How has Plug Power's business segments — asset impairment charges changed year-over-year?

Plug Power's business segments — asset impairment charges increased by 262.4% year-over-year, from $1.06M to $3.86M.

What does business segments — asset impairment charges mean?

This represents non-cash charges recognized when the carrying value of an asset within the segment exceeds its fair market value. High impairment charges often signal a decline in the expected future economic benefits of specific assets or projects.

Plug Power PLUG Business Segments — Asset Impairment Charges

Similar metrics at other companies

NYTReportable Segment — Impairment Charges

$714.5K—

INCYReportable Segment — Asset impairment

$19.07M—

DUKTotal Reportable Segments — Impairment of assets and other charges

-$1M-102%

TWSTReportable Segment — Impairment of long-lived assets

$0-100%

SYNAReportable Segment — Intangible asset impairment charge

$3.45M-13.8%

BAXReportable Segment — Indefinite-lived asset impairments

-$72.5M-480%

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: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 business segments — asset impairment charges?: Plug Power (PLUG) reported business segments — asset impairment charges of $3.86M in Q1 2026.
How has Plug Power's business segments — asset impairment charges changed year-over-year?: Plug Power's business segments — asset impairment charges increased by 262.4% year-over-year, from $1.06M to $3.86M.
What does business segments — asset impairment charges mean?: This represents non-cash charges recognized when the carrying value of an asset within the segment exceeds its fair market value. High impairment charges often signal a decline in the expected future economic benefits of specific assets or projects.