PLUG POWER INC
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
52-week range
- Market cap
- $4.5B
- EPS (diluted)
- $-1.42
- Shares outstanding
- 1.4B
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Oct 29, 1999
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- 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 23% 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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