PLUG POWER INC (PLUG)
About PLUG POWER INC
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
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Financial summary
- Revenue FY2025
- $709.9M
- Net income
- -$1.6B
- Total assets
- $2.6B
- Market cap
- $4.5B
- Gross margin
- -34.1%
- Operating margin
- -206.7%
- Net margin
- -238.6%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $709.9M
- Cost of revenue
- $952.0M
- Gross profit
- -$242.0M
- Operating expenses
- $1.2B
- Operating income
- -$1.5B
- Income tax
- $356.0K
- Net income
- -$1.7B
- EPS (basic)
- $-1.42
- EPS (diluted)
- $-1.42
Balance sheet
- Total assets
- $2.6B
- Current assets
- $1.4B
- Total liabilities
- $1.6B
- Current liabilities
- $610.6M
- Shareholders’ equity
- $1.0B
Cash flow
- Operating cash flow
- -$535.8M
- Investing cash flow
- -$139.0M
- Financing cash flow
- $630.0M
- Net cash flow
- -$44.9M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $4.5B
- EPS (diluted)
- $-1.42
- Shares outstanding
- 2.1B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 29, 1999
Plug Power Inc (PLUG) Stock Price
- Reported a net loss of $1.6B in FY2025.
- Revenue grew 861% from FY2020 to FY2025.
- Gross margin of -34.1%, net margin -238.6%.
- Trading 50% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Plug Power Inc: frequently asked questions
Is Plug Power Inc an American company?
Plug Power Inc is a US-based company headquartered in Slingerlands, New York, listed in the americancompanies.com directory of American companies. Its American-origin credentials have not yet been independently verified.
Where is Plug Power Inc headquartered?
Plug Power Inc is headquartered in Slingerlands, New York, United States.
Is Plug Power Inc publicly traded?
Yes — Plug Power Inc is a publicly traded company. Its stock trades under the ticker symbol PLUG on the NASDAQ.
What does Plug Power Inc do?
Plug Power Inc is an American Electrical company in the Energy & Utilities sector.
When was Plug Power Inc founded?
Plug Power Inc was founded in 1997.