PLUG POWER INC
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $709.9M | $628.8M | $891.3M | $701.4M | $502.3M |
| Gross profit | -$242.0M | -$624.9M | -$507.8M | -$194.4M | -$171.3M |
| Operating income | -$1.5B | -$2.0B | -$1.3B | -$679.5M | -$437.3M |
| Operating expenses | $1.2B | $1.4B | $835.7M | $485.2M | $266.0M |
| Cost of revenue | $952.0M | $1.3B | $1.4B | $895.8M | $673.7M |
| Cash from operations | -$535.8M | -$728.6M | -$1.1B | -$828.6M | -$358.2M |
| Capital expenditure | $111.2M | $287.1M | $665.2M | $436.6M | $172.2M |
| Impairments | $785.4M | $949.3M | $269.5M | $800,000 | $0 |
| Total assets | $2.6B | $3.6B | $4.9B | $5.8B | $6.0B |
| Total liabilities | $1.6B | $1.8B | $2.0B | $1.7B | $1.3B |
| Stockholders' equity | $978.1M | $1.7B | $2.9B | $4.1B | $4.6B |
Shares outstanding 1.4B · Free float 91.2%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.