Quick Answer
PLUG POWER INC reported Total Revenue of $709.92 million for fiscal year 2025.
PLUG POWER INC — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $709.92M +12.9% |
$628.81M -29.5% |
$891.34M +27.1% |
$701.44M +39.6% |
$502.34M +638.8% |
-$93.24M -140.5% |
| Net Income | -$1.63B +22.5% |
-$2.10B -53.8% |
-$1.37B -89.1% |
-$724.01M -57.4% |
-$459.96M +22.8% |
-$596.15M -611.9% |
| Diluted EPS | -$1.42 +47.0% |
-$2.68 -16.5% |
-$2.30 -84.0% |
-$1.25 -52.4% |
-$0.82 +51.2% |
-$1.68 -366.7% |
| Total Assets | $2.59B -28.0% |
$3.60B -26.5% |
$4.90B -14.9% |
$5.76B -3.1% |
$5.95B +842.4% |
$631.36M +75.0% |
| Cash and Equivalents | $368.54M +79.2% |
$205.69M +52.3% |
$135.03M -80.4% |
$690.63M -72.2% |
$2.48B +3237.7% |
$74.34M +89.0% |
| Long-Term Debt | — | — | — | — | — | — |
| Stockholders Equity | $978.07M -43.6% |
$1.73B -40.2% |
$2.90B -28.6% |
$4.06B -11.8% |
$4.61B +4311.9% |
$104.39M +1575.5% |
| R&D Expense | $57.96M -24.9% |
$77.23M -32.1% |
$113.75M +14.2% |
$99.58M +53.8% |
$64.76M +132.6% |
$27.85M +84.9% |
| Operating Income | -$1.47B +27.4% |
-$2.02B -50.3% |
-$1.34B -97.7% |
-$679.55M -55.4% |
-$437.32M +25.1% |
-$584.20M -1127.0% |
| Gross Profit | -$242.04M +61.3% |
-$624.89M -23.1% |
-$507.79M -161.3% |
-$194.36M -13.5% |
-$171.31M +63.5% |
-$469.42M -4508.5% |
| Shares Outstanding | — | — | — | — | — | — |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $177.06M | +1.9% | +1.8% |
| Net Income | September 30, 2025 | -$361.87M | -71.4% | -59.3% |
| Diluted EPS | September 30, 2025 | -$0.31 | -24.0% | -55.0% |
| Total Assets | September 30, 2025 | $3.10B | -34.3% | -7.4% |
| Cash and Equivalents | September 30, 2025 | $165.90M | +76.6% | +17.9% |
| Long-Term Debt | March 31, 2019 | $72.68M | +464.6% | +54543.6% |
| Stockholders Equity | September 30, 2025 | $1.42B | -53.2% | -15.7% |
| R&D Expense | September 30, 2025 | $16.12M | -18.2% | +32.2% |
| Operating Income | September 30, 2025 | -$348.79M | -61.4% | -97.1% |
| Gross Profit | September 30, 2025 | -$120.17M | -20.1% | -124.8% |
- PLUG POWER INC reported Total Revenue of $709.92 million for fiscal year 2025.
- PLUG POWER INC showed an increase of +12.9% in Total Revenue compared to the prior fiscal year.
- PLUG POWER INC reported Net Income of -$1.63 billion for fiscal year 2025.
- PLUG POWER INC showed an increase of +22.5% in Net Income compared to the prior fiscal year.
- PLUG POWER INC reported Diluted EPS of $1.42 per share (loss) for fiscal year 2025.
- PLUG POWER INC showed an increase of +47.0% in Diluted EPS compared to the prior fiscal year.
- PLUG POWER INC reported Total Assets of $2.59 billion for fiscal year 2025.
- PLUG POWER INC showed a decrease of -28.0% in Total Assets compared to the prior fiscal year.
- PLUG POWER INC reported Cash and Equivalents of $368.54 million for fiscal year 2025.
- PLUG POWER INC showed an increase of +79.2% in Cash and Equivalents compared to the prior fiscal year.
- PLUG POWER INC reported Long-Term Debt of $133.0 thousand for fiscal year 2018.
- PLUG POWER INC showed a decrease of -99.0% in Long-Term Debt compared to the prior fiscal year.
- PLUG POWER INC reported Stockholders Equity of $978.07 million for fiscal year 2025.
- PLUG POWER INC showed a decrease of -43.6% in Stockholders Equity compared to the prior fiscal year.
- PLUG POWER INC reported R&D Expense of $57.96 million for fiscal year 2025.
- PLUG POWER INC showed a decrease of -24.9% in R&D Expense compared to the prior fiscal year.
- PLUG POWER INC reported Operating Income of -$1.47 billion for fiscal year 2025.
- PLUG POWER INC showed an increase of +27.4% in Operating Income compared to the prior fiscal year.
- PLUG POWER INC reported Gross Profit of -$242.04 million for fiscal year 2025.
- PLUG POWER INC showed an increase of +61.3% in Gross Profit compared to the prior fiscal year.
- PLUG POWER INC reported Shares Outstanding of 180.09 million shares for fiscal year 2015.
- PLUG POWER INC showed an increase of +3.9% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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