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Plug Power PLUG Net gains (losses) on investments

Net gains (losses) on investments at other companies

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$4.35M
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-$1.37M+86.2%
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-$1.76M-143%

Other financials

Income statement

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Revenue$178.3M+2.5%
Gross profit-$1.7M+96.9%
Operating income-$64.1M+63.8%
Net income-$188.2M+17.1%
EPS (diluted)-$0.14+30.0%

Balance sheet

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Cash & equivalents$161.9M+15.0%
Total debt$243.6M-27.6%
Total equity$581.8M-65.4%
Total assets$2.2B-34.6%

Cash flow

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Operating cash flow-$94.1M+51.0%
CapEx$6.3M-83.7%
Free cash flow-$100.4M+56.4%

Valuation

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Market cap$2.94B+62.4%
Enterprise value$3.03B+50.6%
P/S+1.3×

Profitability

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Gross margin-19.3%-8.1pp
Operating margin-172.8%-47.5pp
Net margin-220.6%-43.7pp
FCF margin-70.3%-19.7pp

Returns & leverage

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Return on equity-145.1%+371pp
Debt / equity0.4×+0.2×
Current ratio2.3×+0.7×

Where this comes from

Reported directly by Plug Power in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The source filing: Plug Power’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 5:06 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-093454
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Change in fair value of convertible debt instruments(74,235)9,240(145,017)1,902
Change in fair value of debt(3,408)(3,408)
Change in fair value of warrant liabilities(29,291)(83,931)
Loss on equity method investments(675)(45,850)(1,145)(48,220)
Loss before income taxes$(189,895)$(228,715)$(435,891)$(425,574)
Income tax expense(207)(12)(248)(12)
Net loss$(190,102)$(228,727)$(436,139)$(425,586)
Net loss attributable to non-controlling interest(1,895)(1,628)(2,628)(1,831)

Item 1 — Interim Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Plug Power's net gains (losses) on investments?
Plug Power (PLUG) reported net gains (losses) on investments of -$675K in Q2 2026.
How has Plug Power's net gains (losses) on investments changed year-over-year?
Plug Power's net gains (losses) on investments increased by 98.5% year-over-year, from -$45.85M to -$675K.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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