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Plug Power PLUG Property Plant And Equipment Lessor Asset Under Operating Lease After Accumulated Depreciation

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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 plug:PropertyPlantAndEquipmentLessorAssetUnderOperatingLeaseAfterAccumulatedDepreciation.

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 property plant and equipment lessor asset under operating lease after accumulated depreciation?
Plug Power (PLUG) reported property plant and equipment lessor asset under operating lease after accumulated depreciation of $133.79M in Q1 2026.
How has Plug Power's property plant and equipment lessor asset under operating lease after accumulated depreciation changed year-over-year?
Plug Power's property plant and equipment lessor asset under operating lease after accumulated depreciation decreased by 11.6% year-over-year, from $151.28M to $133.79M.
What is the long-term trend for Plug Power's property plant and equipment lessor asset under operating lease after accumulated depreciation?
Over 5 years (2020 to 2025), Plug Power's property plant and equipment lessor asset under operating lease after accumulated depreciation has grown at a 10.2% compound annual growth rate (CAGR), from $75.81M to $122.93M.
What does property plant and equipment lessor asset under operating lease after accumulated depreciation mean?
This represents the net book value of assets owned by the company that are currently leased to third parties under operating lease agreements. It highlights the company's role as a lessor and the portion of its capital expenditure dedicated to generating recurring rental income rather than internal production.