PLUG POWER INC Gross Profit

Quick Answer

PLUG POWER INC reported Gross Profit of -$242.04 million for fiscal year 2025.

PLUG POWER INC Gross Profit — Annual History

Fiscal Year Gross Profit YoY Change
2025 -$242.04M +61.3%
2024 -$624.89M -23.1%
2023 -$507.79M -161.3%
2022 -$194.36M -13.5%
2021 -$171.31M +63.5%
2020 -$469.42M -4508.5%
2019 $10.65M +140.9%
2018 -$26.00M +7.4%
2017 -$28.09M -811.8%
2016 $3.95M +139.9%
2015 -$9.89M -103.4%
2014 -$4.86M +56.8%
2013 -$11.25M

Quarterly Gross Profit

Quarter Ending Gross Profit YoY QoQ
September 30, 2025 -$120.17M -20.1% -124.8%
June 30, 2025 -$53.47M +59.3% +27.6%
March 31, 2025 -$73.86M +53.6% +26.2%
September 30, 2024 -$100.03M +27.5% +23.8%
June 30, 2024 -$131.25M -68.0% +17.5%
March 31, 2024 -$159.07M -129.2% -15.3%
September 30, 2023 -$137.97M -199.5% -76.6%
June 30, 2023 -$78.14M -140.7% -12.6%
  • PLUG POWER INC showed an increase of +61.3% in Gross Profit compared to the prior fiscal year.
  • Over the 2013–2025 period, PLUG POWER INC’s gross profit has declined by 2051.8% (from -$11.25 million to -$242.04 million).
  • The most recent figure is from PLUG POWER INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 2, 2026.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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