Company Analysis

Plug Power, Inc. (PLUG)

Nasdaq: PLUG · Electrical Industrial Apparatus · Slingerlands, NY · filing with the SEC since 1999
Grade3.1
◀ Past 3.2● Present 3.5▶ Future 2.3
1 est.

The company now

Plug Power, Inc. is classed by the SEC under Electrical Industrial Apparatus (industry code 3620), based in Slingerlands, NY. In its latest annual figures on file, for the fiscal year ended 2025-12-31, it reported revenue of $710 million and a loss of $1.6 billion (its filed statements).

From its filings and filed figures; the desk's account of it is not written yet.

Where the revenue comes from

fiscal 2025, as filed

Revenue by product, fiscal 2025

ProductFiscal 2025Fiscal 2024Share of revenue
Sale of Electrolyzers$188M$136M26.5%
Fuel Delivered to Customers and Related Equipment$133M$97.9M18.8%
Power Purchase Agreements$108M$77.8M15.2%
Sale of Cryogenic Equipment$95.7M$112M13.5%
Services Performed On Fuel Cell Systems and Related Infrastructure$94.5M$52.2M13.3%
Sales of Fuel Cell Systems$54.0M$52.1M7.6%
Sale of Hydrogen Infrastructure$26.8M$69.1M3.8%
Sale of Engineered Equipment$6.9M$22.1M1.0%
Other Product and Services$3.4M$10.6M0.5%

Revenue by region, fiscal 2025

RegionFiscal 2025Fiscal 2024Share of revenue
United States$536M$428M75.5%
Other foreign countries$174M$201M24.5%

As tagged in its annual report (Form 10-K, filed Mar 2, 2026 ↗), read from the SEC's financial statement data sets. The year before is the figure the record holds for the prior fiscal year.

The desk's written account of this company, its Past, Present and Future, is not on file yet.

How the company works

The desk has not read this company's annual report yet.

The record in brief

The desk has not written this company's report yet.

SI Assistanton PLUG · research, not advice