What is Plug Power's pre-tax income?

Plug Power (PLUG) reported pre-tax income of -$246M in Q1 2026.

How has Plug Power's pre-tax income changed year-over-year?

Plug Power's pre-tax income decreased by 25.0% year-over-year, from -$196.86M to -$246M.

What is the long-term trend for Plug Power's pre-tax income?

Over 4 years (2021 to 2025), Plug Power's pre-tax income has grown at a 37.3% compound annual growth rate (CAGR), from -$476.16M to -$1.69B.

What does pre-tax income mean?

Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

Plug Power PLUG Pre-Tax Income

Pre-Tax Income at other companies

Bloom EnergyBE

$74.14M+423%

Helios TechnologiesHLIO

$25.6M+169%

Franklin ElectricFELE

$45.78M+9.4%

PhiniaPHIN

$57M+14.0%

KBRKBR

$143M-12.8%

Fluence Energy, Inc.FLNC

-$27.7M+36.9%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$150.0M-42.1%

CapEx$2.4M-94.0%

Free cash flow-$152.4M-4.4%

Valuation

See full

Market cap$3.78B+140%

Profitability

See full

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

See full

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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

Ask your AI about Plug Power's pre-tax income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Plug Power's pre-tax income?: Plug Power (PLUG) reported pre-tax income of -$246M in Q1 2026.
How has Plug Power's pre-tax income changed year-over-year?: Plug Power's pre-tax income decreased by 25.0% year-over-year, from -$196.86M to -$246M.
What is the long-term trend for Plug Power's pre-tax income?: Over 4 years (2021 to 2025), Plug Power's pre-tax income has grown at a 37.3% compound annual growth rate (CAGR), from -$476.16M to -$1.69B.
What does pre-tax income mean?: Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.