B
Free Cash Flow (TTM)
-$653.4M
Gross Margin
-25.7%
Operating Margin
-189.0%
Net Margin
-227.2%
ROE
-224.1%
ROIC
-209.8%
Debt / Equity
—
Net Cash
$223.2M
Return 1Y
+31.5%
Company profile
Plug Power Inc. provides hydrogen fuel cell turnkey solutions for the mobility, material handling, and stationary power markets in North America and internationally. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles.
- CEO
- Andrew J. Marsh
- Sector
- Manufacturing
- Industry
- Electrical Equipment
- Employees
- 2,450
- Headquarters
- New York
- Website
- plugpower.com
Management & directors
- Middleton Paul BCFO & Executive VP
- Haycraft Benjamin Toby PatrickCSO & EVP of EMEA Region
- Crespo Jose LuisSee Remarks
- Marsh AndrewPresident and CEO
Roles derived from SEC Form 4 filings.
Earnings
PLUG Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$163.5M↑ +22.3%
Diluted EPS-$0.18↓ -14.3%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | -$93.2M | $502.3M | $701.4M | $891.3M | $628.8M | $709.9M |
| Gross profit | -$469.4M | -$171.3M | -$194.4M | -$507.8M | -$624.9M | -$242.0M |
| Operating income | -$584.2M | -$437.3M | -$679.5M | -$1.3B | -$2.0B | -$1.5B |
| Net income | -$596.2M | -$460.0M | -$724.0M | -$1.4B | -$2.1B | -$1.6B |
| Diluted EPS | -$1.68 | -$0.82 | -$1.25 | -$2.30 | -$2.68 | -$1.42 |
| Operating cash flow | -$155.5M | -$358.2M | -$828.6M | -$1.1B | -$728.6M | -$535.8M |
| Free cash flow | -$178.0M | -$530.3M | -$1.3B | -$1.8B | -$1.0B | -$647.0M |
| Gross margin | 503.5% | -34.1% | -27.7% | -57.0% | -99.4% | -34.1% |
| Operating margin | 626.6% | -87.1% | -96.9% | -150.7% | -321.2% | -206.7% |
| Net margin | 639.4% | -91.6% | -103.2% | -153.6% | -334.8% | -229.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $143.3M | $173.7M | $191.5M | $133.7M | $174.0M | $177.1M | $225.2M | $163.5M |
| Gross profit | -$131.3M | -$100.0M | -$234.5M | -$73.9M | -$53.5M | -$120.2M | $5.5M | -$21.6M |
| Operating income | -$244.7M | -$216.2M | -$1.3B | -$178.5M | -$176.9M | -$348.8M | -$763.2M | -$109.5M |
| Net income | -$262.3M | -$211.2M | -$1.3B | -$196.7M | -$227.1M | -$361.9M | -$846.4M | -$245.3M |
| Diluted EPS | -$0.36 | -$0.25 | -$1.61 | -$0.21 | -$0.20 | -$0.31 | -$0.70 | -$0.18 |
| Operating cash flow | -$254.7M | -$174.9M | -$131.2M | -$105.6M | -$191.8M | -$89.8M | -$148.6M | -$150.0M |
| Free cash flow | -$356.0M | -$234.2M | -$165.2M | -$146.0M | -$230.4M | -$117.5M | -$153.0M | -$152.4M |
| Gross margin | -91.6% | -57.6% | -122.5% | -55.3% | -30.7% | -67.9% | 2.4% | -13.2% |
| Operating margin | -170.7% | -124.4% | -678.7% | -133.5% | -101.7% | -197.0% | -338.9% | -67.0% |
| Net margin | -183.0% | -121.5% | -697.6% | -147.1% | -130.5% | -204.4% | -375.8% | -150.0% |
Company news
Jul 20, 2026
Jul 18, 2026
Jul 17, 2026
- 3d agoWhy Plug Power (PLUG) Is Down 9.7% After Australian Hydrogen Hub Deal Enters Execution Phasefinance.yahoo.com
- 3d agoPlug Power’s Data Center Deals Boost Liquidity. What That Means for PLUG Stock.barchart.com
- 3d agoBloom's Billion-Dollar AI Deal Gets a Brutal Welcometrefis.com
- 3d agoPlug Power (PLUG) Stock Gets Fair Value Boost As Analysts Split On Executionfinance.yahoo.com
Jul 16, 2026
- 3d agoPlug Power (PLUG) Suffers a Larger Drop Than the General Market: Key Insightsfinance.yahoo.com
- 4d agoHere's Why Plug Power Stock Soared 37.6% in the First Half of 2026fool.com
- 4d agoPlug Power, Inc. (PLUG) is Attracting Investor Attention: Here is What You Should Knowfinance.yahoo.com
- 4d ago3 Small-Cap Stocks We Keep Off Our Radarfinance.yahoo.com
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-07-01 | BONNEY MARK J | Award | 8,764 | $2.71 | $23,750.44 | filing |
| 2026-07-01 | Joggerst Patrick | Award | 7,644 | $2.71 | $20,715.24 | filing |
| 2026-07-01 | Kenausis Gregory | Award | 3,980 | $2.71 | $10,785.80 | filing |
| 2026-07-01 | Angle Colin M | Award | 3,558 | $2.71 | $9,642.18 | filing |
| 2026-06-25 | MIDDLETON PAUL B· CFO & Executive VP | Award | 389,105 | $0.00 | $0.00 | filing |
| 2026-06-11 | BONNEY MARK J | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | Angle Colin M | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | Kenausis Gregory | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | WILLIS GARY K | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | MCNAMEE GEORGE C | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | Joggerst Patrick | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-11 | HELMER MAUREEN O | Award | 39,753 | $0.00 | $0.00 | filing |
| 2026-06-08 | HELMER MAUREEN O | Sale | 50,000 | $3.23 | $161,620.00 | filing |
| 2026-04-01 | BONNEY MARK J | Award | 10,509 | $2.26 | $23,750.34 | filing |
| 2026-04-01 | Mahtani Kavita | Award | 9,956 | $2.26 | $22,500.56 | filing |
| 2026-04-01 | Joggerst Patrick | Award | 8,850 | $2.26 | $20,001.00 | filing |
| 2026-04-01 | Kenausis Gregory | Award | 8,712 | $2.26 | $19,689.12 | filing |
| 2026-04-01 | Angle Colin M | Award | 3,872 | $2.26 | $8,750.72 | filing |
| 2026-04-01 | Marsh Andrew | Award | 3,688 | $2.26 | $8,334.88 | filing |
| 2026-01-12 | Haycraft Benjamin Toby Patrick· CSO & GM EMEA | Sale | 40,000 | $2.17 | $86,800.00 | filing |
| 2026-01-02 | WILLIS GARY K | Award | 16,497 | $1.97 | $32,499.09 | filing |
| 2026-01-02 | HELMER MAUREEN O | Award | 13,959 | $1.97 | $27,499.23 | filing |
| 2026-01-02 | MCNAMEE GEORGE C | Award | 13,008 | $1.97 | $25,625.76 | filing |
| 2026-01-02 | BONNEY MARK J | Award | 12,056 | $1.97 | $23,750.32 | filing |
| 2026-01-02 | Mahtani Kavita | Award | 11,421 | $1.97 | $22,499.37 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.