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

1.44 0.09 +6.67%
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) Revenue growth

Alert me on Revenue growth

Plug Power, Inc.'s revenue growth over the twelve months to 30 June 2026 was 10.6%, down 2.3 percentage points from fiscal 2025 (12.9%). Over the past ten years it has ranged from −140.5% (fiscal 2020) to 638.8% (fiscal 2021); the current reading is higher than 36% of that period. That is in line with the Electrical Equipment & Parts industry median of 10.6% and above the Industrials sector median of 8.77%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 12.9% 42.35
FY2024 −29.5% (56.52)
FY2023 27.1% (12.56)
FY2022 39.6% (599.15)
FY2021 638.8% 779.32
FY2020 −140.5% (172.55)
FY2019 32.0% (41.94)
FY2018 74.0% 53.02
FY2017 20.9% 40.75
FY2016 −19.8% (80.63)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 2.49% (19.83)
Mar 2026 22.3% 4.69
Dec 2025 17.6% 15.72
Sep 2025 1.91% (19.45)
42 more quarters

Against its own ten years

Low −140.5% High 638.8%
Ten-year median 27.1%
Current reading's percentile 36

Revenue growth against peers

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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