Plug Power PLUG Power Purchase Agreements — Cost of Goods Sold

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Questions, answered.

What is Plug Power's power purchase agreements — cost of goods sold?

Plug Power (PLUG) reported power purchase agreements — cost of goods sold of $40.15M in Q1 2026.

How has Plug Power's power purchase agreements — cost of goods sold changed year-over-year?

Plug Power's power purchase agreements — cost of goods sold decreased by 19.6% year-over-year, from $49.93M to $40.15M.

What is the long-term trend for Plug Power's power purchase agreements — cost of goods sold?

Over 4 years (2021 to 2025), Plug Power's power purchase agreements — cost of goods sold has grown at a 14.9% compound annual growth rate (CAGR), from $102.42M to $178.73M.

What does power purchase agreements — cost of goods sold mean?

This metric captures the direct costs associated with generating and delivering energy under power purchase agreements, including production, storage, and distribution expenses. It serves as a key measure of the operational efficiency and cost structure of the company's hydrogen supply chain. Monitoring this helps evaluate the profitability of energy delivery services relative to the revenue generated.