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Plug Power PLUG Asset write-downs

Asset write-downs at other companies

StrykerSYK

$0-100%

Schlumberger SLB

$82.75M+104%

Phillips 66PSX

$8M-69.2%

Johnson & JohnsonJNJ

$36M+20.0%

CencoraCOR

$0—

Equinix, Inc.EQIX

$2M—

Segments

By segment

Single Reportable$3.86M+262%

Other financials

Income statement

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

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

Operating cash flow-$150.0M-42.1%

CapEx$2.4M-94.0%

Free cash flow-$152.4M-4.4%

Valuation

Market cap$3.78B+140%

Profitability

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

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:AssetImpairmentCharges.

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 asset write-downs?: Plug Power (PLUG) reported asset write-downs of $3.86M in Q1 2026.
How has Plug Power's asset write-downs changed year-over-year?: Plug Power's asset write-downs increased by 262.4% year-over-year, from $1.06M to $3.86M.