Skip to content
Screener

Plug Power PLUG Business Segments — Revenue

Similar metrics at other companies

Vuzix logo
VUZISingle Reportable — Revenue
$1.39M-12.0%
Ur-Energy logo
URGSingle Reportable — Revenue
$3.93M
Citi Trends logo
CTRNSingle Reportable — Revenue
$230.86M+14.4%
XOM
XOMASingle Reportable — Revenue
$12.32M-22.6%
Rigetti Computing, Inc. logo
RGTISingle Reportable — Revenue
$5.14M+185%
Axcelis Technologies logo
ACLSSingle Reportable — Revenue
$215.18M+10.6%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow-$150.0M-42.1%
CapEx$2.4M-94.0%
Free cash flow-$152.4M-4.4%

Valuation

See full
Market cap$2.89B+72.4%
Enterprise value$2.93B+56.5%
P/S3.9×+1.4×

Profitability

See full
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

See full
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:Revenues.

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 itemThree months ended March 31, 2026Three months ended March 31, 2025
Total net revenue$163,513$133,674
Cost of revenue:
Sales of equipment, related infrastructure and other$(85,327)$(74,556)
Services performed on fuel cell systems and related infrastructure(14,421)(14,462)
Benefit/(provision) for loss contracts related to service7,814(8,888)
Power purchase agreements(40,148)(49,932)
Fuel delivered to customers and related equipment(52,892)(59,354)
Other costs of revenue(146)(343)

Item 1 — Interim Condensed Consolidated Financial Statements (Unaudited)

FAQ

What is Plug Power's business segments — revenue?
Plug Power (PLUG) reported business segments — revenue of $163.51M in Q1 2026.
How has Plug Power's business segments — revenue changed year-over-year?
Plug Power's business segments — revenue increased by 22.3% year-over-year, from $133.67M to $163.51M.
What is the long-term trend for Plug Power's business segments — revenue?
Over 3 years (2022 to 2025), Plug Power's business segments — revenue has grown at a 0.4% compound annual growth rate (CAGR), from $701.44M to $709.92M.
What does business segments — revenue mean?
This represents the total gross income generated by the company's primary business segment through the sale of goods and services related to its hydrogen ecosystem. It serves as a key indicator of market adoption and the scale of the company's core commercial operations.

Ask your AI about Plug Power's business segments — revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude