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Plug Power PLUG Gross Profit
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Where this comes from
Calculated from Plug Power’s reported figures.
The source filing: Plug Power’s 10-Q, filed May 11, 2026.
- Filed
- May 11, 2026, 4:48 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001104659-26-058712
| Line item | Three months ended / March 31, 2026 | Three months ended / March 31, 2025 |
|---|---|---|
| Fuel delivered to customers and related equipment | 52,892 | 59,354 |
| Other | 146 | 343 |
| Total cost of revenue | 185,120 | 207,535 |
| Gross loss | (21,607) | (73,861) |
| Operating expenses: | ||
| Research and development | 12,113 | 17,357 |
| Selling, general and administrative | 70,208 | 80,839 |
| Restructuring | 1,425 | 17,154 |
Item 1 — Interim Condensed Consolidated Financial Statements (Unaudited)
FAQ
- What is Plug Power's gross profit?
- Plug Power (PLUG) reported gross profit of -$21.61M in Q1 2026.
- How has Plug Power's gross profit changed year-over-year?
- Plug Power's gross profit increased by 70.7% year-over-year, from -$73.86M to -$21.61M.
- What is the long-term trend for Plug Power's gross profit?
- Over 4 years (2021 to 2025), Plug Power's gross profit has grown at a 9.6% compound annual growth rate (CAGR), from -$171.31M to -$247.49M.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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