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Plug Power PLUG Payments To Acquire Equipment On Lease

Payments To Acquire Equipment On Lease at other companies

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$32M+6.7%
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$0-100%
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$272M+45.5%
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Trinity IndustriesTRN
$151M+25.6%
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$170.7M+6.2%
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Mcgrath RentcorpMGRC
$44.93M+290%

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:PaymentsToAcquireEquipmentOnLease.

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 payments to acquire equipment on lease?
Plug Power (PLUG) reported payments to acquire equipment on lease of $5.71M in Q1 2026.
How has Plug Power's payments to acquire equipment on lease changed year-over-year?
Plug Power's payments to acquire equipment on lease increased by 1.8% year-over-year, from $5.61M to $5.71M.
What is the long-term trend for Plug Power's payments to acquire equipment on lease?
Over 4 years (2021 to 2025), Plug Power's payments to acquire equipment on lease has grown at a -8.0% compound annual growth rate (CAGR), from $20.17M to $14.48M.
What does payments to acquire equipment on lease mean?
Capital expenditures specifically allocated to purchasing equipment that will be deployed under lease agreements to customers. This metric measures the company's investment in its leasing business model and asset-based revenue generation.