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Plug Power PLUG Increase (Decrease) in Contract with Customer, Asset

Increase (Decrease) in Contract with Customer, Asset at other companies

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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 us-gaap:IncreaseDecreaseInContractWithCustomerAsset.

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 increase (decrease) in contract with customer, asset?
Plug Power (PLUG) reported increase (decrease) in contract with customer, asset of -$1.56M in Q1 2026.
How has Plug Power's increase (decrease) in contract with customer, asset changed year-over-year?
Plug Power's increase (decrease) in contract with customer, asset decreased by 169.1% year-over-year, from -$580K to -$1.56M.
What is the long-term trend for Plug Power's increase (decrease) in contract with customer, asset?
Over 3 years (2021 to 2025), Plug Power's increase (decrease) in contract with customer, asset has grown at a 59.8% compound annual growth rate (CAGR), from $10.61M to $43.28M.