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PLUG POWER INC

PLUG

$1.35 ▼ -0.14 (-9.40%) at close

18 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

PLUG POWER INC faces fundamental challenges with weakness in Return on Common Equity (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $1.5B

Dividend Yield —

Revenue Growth 12.9% ↗

Op. Margin -206.7% ↗

ROIC -150.1% ↘

FCF / Share None

Trailing P/E —

Price / Book 1.6x

FCF Yield —

Debt / Equity —

info Valuation on last close. End-of-day price, Nov 5, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$709.92M

↑ +12.9% —

Net Income Profit after all expenses

$-1.63B

↑ +22.5% —

Operating Margin Operating profit as % of sales

-206.7%

↑ +35.7% 0th

Long-Term Debt Long-term obligations

$3.90M

↓ -56.7% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile
Return on Common Equity (%)Return on Common Equity (%) is in the bottom quartile

Health Breakdown

Profitability ↓

Returns ↓

Financial Health ↓

Financial view

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	12.9% Good → Good Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+330%)	-29.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-1082%)	27.1% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+802%)	39.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1221%)	N/M	N/M	31.7% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+956%)	31.4% Excellent → Excellent Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+946%)	54.7% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1723%)	-16.8% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-660%)	60.8% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1927%)	141.5% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+4615%)	1.9% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-37%)	-5.5% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-283%)	41.9% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1296%)	58.4% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1847%)	—	—
EPS Growth YoY (%)	47.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-16.5% Weak ↑ Weak Improving Year-over-year change in earnings per share Optimal: > 10%	-84.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	-52.4% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	51.2% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Income Growth YoY (%)	22.5% Good ↑ Good Improving Year-over-year change in net income	-53.8% Weak ↓ Weak Declining Year-over-year change in net income	-89.1% Weak ↑ Weak Improving Year-over-year change in net income	-57.4% Weak ↑ Weak Improving Year-over-year change in net income	22.8% Good ↑ Good Improving Year-over-year change in net income	-611.9% Weak ↓ Weak Declining Year-over-year change in net income	-7.2% Weak ↑ Weak Improving Year-over-year change in net income	38.5% Excellent ↑ Excellent Improving Year-over-year change in net income	-121.1% Weak ↓ Weak Declining Year-over-year change in net income	-3.2% Weak ↑ Weak Improving Year-over-year change in net income	37.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-41.2% Weak ↓ Weak Declining Year-over-year change in net income	-96.7% Weak ↓ Weak Declining Year-over-year change in net income	-16.1% Weak ↓ Weak Declining Year-over-year change in net income	41.5% Excellent Excellent Year-over-year change in net income	-15.4% Weak Weak Year-over-year change in net income	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	0.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	7.8% Fair ↓ Fair Declining Compound annual revenue growth over 3 years	—	45.0% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	42.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	—	38.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	19.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	27.4% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	47.8% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	58.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	32.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	11.0% Good Good Compound annual revenue growth over 3 years	28.5% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	—	22.3% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	38.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	39.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	42.4% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	—	29.1% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	45.7% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	38.5% Excellent ↑ Excellent Improving Compound annual revenue growth over 5 years	25.5% Excellent ↓ Excellent Declining Compound annual revenue growth over 5 years	39.6% Excellent Excellent Compound annual revenue growth over 5 years	39.2% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-206.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1133%)	-321.2% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1706%)	-150.7% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-854%)	-96.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-584%)	-87.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-535%)	—	-20.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-204%)	-39.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-299%)	-76.6% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-483%)	-60.0% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-400%)	-57.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-386%)	-59.1% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-395%)	-108.9% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-644%)	-140.5% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-802%)	-112.7% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-663%)	-244.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1320%)	-335.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1779%)	—
Effective Tax Rate (%) (%)	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.1% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	3.4% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	4.9% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	10.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	0.7% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	0.4% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.7% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—	—	—	—
Profit Margin (%) (%)	-229.8% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2015%)	-334.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2889%)	-153.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1380%)	-103.2% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-960%)	-91.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-863%)	—	-36.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-403%)	-44.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-473%)	-95.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-897%)	-66.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-658%)	-53.9% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-549%)	-137.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1248%)	-235.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2063%)	-122.0% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1117%)	-99.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-928%)	-241.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2110%)	-331.2% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-2860%)	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-150.1% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-116.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-46.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-16.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-9.2% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-37.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	195.7% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-2290.8% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-92.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-48.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-37.4% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-23.9% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	161.0% Excellent ↑ Excellent Improving Return earned on debt + equity capital invested Optimal: > 10%	-192.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-84.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-87.5% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-36.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	-56.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-56.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-27.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-11.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-7.3% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-25.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-10.1% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-17.8% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-37.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-21.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-28.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-18.6% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-81.9% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-92.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	-55.9% Weak Weak Operating profit relative to total assets Optimal: > 10%	—	—	—
Return on Common Equity (%) (%)	-166.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1768%)	-121.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1314%)	-47.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-572%)	-17.8% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-278%)	-10.0% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-200%)	-40.6% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-506%)	—	—	-172.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1826%)	-67.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-776%)	-44.6% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-546%)	-55.9% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-659%)	—	-212.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-2220%)	-94.6% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1046%)	-109.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-1194%)	-46.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-561%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	—	—	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	0.00x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-100%)	—	—	—	—	0.18x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-86%)	0.24x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-81%)	—	—	—	—	—	—	—	—
Interest Coverage (x)	-22.53x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-43.32x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-29.72x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-17.41x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-10.12x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-9.65x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-2.48x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-5.32x Weak ↑ Weak Improving Operating income divided by interest expense Optimal: > 5x	-11.58x Weak Weak Operating income divided by interest expense Optimal: > 5x	-6.23x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	-2463.76x Weak Weak Operating income divided by interest expense Optimal: > 5x	-100.83x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$-368.54M	$-205.69M	$-131.13M	$-681.63M	$-2.48B	$-1.31B	$-43.27M	$-38.60M	$-11.46M	$-25.18M	$-63.96M	$-146.21M	$-5.03M	$-9.38M	$-13.86M	$-10.96M	$-14.58M	$-80.84M
Debt / EBITDA (x)	—	—	-0.00x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.01x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	-0.13x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.42x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$0.62	$0.80	$1.50	$1.21	$0.90	$-0.26	—	—	—	—	—	—	—	—	—	—	—	—
Basic EPS, GAAP (USD)	$-1.42	$-2.68	$-2.30	$-1.25	$-0.82	$-1.68	—	—	—	—	—	—	—	—	—	—	—	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Book Value per Share (USD)	$0.85	$2.21	$4.87	$6.88	$7.97	$3.20	$-0.06	$0.01	$0.32	$0.45	$0.69	$0.91	$-0.17	$0.39	—	—	—	—
Tangible Book Value per Share (USD)	$0.83	$2.10	$4.55	$6.10	$7.32	$2.96	$-0.11	$-0.05	$0.26	$0.38	$0.62	$0.90	$-0.20	$0.25	—	—	—	—
Basic Weighted Avg Shares (shares)	1.15B	785.02M	595.47M	579.72M	558.18M	354.79M	—	—	—	—	—	—	—	—	—	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$799.68M	$729.00M	$822.16M	$2.67B	$4.03B	$1.38B	$84.33M	$9.24M	$3.89M	$44.45M	$88.52M	$167.04M	$11.11M	$6.90M	$22.45M	—	—	—
LT Debt (USD)	—	—	$3.90M	$9.00M	—	—	—	—	$13.37M	$20.83M	—	—	—	—	—	—	—	—
Total Equity (USD)	$978.07M	$1.73B	$2.90B	$4.06B	$4.61B	$1.47B	$-19.23M	$2.71M	$73.65M	$85.09M	$124.74M	$158.28M	$-17.87M	$15.03M	$29.04M	$42.91M	$88.27M	$125.86M

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$709.92M	$628.81M	$891.34M	$701.44M	$502.34M	$-93.24M	$229.97M	$174.63M	$132.93M	$85.93M	$103.29M	$64.23M	$26.60M	$26.11M	$27.63M	$19.47M	$12.29M	—
Depreciation Expense (USD)	$37.61M	$61.12M	$51.99M	$30.40M	$20.90M	$14.43M	$11.94M	$11.01M	$1.90M	$1.80M	$-1.50M	$-1.40M	$-1.40M	—	$2.13M	$4.97M	$3.63M	—
Net Income, GAAP (USD)	$-1.63B	$-2.10B	$-1.37B	$-724.01M	$-459.96M	$-596.15M	$-83.74M	$-78.11M	$-127.08M	$-57.49M	$-55.69M	$-88.49M	$-62.67M	$-31.86M	$-27.45M	$-46.96M	$-40.71M	—
Operating Cash Flow (USD)	$-535.84M	$-728.64M	$-1.11B	$-828.62M	$-358.18M	$-155.48M	$-53.32M	$-57.62M	$-60.18M	$-29.64M	$-47.27M	$-40.78M	$-26.88M	$-20.16M	—	—	—	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 5 days ago 18 years · 68 quarters

PLUG POWER INC

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