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Friday 6 November 2026 Export PLUG’s income statement to Excel — free account

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
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Plug Power, Inc. (PLUG) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Plug Power, Inc. (PLUG) trades at a EV/Sales of 3.2×. Over the past ten years it has ranged from −2,771× (June 2021) to 696× (November 2021); the current reading is higher than 32% of that period. That is above the Electrical Equipment & Parts industry median of 1.8× and above the Industrials sector median of 1.8×.

EV/Sales, daily

Embed this chart

Annual newest first

Period EV/Sales Change
FY2025 3.4× 9.32%
FY2024 3.1× (6.81%)
FY2023 3.3× (55.79%)
FY2022 7.6× (69.23%)
FY2021 24.6× —
FY2020 −119× —
FY2019 4.0× 43.42%
FY2018 2.8× (52.34%)
FY2017 5.9× 111.91%
FY2016 2.8× (10.77%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 5.7× 21.41%
Mar 2026 4.7× 38.39%
Dec 2025 3.4× (20.38%)
Sep 2025 4.3× 53.76%
42 more quarters

Against its own ten years

Low −2,771× High 696×
Ten-year median 4.4×
Current reading's percentile 28

EV/Sales against peers

Company EV/Sales
FCEL FuelCell Energy, Inc. compare 0.7×
TE T1 Energy Inc compare 1.3×
PLPC Preformed Line Products Company compare 1.6×
ENR Energizer Holdings, Inc. compare 1.6×
PLUG Plug Power, Inc. 3.2×
HAYW Hayward Holdings, Inc. compare 3.3×
POWL Powell Industries, Inc. compare 3.4×
AMPX Amprius Technologies, Inc. compare 9.3×
FOIL Londian Wason New Energy Tech Inc. - Sponsored ADR compare —
Electrical Equipment & Parts industry median 1.8×
Industrials sector median 1.8×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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