What is Plug Power's change in inventories?

Plug Power (PLUG) reported change in inventories of $6.86M in Q1 2026.

How has Plug Power's change in inventories changed year-over-year?

Plug Power's change in inventories decreased by 62.6% year-over-year, from $18.36M to $6.86M.

What is the long-term trend for Plug Power's change in inventories?

Over 4 years (2021 to 2025), Plug Power's change in inventories has grown at a -15.3% compound annual growth rate (CAGR), from $100.95M to -$51.89M.

What does change in inventories mean?

Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.

Plug Power PLUG Change in Inventories

Change in Inventories at other companies

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$3.7M+436%

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-$13.93M-124%

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$28.9M-33.8%

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$16.6M+86.5%

Fluence Energy, Inc.FLNC

$222.26M+46.7%

Other financials

Income statement

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Revenue$163.5M+22.3%

Gross profit-$21.6M+70.7%

Operating income-$109.5M+38.6%

Net income-$245.3M-24.7%

EPS (diluted)-$0.18+14.3%

Balance sheet

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Cash & equivalents$223.2M-24.6%

Total debt$263.3M-22.5%

Total equity$749.8M-59.6%

Total assets$2.4B-34.8%

Cash flow

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Operating cash flow-$150.0M-42.1%

CapEx$2.4M-94.0%

Free cash flow-$152.4M-4.4%

Valuation

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Market cap$3.78B+140%

Profitability

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Gross margin-26.4%-10.7pp

Operating margin-189%-51.4pp

Net margin-227.1%-48.7pp

FCF margin-88.3%-23.9pp

Returns & leverage

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Return on equity-128.9%+150pp

Debt / equity0.4×+0.2×

Current ratio2.4×+0.4×

Where this comes from

Reported directly by Plug Power in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInventories.

The official record: Plug Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plug Power's change in inventories?: Plug Power (PLUG) reported change in inventories of $6.86M in Q1 2026.
How has Plug Power's change in inventories changed year-over-year?: Plug Power's change in inventories decreased by 62.6% year-over-year, from $18.36M to $6.86M.
What is the long-term trend for Plug Power's change in inventories?: Over 4 years (2021 to 2025), Plug Power's change in inventories has grown at a -15.3% compound annual growth rate (CAGR), from $100.95M to -$51.89M.
What does change in inventories mean?: Increase or decrease in inventory levels, directly affecting operating cash flow and working capital.