Plug Power (PLUG)
Builds fuel cells, electrolyzers, and infrastructure for producing and delivering hydrogen.
$2.11
vs last close+0.02 (+0.76%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 199 | 222 | 120 | 143 | 174 | 191 | 134 | 174 | 177 | 225 | 164 | 178 |
| Cost of revenue | 337 | 414 | 264 | 275 | 274 | 426 | 208 | 227 | 297 | 220 | 185 | 180 |
| Gross profit | −138 | −192 | −143 | −131 | −100 | −235 | −74 | −53 | −120 | 5 | −22 | −2 |
| 136 | 434 | 116 | 113 | 116 | 1,065 | 98 | 100 | 127 | 113 | 82 | 62 | |
| Research & development | 28 | 30 | 25 | 19 | 20 | 13 | 17 | 12 | 16 | 12 | 12 | 13 |
| 105 | 0 | 0 | 85 | 92 | 121 | 81 | 88 | 111 | 100 | 70 | 29 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29 |
| Other expenses | 3 | 404 | 91 | 9 | 5 | 930 | 0 | 0 | 0 | 0 | 0 | 20 |
| Operating income | −274 | −626 | −259 | −245 | −216 | −1,300 | −172 | −154 | −247 | −107 | −104 | −64 |
| −14 | −17 | −36 | −18 | 5 | −39 | −25 | −75 | −117 | −797 | −142 | −126 | |
| Interest income | 10 | 11 | 9 | 8 | 7 | 6 | 5 | 6 | 4 | 4 | 4 | 3 |
| Interest expense | 12 | 11 | 11 | 10 | 9 | 17 | 11 | 16 | 16 | 21 | 17 | 17 |
| Other non-operating income | 2 | −252 | 3 | 9 | −14 | 22 | 13 | 59 | 100 | 776 | 125 | 109 |
| Income before tax | −288 | −643 | −296 | −263 | −211 | −1,338 | −197 | −229 | −363 | −904 | −246 | −190 |
| Income tax expense | −5 | 0 | 0 | 0 | 0 | −3 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | −283 | −642 | −296 | −262 | −211 | −1,336 | −197 | −229 | −364 | −905 | −246 | −190 |
| Other adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | −283 | −642 | −296 | −262 | −211 | −1,335 | −197 | −227 | −362 | −846 | −245 | −188 |
| EPS, basic | −$0.47 | −$1.06 | −$0.46 | −$0.36 | −$0.25 | −$1.46 | −$0.21 | −$0.20 | −$0.31 | −$0.73 | −$0.18 | −$0.14 |
| EPS, diluted | −$0.47 | −$1.06 | −$0.46 | −$0.36 | −$0.25 | −$1.46 | −$0.21 | −$0.20 | −$0.31 | −$0.73 | −$0.18 | −$0.14 |
| Weighted average shares, basic | 599 | 606 | 641 | 737 | 858 | 914 | 946 | 1,127 | 1,159 | 1,159 | 1,390 | 1,391 |
| Weighted average shares, diluted | 599 | 606 | 641 | 737 | 858 | 914 | 946 | 1,127 | 1,159 | 1,159 | 1,390 | 1,391 |
| EBITDA | −255 | −355 | −241 | −235 | −180 | −1,303 | −171 | −198 | −337 | −878 | −221 | −158 |
| Depreciation & amortization | 21 | 19 | 21 | 18 | 22 | 19 | 14 | 15 | 10 | 6 | 7 | 15 |
| EBIT | −276 | −374 | −262 | −253 | −202 | −1,322 | −185 | −213 | −347 | −883 | −229 | −173 |
