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
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Plug Power, Inc. (PLUG) Net margin
Plug Power, Inc.'s net margin over the twelve months to 30 June 2026 was −220.6%, up 9.2 percentage points from fiscal 2025 (−229.8%). Over the past ten years it has ranged from −334.7% (fiscal 2024) to 639.4% (fiscal 2020); the current reading is higher than 18% of that period. That is below the Electrical Equipment & Parts industry median of 0.00% and below the Industrials sector median of 2.52%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | −229.8% | 104.88 |
| FY2024 | −334.7% | (181.14) |
| FY2023 | −153.6% | (50.35) |
| FY2022 | −103.2% | (11.66) |
| FY2021 | −91.6% | (730.99) |
| FY2020 | 639.4% | 676.63 |
| FY2019 | −37.2% | 11.97 |
| FY2018 | −49.2% | 80.81 |
| FY2017 | −130.0% | (60.44) |
| FY2016 | −69.5% | (15.52) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | −105.6% | 44.46 |
| Mar 2026 | −150.0% | 225.60 |
| Dec 2025 | −375.6% | (171.24) |
| Sep 2025 | −204.4% | (73.84) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| POWL Powell Industries, Inc. compare | 16.5% |
| HAYW Hayward Holdings, Inc. compare | 14.4% |
| PLPC Preformed Line Products Company compare | 7.58% |
| ENR Energizer Holdings, Inc. compare | 2.73% |
| AMPX Amprius Technologies, Inc. compare | −35.2% |
| TE T1 Energy Inc compare | −39.8% |
| FCEL FuelCell Energy, Inc. compare | −115.7% |
| PLUG Plug Power, Inc. | −220.6% |
| FOIL Londian Wason New Energy Tech Inc. - Sponsored ADR compare | — |
| Electrical Equipment & Parts industry median | 0.00% |
| Industrials sector median | 2.52% |
| Market median | 1.06% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
More on PLUG
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- The full statement