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Plug Power PLUG Income Statement

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
$739.76M+15.2%$709.92M+12.9%$676.17M+2.5%$672.84M-1.7%$642.22M-19.9%
$929.54M-21.4%$951.96M-24.1%$1.16B-9.0%$1.13B-15.0%$1.18B-15.5%
-$195.24M+63.8%-$247.49M+60.4%-$482.02M+21.3%-$461.88M+29.0%-$539.67M+9.7%
-26.4%+57.6pp-34.9%+64.5pp-71.3%+21.6pp-68.6%+26.4pp-84%-9.5pp
$52.72M-23.9%$57.96M-24.9%$58.96M-37.4%$62.56M-38.8%$69.3M-38.4%
$368.94M-2.7%$379.57M+0.9%$400.75M+9.3%$381.74M+0.4%$378.99M-4.4%
$1.21B-13.6%$1.23B-12.2%$1.52B+107%$1.41B+87.1%$1.4B+75.9%
$1.21B-13.6%$1.23B-12.2%$1.52B+107%$1.41B+87.1%$1.4B+75.9%
-$1.4B+27.9%-$1.47B+27.4%-$2B-48.9%-$1.87B-33.3%-$1.94B-39.2%
-189%+113pp-206.7%+115pp-296.3%-92.2pp-278.1%-73.0pp-301.9%-128pp
$70.99M+51.7%$65.13M+39.7%$60.52M+46.0%$53.21M+20.6%$46.78M+2.0%
$28.19M-43.1%
-$10.79M$1.22M-$11.68M
-$53.16M-148%-$55.06M-71.1%-$54.62M-7.4%-$60.04M-22.0%-$21.43M+56.8%
-$1.74B+13.3%-$1.69B+19.7%-$2.13B-50.6%-$1.97B-32.6%-$2.01B-37.2%
-$1.68B+16.2%-$1.63B+22.5%-$2.12B-50.3%-$1.97B-32.8%-$2.01B-37.6%
-227.1%+85.2pp-229.8%+105pp-313.7%-99.6pp-292.8%-76.0pp-312.3%-130pp
-$1.38+44.1%-$1.41+48.2%-$2.37-10.2%-$2.31+2.5%-$2.47-2.5%
-$1.38+44.1%-$1.41+48.2%-$2.37-10.2%-$2.31+2.5%-$2.47-2.5%
4.8B+45.0%4.4B+44.9%4B+41.8%3.7B+44.4%3.3B+36.6%
4.8B+45.0%4.4B+44.9%4B+41.8%3.7B+44.4%3.3B+36.6%
$10.13M-47.5%$25.86M+217%$25.64M$20.63M$19.3M
-$11.39M+38.3%-$23.49M-48.2%-$23.68M-1,400%-$22.4M-4,450%-$18.47M-253%
-$96.34M-873%-$32.9M-861%$1.05M$190K-$9.91M
-$41.44M-$128.1M
-$10.79M$1.22M-$11.68M
$196.48M
-$1.4B+27.9%-$1.47B+27.4%-$2B-48.9%-$1.87B-33.3%-$1.94B-39.2%
-$1.36B+26.9%-$1.42B+26.5%-$1.95B-54.3%-$1.8B-36.5%-$1.86B-41.5%
-$1.36B+26.9%-$1.42B+26.5%-$1.95B-54.3%-$1.8B-36.5%-$1.86B-41.5%
-184%+106pp-200.4%+107pp-287.8%-96.6pp-267.8%-74.9pp-289.9%-126pp
-$1.4B+27.9%-$1.47B+27.4%-$2B-48.9%-$1.87B-33.3%-$1.94B-39.2%

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Questions, answered.

What are Plug Power's profit margins?
Gross margin is -26.4% and operating margin is -189.0%, with a -227.1% net margin.
Where does Plug Power's income statement data come from?
Every line is extracted from Plug Power's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.