Plug Power Inc. PLUG R2KR3K
Company Overview
Plug Power Inc. designs, develops, and sells hydrogen products and solutions in Europe, Australia, North America, and internationally. The company offers GenDrive, a hydrogen fueled PEM fuel cell system, which powers material handling EVs, including Class 1, 2, 3 and 6 electric forklifts, automated guided vehicles, and ground support equipment; GenFuel, a liquid hydrogen fueling, delivery, generation, storage, and dispensing system; and GenCare, an Internet of Things based maintenance and on-site service program. It also provides GenKey, a turn-key solution; GenEco electrolyzers for clean hydrogen production; liquefaction systems; cryogenic equipment, such as trailers and mobile storage equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases; GenSure, a stationary fuel cell solution; and liquid hydrogen. The company serves customers in material handling operations, fuel cell electric vehicle fleets, and stationary power applications through its direct sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is based in Slingerlands, New York.
Why Investors Should Care
Revenue has grown at a 28.8% CAGR over the past five years.
Recent Developments
- Dec 2025 Revenue of $709.92M (+12.9% YoY); net profit $-1.63B.
- Trailing 12 Months Year-on-year growth — revenue +22.3%.
- 5-Year Trend Long-term compounding — revenue CAGR 28.8%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 28.85% |
| 1 Year: | 22.30% |
Stock Price Performance
| 1 Year: | +30.72% |
| 6 Months: | +1.88% |
| 3 Months: | -32.61% |
| 1 Month: | +4.83% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)47.98 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Compounding revenue at 28.8% over 5 years.
CONS
- Trading 47.6% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Industrials).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PLUG Plug Power Inc. R2KR3K | 2.17 | -1.56 | $3.03B | 0.00% | -73.96% | -128.79% | 28.85% | - |
| 2 | SPCX Space Exploration Technologies Corp. R3KAIDEFENCE | 147.95 | -134.50 | $1.12T | 0.00% | -3.22% | -11.95% | 34.08% | -3.34% |
| 3 | CAT Caterpillar Inc. SPXR3K | 813.94 | 35.05 | $374.15B | 0.76% | 17.98% | 56.97% | 2.29% | 5.24% |
| 4 | GE GE Aerospace SPXR3KDEFENCE | 337.12 | 39.85 | $349.78B | 0.50% | 9.52% | 48.23% | -7.42% | -5.36% |
| 5 | RTX RTX Corporation SPXR3KDEFENCE | 200.79 | 35.41 | $270.62B | 1.31% | 8.28% | 12.27% | 2.61% | 2.62% |
| 6 | GEV GE Vernova Inc. SPXR3KAI | 941.95 | 26.98 | $250.87B | 0.20% | 6.30% | 82.58% | 8.68% | - |
| 7 | DE Deere & Company SPXR3K | 693.53 | 39.29 | $187.33B | 1.05% | 12.53% | 18.35% | 3.43% | 5.10% |
| 8 | UNP Union Pacific Corporation SPXR3K | 291.88 | 23.83 | $173.40B | 1.92% | 15.22% | 39.70% | 2.30% | 7.77% |
| 9 | BA The Boeing Company SPXR3KDEFENCE | 212.25 | 76.08 | $167.63B | 0.00% | -9.01% | - | 1.67% | -3.28% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 24.01M | 31.43M | - | 15.33M | 20.46M | 17.56M | 32.58M | 15.23M | 20.78M | 34.59M | 33.66M | 26.42M | 35.23M | 53.16M | - | 21.58M | 57.53M | 59.46M | 91.61M | 40.82M | 68.00M | 107.05M | - | 71.96M | 124.56M | 143.92M | 140.80M | 151.27M | 188.63M | 210.29M | 260.18M | 198.71M | 120.26M | 143.35M | 173.73M | 133.67M | 173.97M | 177.06M | 163.51M | 178.30M |
| Gross Profit | 1.56M | 76.00K | -9.42M | 170.00K | 384.00K | 381.00K | 3.01M | -4.48M | -3.54M | -19.41M | -657.00K | -3.98M | -2.31M | 4.41M | 4.51M | -7.74M | 6.14M | 4.50M | 7.75M | -9.70M | -15.00K | -28.58M | -431.11M | -12.17M | -40.30M | -31.08M | -35.35M | -32.47M | -46.06M | -69.40M | -78.14M | -137.97M | -159.07M | -131.25M | -100.03M | -73.86M | -53.47M | -120.17M | -21.61M | -1.68M |
| Operating Income | -9.87M | -12.26M | -24.12M | -12.95M | -13.38M | -13.26M | -11.94M | -19.62M | -28.07M | -36.38M | -17.72M | -20.94M | -22.98M | -12.64M | -12.92M | -19.97M | -11.08M | -9.46M | -7.11M | -25.59M | -26.53M | -54.31M | -477.77M | -48.28M | -89.64M | -98.66M | -139.16M | -146.91M | -159.75M | -209.80M | -233.84M | -273.97M | -259.41M | -244.67M | -216.17M | -178.46M | -176.95M | -348.79M | -109.49M | -64.11M |
| Net Income | -9.23M | -10.21M | - | -11.75M | -13.13M | -13.39M | - | -24.04M | -42.62M | -40.98M | - | -19.84M | -25.87M | -15.56M | - | -30.55M | -17.34M | -17.82M | -18.04M | -37.43M | -9.40M | -65.22M | - | -60.75M | -99.63M | -106.67M | -156.49M | -173.30M | -170.76M | -206.56M | -236.40M | -283.48M | -295.78M | -262.33M | -211.17M | -196.66M | -227.10M | -361.87M | -245.30M | -188.21M |
| Diluted EPS | -0.05 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.12 | -0.18 | -0.19 | -0.27 | -0.30 | -0.30 | -0.35 | -0.40 | -0.47 | -0.46 | -0.36 | -0.25 | -0.21 | -0.20 | -0.31 | -0.18 | -0.14 |
| R&D Expense | 3.42M | 4.13M | - | 4.83M | 5.20M | 5.00M | - | 6.00M | 6.62M | 7.44M | - | 8.65M | 8.43M | 8.40M | - | 3.01M | 3.61M | 3.56M | 4.88M | 4.77M | 4.87M | 7.39M | - | 9.74M | 11.25M | 16.63M | 20.46M | 23.56M | 28.11M | 26.54M | 29.25M | 27.65M | 25.28M | 18.94M | 19.71M | 17.36M | 12.19M | 16.12M | 12.11M | 13.42M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.29M | 19.47M | 27.63M | 26.11M | 26.60M | 64.23M | 103.29M | 82.82M | 100.15M | 174.22M | 229.97M | -93.24M | 502.34M | 701.44M | 891.34M | 628.81M | 709.92M |
| Gross Profit | - | - | - | - | -11.25M | -4.86M | -9.89M | 3.95M | -28.09M | -26.00M | 10.65M | -469.42M | -171.31M | -194.36M | -507.79M | -624.89M | -242.04M |
| Operating Income | -41.27M | -47.53M | -31.13M | -36.67M | -28.96M | -37.93M | -59.00M | -51.52M | -101.79M | -76.44M | -47.61M | -584.20M | -437.32M | -679.55M | -1.34B | -2.02B | -1.47B |
| Net Income | -40.71M | -46.96M | -27.45M | -31.86M | -62.67M | -88.49M | -55.69M | -57.49M | -127.08M | -85.61M | -83.74M | -596.15M | -459.96M | -724.01M | -1.37B | -2.10B | -1.63B |
| Diluted EPS | - | - | - | - | - | - | - | - | - | - | -0.36 | -1.68 | -0.82 | -1.25 | -2.30 | -2.68 | -1.42 |
| R&D Expense | 16.32M | 12.90M | 5.66M | 5.43M | 3.12M | 6.47M | 14.95M | 21.18M | 28.69M | 12.75M | 15.06M | 27.85M | 64.76M | 99.58M | 113.75M | 77.23M | 57.96M |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 59.18M | 55.66M | 39.46M | 35.36M | 204.15M | 209.46M | 240.83M | 270.81M | 390.33M | 360.81M | 397.18M | 470.30M | 659.51M | 631.36M | 898.72M | 1.36B | 2.25B | 5.95B | 5.76B | 4.90B | 3.60B | 2.59B |
| Total Equity | 125.86M | 88.27M | 42.91M | 29.04M | 15.03M | -17.87M | 158.28M | 124.74M | 85.09M | 70.23M | -3.59M | -7.08M | -15.79M | -19.23M | 129.90M | 104.39M | 234.56M | 586.26M | 1.47B | 4.61B | 4.06B | 2.90B | 1.73B | 978.07M |
| Cash & Equivalents | 80.84M | 14.58M | 10.96M | 13.86M | 9.38M | 5.03M | 146.21M | 63.96M | 46.01M | 24.83M | 38.60M | 39.34M | 19.84M | 43.27M | 139.50M | 74.34M | 152.49M | 448.14M | 1.31B | 2.48B | 690.63M | 135.03M | 205.69M | 368.54M |
| Long Term Debt | - | - | - | - | - | - | - | - | 20.83M | 13.37M | 133.00K | - | - | - | - | - | - | - | - | - | 9.00M | 3.90M | - | - |
| Total Liabilities | - | - | 16.26M | 26.62M | 24.43M | 50.86M | 44.72M | 83.57M | 146.12M | 196.46M | 355.97M | 336.25M | 381.34M | 463.07M | 528.46M | 526.26M | 664.16M | 769.83M | 784.36M | 1.34B | 1.70B | 2.00B | 1.80B | 1.59B |
| Current Liabilities | - | - | 15.02M | 17.04M | 17.04M | 10.87M | 25.71M | 42.71M | 66.48M | 115.72M | 146.37M | 84.54M | 93.06M | 112.81M | 133.96M | 133.57M | 187.57M | 252.21M | 222.37M | 420.55M | 635.27M | 964.80M | 748.49M | 610.59M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | -33.31M | -20.16M | -26.88M | -40.78M | -47.27M | -29.64M | -60.18M | -58.35M | -53.32M | -155.48M | -358.18M | -828.62M | -1.11B | -728.64M | -535.84M |
| Investing Cash Flow | - | - | 10.32M | -13.92K | 3.21M | -965.00K | -2.02M | -58.08M | -44.36M | -19.57M | -14.24M | -95.33M | -1.74B | -679.37M | 728.05M | -402.36M | -139.01M |
| Financing Cash Flow | - | - | 25.93M | 15.70M | 19.37M | 182.92M | -32.92M | 76.67M | 71.62M | 120.08M | 326.97M | 1.52B | 3.60B | -77.46M | 6.12M | 983.17M | 629.95M |
| Capital Expenditure | -532.96K | -1.10M | 1.33M | -77.53K | -111.00K | -1.41M | -3.52M | -2.74M | -4.09M | -5.14M | -5.68M | -22.53M | -172.17M | -436.61M | -665.21M | -287.10M | -111.16M |
| Free Cash Flow | - | - | -31.98M | -20.24M | -26.99M | -42.19M | -50.79M | -32.38M | -64.27M | -63.49M | -59.01M | -178.00M | -530.34M | -1.27B | -1.77B | -1.02B | -647.00M |
| Share Buybacks | 534.42K | 441.51K | 158.49K | - | -6.10M | 603.00K | 247.00K | 182.00K | - | - | - | - | - | - | - | - | - |
Ratios (Annual)
Figures in %.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | -42.3% | -7.6% | -9.6% | 4.8% | -28.0% | -14.9% | 4.6% | 503.5% | -34.1% | -27.7% | -57.0% | -99.4% | -34.1% |
| Operating Margin % | -335.7% | -244.1% | -112.7% | -140.5% | -108.9% | -59.1% | -57.1% | -62.2% | -101.6% | -43.9% | -20.7% | 626.6% | -87.1% | -96.9% | -150.7% | -321.2% | -206.7% |
| Net Margin % | -331.2% | -241.2% | -99.4% | -122.0% | -235.6% | -137.8% | -53.9% | -69.4% | -126.9% | -49.1% | -36.4% | 639.4% | -91.6% | -103.2% | -153.6% | -334.7% | -229.8% |
| ROE % | -46.1% | -109.4% | -94.6% | -212.0% | 350.7% | -55.9% | -44.6% | -67.6% | -181.0% | 2,386.0% | -64.5% | -40.6% | -10.0% | -17.8% | -47.2% | -121.4% | -166.8% |
| ROCE % | - | -107.6% | -80.6% | -163.6% | -118.3% | -21.3% | -35.4% | -29.5% | -65.6% | -31.3% | -9.1% | -28.8% | -7.9% | -13.2% | -34.1% | -70.8% | -74.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 13.17% | 184.03M | $403.03M |
| 2 | Vanguard Portfolio Management LLC | 4.74% | 66.18M | $144.92M |
| 3 | Vanguard Capital Management LLC | 4.50% | 62.94M | $137.83M |
| 4 | State Street Corporation | 2.77% | 38.76M | $84.89M |
| 5 | Geode Capital Management, LLC | 2.62% | 36.56M | $80.06M |
| 6 | UBS Group AG | 2.37% | 33.13M | $72.55M |
| 7 | Citadel Advisors Llc | 1.73% | 24.15M | $52.89M |
| 8 | Two Sigma Investments, LP | 1.62% | 22.61M | $49.52M |
| 9 | Shaw D.E. & Co., Inc. | 1.57% | 21.94M | $48.06M |
| 10 | Dimensional Fund Advisors LP | 1.40% | 19.50M | $42.71M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for PLUG
Why PLUG Stock Is Rising Today: UK Hydrogen Project Clears Major Hurdle - Stocktwits
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How Investors May Respond To Plug Power (PLUG) Raising 2026 Revenue Guidance Amid Ongoing Losses - Yahoo Finance
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Plug Power stock drops 5% amid profit-taking; B... - Pluang
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Plug Power Shares Slip 3.7% After $944 Million Equity Move Puts Turnaround to the Test - TechStock²
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Plug Power Inc. stock outperforms competitors on strong trading day - MarketWatch
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Bloom Energy Spikes 8% as Risk-On Tape Lifts High-Beta Names, FuelCell Ticks Up, Plug Power Stays Flat - 24/7 Wall St.
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PLUG — Frequently Asked Questions
What is the current share price of Plug Power Inc. (PLUG)?
As of 2026-09-07 16:24 PDT, Plug Power Inc. (PLUG) trades at $2.17 on NasdaqCM. Its 52-week range is $1.41 to $4.14.
What is the market capitalisation of PLUG?
Plug Power Inc. (PLUG) has a market capitalisation of $3.03B on NasdaqCM.
What is the P/E ratio of PLUG?
PLUG trades at a trailing price-to-earnings (P/E) ratio of -1.56. The industry average P/E is 27.38. Its price-to-book (P/B) ratio is 4.05.
What is the return on equity (ROE) of PLUG?
PLUG has a return on equity (ROE) of -128.79%. Its return on capital employed (ROCE) is -73.96%.
Is PLUG a good stock to buy?
This page provides a data-driven analysis of Plug Power Inc. (PLUG), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.