Plug Power (PLUG) Financials

$2.11

$0.02 (0.72%)

As on 03-Sep-2026 12:38EDT

Market cap

$3,060 Mln

Revenue (TTM)

$744 Mln

P/E Ratio

--

P/B Ratio

5.5

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	744.09	709.92	628.81	891.34	701.44	502.34
Cost of Revenue	882.08	951.96	1,253.70	1,399.13	895.80	673.65
Gross Profit	-138.00	-242.04	-624.89	-507.79	-194.36	-171.31
Operating Expenses	384.00	437.53	1,394.96	835.73	485.19	266.01
Operating Profit (EBIT)	-522.00	-679.57	-2,019.84	-1,343.52	-679.55	-437.32
Other Income	--	--	--	--	-23.46	-6.47
Profit before Tax	-1,703.63	-1,693.31	-2,107.59	-1,376.20	-723.17	-476.16
Provision for Tax	0.59	0.36	-2.69	-7.36	0.84	-16.20
Profit after Tax (Net Income)	-1,641.35	-1,631.59	-2,104.70	-1,368.83	-724.01	-459.97
Minority Interest	60.98	62.07	0.20	--	--	--
Consolidated Profit	--	--	--	--	-724.01	-459.97

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	581.75	978.07	1,734.14	2,898.13	4,060.21	4,605.70
Minority Interest	60.98	--	--	--	--	--
Non-Current Liabilities	1,111.39	980.67	1,046.60	1,039.81	1,068.79	923.83
Current Liabilities	493.88	610.59	748.49	964.80	635.28	420.55
Total Liabilities	2,686.45	2,594.57	3,602.85	4,902.74	5,764.28	5,950.08

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	1,046.23	1,184.30	2,125.36	3,115.77	2,458.98	1,501.55
Current Assets	1,146.34	1,410.27	1,477.48	1,786.97	3,305.30	4,448.53
Total Assets	3,338.90	2,594.57	3,602.85	4,902.74	5,764.28	5,950.08
Total Debt*	823.10	997.17	1,078.64	1,126.01	898.73	810.15
Net Current Assets	--	799.68	729.00	822.17	2,670.02	4,027.97

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-535.84	-728.64	-1,106.57	-620.83	-358.18
Cash Flow from Investing Activities	--	-137.23	-402.36	728.05	-679.37	-1,740.89
Cash from Financing Activities	--	628.17	983.17	6.12	-77.46	3,597.78
Net Cash Inflow / Outflow	--	--	--	--	-1,585.45	1,498.71

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-1.35	-1.41	-2.30	-2.26	-1.24	-0.80
Cash EPS ($)	--	-1.37	-2.21	-2.14	-1.15	-0.76
Adjusted Book Value ($)	--	0.84	1.90	4.78	6.96	7.98
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	-0.46	-0.80	-1.83	-1.06	-0.62
Free Cash Flow per Share ($)	--	-0.57	-1.16	-2.97	-1.86	-0.96

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-68.15	-61.57	-30.48	-13.96	-14.02
ROE (%)	-202.64	-120.31	-90.87	-39.34	-16.71	-17.72
ROA (%)	-43.60	-52.65	-49.49	-25.66	-12.36	-12.59
EBIT Margin (%)	-219.29	-229.35	-327.75	-149.33	-97.53	-86.18
Net Margin (%)	-220.59	-229.83	-334.71	-153.57	-106.79	-92.76
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	10.59	0.13	-0.29	0.27	0.40	6.39
EBIT Growth (%)	15.09	21.00	-54.84	-94.55	-58.02	23.58
Net Profit Growth (%)	19.72	22.48	-53.76	-89.06	-57.41	22.84
EPS Growth (%)	36.02	0.39	-0.02	-0.82	-0.56	0.39
Book Value Growth (%)	-71.98	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-1.40	-0.92	-1.99	-9.96	-35.40
Price / Book Value	5.45	2.33	1.12	0.94	1.78	3.54
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	-2.23	-1.72	-1.43	-3.60	-9.41	-32.29
Close Price ($)	2.71	1.97	2.13	4.50	12.37	28.23
High Price ($)	4.58	4.58	5.14	18.88	32.05	75.49
Low Price ($)	1.34	0.69	1.60	3.22	11.49	18.47
Market Cap ($ Cr)	3,059.86	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	1.02	0.62	0.39	0.22	0.18
Short term debt to equity ratio	0.11	0.16	0.13	0.11	0.03	0.02
Current Ratio	2.32	2.31	1.97	1.85	5.20	10.58
Quick Ratio	1.32	1.46	1.06	0.86	4.19	9.94
Interest Coverage	-22.68	-25.00	-44.21	-29.45	-17.53	-10.02

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	16.91	33.81	39.96	41.52	27.36	26.14
Asset Turnover	0.20	0.23	0.15	0.17	0.12	0.14
Receivable days	--	126.39	180.46	115.14	84.15	89.00
Inventory Days	--	230.90	239.46	209.74	186.50	109.35
Payable days	--	74.73	69.72	58.70	65.42	50.91
Cash Conversion Cycle	--	282.57	350.21	266.18	205.23	147.44

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.