Plug Power, Inc.

PLUG Industrials Electrical Equipment & Parts

Plug Power, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $709.9 million, up 12.9% from fiscal 2024.

Revenue
+2.49%
EPS
+30.0%
Free cash flow
+56.9%
Total debt
+52.6%

Quarter to June 2026, against a year earlier

1.36 0.10 −6.85%
Market cap
$1.9B
P/E
0.0×
Fwd P/E
−3.5×
Dividend yield
—
F-score
4/9
Altman Z
−4.81
Beneish M
n/a
Dividend safety
n/a

Plug Power, Inc. (PLUG) EBITDA

Alert me on EBITDA

Plug Power, Inc.'s EBITDA for fiscal 2025 was −$1.4B, compared with −$1.9B in fiscal 2024. Over the twelve months to 30 June 2026 it was −$1.3B. Over the past ten years it has ranged from −$1.9B (fiscal 2024) to −$26.0M (fiscal 2019); the current reading is higher than 18% of that period. Plug Power, Inc. ranks 48th of 48 Electrical Equipment & Parts companies by EBITDA.

EBITDA, annual

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Annual newest first

Period EBITDA Change
FY2025 −$1.4B —
FY2024 −$1.9B —
FY2023 −$1.3B —
FY2022 −$624.3M —
FY2021 −$401.7M —
FY2020 −$551.6M —
FY2019 −$26.0M —
FY2018 −$57.6M —
FY2017 −$91.2M —
FY2016 −$44.5M —

Quarterly newest first

Period EBITDA Change
Jun 2026 −$55.6M —
Mar 2026 −$101.3M —
Dec 2025 −$756.8M —
Sep 2025 −$338.1M —
42 more quarters

Against its own ten years

Low −$1.9B High −$26.0M
Ten-year median −$401.7M
Current reading's percentile 18

EBITDA against peers

What EBITDA is

EBITDA shows what a company earns from its operations before interest, taxes and the non-cash charges for depreciation and amortization.

Reported line item

The full definition of EBITDA →

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