Plug Power Inc. (PLUG)

Stock NASDAQ

$1.50

+0.04 (+2.61%)

Delayed quote.

Price history

Daily close
PLUG daily closing price, Nov 10, 2025 to Nov 9, 2026 Closed at $2.56 on Nov 10, 2025 and $1.50 on Nov 9, 2026, a change of -41.41%. Range $1.31 to $4.14.
Daily closes, Nov 10, 2025 to Nov 9, 2026 (251 trading days).
Start
$2.56
Latest close
$1.50
Period change
-41.41%
Period low
$1.31
Period high
$4.14

Key metrics

Market cap
$2.08B
Volume
9.41M
Average volume
53.55M
52-week range
$1.30 – $4.33
Beta
2.15
Last dividend
—
EPS (TTM)
-$0.98
P/E ratio
-1.40
Revenue (TTM)
$767.63M
Net income (TTM)
-$1.18B
Total assets
$2.10B
Total debt
$693.77M
Cash and equivalents
$134.13M

Key financials (trailing twelve months).

Company profile

Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets. The company is actively constructing an end-to-end green hydrogen ecosystem, encompassing its production, efficient storage and delivery, and subsequent energy generation for both mobile and fixed applications. Its technological portfolio includes advanced proton exchange membrane (PEM) and fuel cell systems, fuel processing capabilities, and innovative fuel cell/battery hybrid designs. Furthermore, Plug Power develops the essential infrastructure for green hydrogen generation, storage, and dispensing. Among its flagship offerings is GenDrive, a hydrogen-powered PEM fuel cell system specifically engineered for material handling electric vehicles. GenFuel provides a complete liquid hydrogen fueling solution, covering generation, storage, delivery, and dispensing. GenCare is an IoT-driven service program that ensures ongoing maintenance and on-site support for various Plug Power systems, including GenDrive, GenSure, GenFuel, and ProGen. For stationary power needs, GenSure delivers modular PEM fuel cell power, crucial for backup and grid-support in telecommunications, transportation, and utility sectors. The company also offers GenKey, an integrated, ready-to-use solution for businesses transitioning to fuel cell power. ProGen represents the core fuel cell stack and engine technology, versatile enough for mobile and stationary fuel cell systems, and serving as engines in electric delivery vans. Additionally, GenFuel Electrolyzers are optimized hydrogen generators designed for clean hydrogen production. Plug Power distributes its products through a multi-channel approach, leveraging a direct sales force, collaborations with original equipment manufacturers (OEMs), and an extensive dealer network. The firm boasts significant strategic alliances with prominent entities such as Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. Established in 1997, Plug Power Inc. maintains its corporate headquarters in Latham, New York.

Sector
Industrials
Industry
Electrical Equipment & Parts
Exchange
NASDAQ
CEO
Jose Luis Crespo
Employees
2,344
Headquarters
Slingerlands, NY, US
IPO date
1999-10-29

Financial statements

Annual, last 3 fiscal years. Most recent period first. Reported in USD.

Income statement
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Revenue$709.92M$628.81M$891.34M
Gross profit-$242.04M-$624.89M-$507.79M
Operating income-$679.57M-$2.02B-$1.34B
EBITDA-$1.58B-$1.98B-$1.26B
Net income-$1.63B-$2.10B-$1.37B
Diluted EPS-$1.41-$2.45-$2.30
Balance sheet
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Cash and equivalents$555.29M$205.69M$135.03M
Total assets$2.59B$3.60B$4.90B
Total liabilities$1.59B$1.80B$2.00B
Total debt$997.17M$1.08B$1.13B
Shareholders’ equity$978.07M$1.73B$2.90B
Cash flow statement
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023
Operating cash flow-$535.84M-$728.64M-$1.11B
Capital expenditure-$125.64M-$334.25M-$696.13M
Free cash flow-$661.48M-$1.06B-$1.80B

Quarterly, last 6 quarters. Most recent period first. Reported in USD.

Income statement
MetricQ3 2026Sep 30, 2026Q2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025
Revenue$200.60M$178.30M$163.51M$225.22M$177.06M$173.97M
Gross profit-$5.36M-$1.68M-$21.61M$5.45M-$120.17M-$53.47M
Operating income-$86.25M-$64.11M-$103.93M-$107.09M-$246.88M-$153.55M
EBITDA-$86.25M-$165.53M-$221.43M-$877.57M-$336.82M-$198.00M
Net income$99.77M-$188.21M-$245.30M-$845.97M-$361.87M-$227.10M
Diluted EPS$0.07-$0.14-$0.18-$0.73-$0.31-$0.20
Balance sheet
MetricQ3 2026Sep 30, 2026Q2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025
Cash and equivalents$134.13M$161.89M$223.19M$555.29M$165.90M$140.74M
Total assets$2.10B$2.19B$2.37B$2.59B$3.10B$3.35B
Total liabilities$1.39B$1.61B$1.59B$1.59B$1.61B$1.59B
Total debt$693.77M$823.10M$1.01B$997.17M$991.43M$991.97M
Shareholders’ equity$705.90M$581.75M$749.81M$978.07M$1.42B$1.68B
Cash flow statement
MetricQ3 2026Sep 30, 2026Q2 2026Jun 30, 2026Q1 2026Mar 31, 2026Q4 2025Dec 31, 2025Q3 2025Sep 30, 2025Q2 2025Jun 30, 2025
Operating cash flow-$76.42M-$94.06M-$150.04M-$148.64M-$89.81M-$191.81M
Capital expenditure$2.43M-$6.30M-$8.11M-$9.06M-$30.10M-$38.62M
Free cash flow-$73.99M-$100.37M-$158.16M-$157.71M-$119.91M-$230.43M