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Plug Power PLUG Operating Lease ROU Assets

Operating Lease ROU Assets 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$2.89B+72.4%
Enterprise value$2.93B+56.5%
P/S3.9×+1.4×

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:OperatingLeaseRightOfUseAsset.

The source filing: Plug Power’s 10-Q, filed May 11, 2026.

Filed
May 11, 2026, 4:48 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-058712
Line itemMarch 31, 2026December 31, 2025
Restricted cash395,140438,698
Property, plant, and equipment, net240,499281,001
Right of use assets related to finance leases, net39,06544,852
Right of use assets related to operating leases, net170,193182,206
Equipment related to power purchase agreements and fuel delivered to customers, net133,788122,926
Contract assets24,31224,137
Intangible assets, net28,23129,228
Investments in non-consolidated entities and non-marketable securities45,61246,909

Item 1 — Interim Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Plug Power's operating lease ROU assets?
Plug Power (PLUG) reported operating lease ROU assets of $170.19M in Q1 2026.
How has Plug Power's operating lease ROU assets changed year-over-year?
Plug Power's operating lease ROU assets decreased by 21.4% year-over-year, from $216.46M to $170.19M.
What is the long-term trend for Plug Power's operating lease ROU assets?
Over 5 years (2020 to 2025), Plug Power's operating lease ROU assets has grown at a 9.3% compound annual growth rate (CAGR), from $117.02M to $182.21M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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