Plug Financial Statements From 2010 to 2025

Stocks . USA . 
Stock . Plug Power
PLUG Stock  USD 2.07  0.03  1.43%   
Plug Power's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Plug Power's valuation are provided below:
Gross Profit
-478 M
Market Capitalization
2.9 B
Enterprise Value Revenue
5.4812
Revenue
676.2 M
Earnings Share
(2.38)
There are over one hundred nineteen available trending fundamental ratios for Plug Power, which can be analyzed over time and compared to other ratios. Active traders should verify all of Plug Power recent fundamental drivers against the trend between 2010 and 2025 to make sure the company can sustain itself down the road. The Plug Power's current Market Cap is estimated to increase to about 2.3 B, while Enterprise Value is projected to decrease to roughly 2.3 B.

Plug Power Total Revenue

660.25 Million

Check Plug Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Plug Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 88.8 M, Interest Expense of 49 M or Total Revenue of 660.3 M, as well as many indicators such as Price To Sales Ratio of 2.76, Dividend Yield of 0.0 or PTB Ratio of 1.0. Plug financial statements analysis is a perfect complement when working with Plug Power Valuation or Volatility modules.
  
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Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.

Plug Power Balance Sheet

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Total Assets3.8 B3.6 B1.7 B
Slightly volatile
Total Current Liabilities785.9 M748.5 M277.8 M
Slightly volatile
Property Plant And Equipment Net1.3 B1.3 B451.4 M
Slightly volatile
Accounts Payable231.8 M220.8 M80.3 M
Slightly volatile
Cash205.8 M205.7 M291.9 M
Slightly volatile
Non Current Assets Total2.2 B2.1 B823 M
Slightly volatile
Cash And Short Term Investments355.7 M205.7 M479.8 M
Slightly volatile
Net Receivables263.9 M251.3 M94.2 M
Slightly volatile
Common Stock Shares Outstanding901.4 M858.4 M331.4 M
Slightly volatile
Liabilities And Stockholders Equity3.8 B3.6 B1.7 B
Slightly volatile
Non Current Liabilities Total1.1 B1 B418.9 M
Slightly volatile
Other Stockholder Equity8.7 B8.3 B3.2 B
Slightly volatile
Total Liabilities1.9 B1.8 B696.7 M
Slightly volatile
Property Plant And Equipment Gross1.4 B1.4 B474.5 M
Slightly volatile
Total Current Assets1.6 B1.5 B909.1 M
Slightly volatile
Short and Long Term Debt Total1.1 B1.1 B414.2 M
Slightly volatile
Non Currrent Assets Other708.6 M674.9 M259.2 M
Slightly volatile
Common Stock Total Equity7.3 M7 M3.3 M
Slightly volatile
Inventory716.8 M682.6 M233.6 M
Slightly volatile
Short Term Debt237.7 M226.4 M87.6 M
Slightly volatile
Common Stock9.8 M9.3 M3.6 M
Slightly volatile
Other Liabilities351.5 M334.8 M121.4 M
Slightly volatile
Intangible Assets80.4 M84.7 M52.4 M
Slightly volatile
Property Plant Equipment869.2 M827.8 M278.8 M
Slightly volatile
Current Deferred Revenue151.3 M144.1 M52 M
Slightly volatile
Capital Surpluse8.8 B8.4 B3.3 B
Slightly volatile
Non Current Liabilities Other239.2 M135.8 M205.6 M
Slightly volatile
Long Term Debt Total234.2 M223 M85.4 M
Slightly volatile
Capital Lease Obligations398.3 M696.4 M259.7 M
Slightly volatile
Long Term Investments89.8 M85.5 M18.2 M
Slightly volatile
Warrants1.3 M1.3 M3.6 M
Very volatile
Short and Long Term Debt62.2 M59.2 M15.8 M
Slightly volatile
Net Invested Capital2.3 B2.1 B1.2 B
Slightly volatile
Net Working Capital1.3 B729 M697.8 M
Slightly volatile
Capital Stock6 M9.3 M3.9 M
Slightly volatile

Plug Power Income Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization88.8 M84.6 M24.7 M
Slightly volatile
Other Operating Expenses2.8 B2.6 B739.5 M
Slightly volatile
Research Development40.3 M77.2 M36.3 M
Slightly volatile
Cost Of Revenue1.3 B1.3 B425.5 M
Slightly volatile
Total Operating Expenses1.5 B1.4 B313.5 M
Slightly volatile
Selling General Administrative394.9 M376.1 M129.2 M
Slightly volatile
Selling And Marketing Expenses4 M3.8 M3.2 M
Slightly volatile
Preferred Stock And Other Adjustments22.2 K23.4 K271.3 K
Very volatile
Interest Income30.2 M30.7 M20.1 M
Slightly volatile
Reconciled Depreciation88.8 M84.6 M27.3 M
Slightly volatile
Non Recurring5.8 M4.7 M6.4 M
Pretty Stable

Plug Power Cash Flow Statement

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow1.2 B1.2 B552.3 M
Slightly volatile
Depreciation88.8 M84.6 M24.7 M
Slightly volatile
Capital Expenditures351 M334.2 M139.5 M
Slightly volatile
End Period Cash Flow1.1 B1 B582.7 M
Slightly volatile
Stock Based Compensation78.1 M82.2 M577.7 M
Slightly volatile

Financial Ratios

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Average Payables6.3 M6 M6.3 M
Slightly volatile
Capex To Depreciation2.053.9534.0
Slightly volatile
Inventory Turnover1.741.83655.4794
Slightly volatile
Days Of Inventory On Hand209199139
Slightly volatile
Payables Turnover7.895.67876.9182
Slightly volatile
Sales General And Administrative To Revenue0.50.30.3619
Pretty Stable
Average Inventory27.2 M25.9 M22.6 M
Slightly volatile
Cash Per Share0.230.23961.1608
Slightly volatile
Days Payables Outstanding51.4664.275764.309
Pretty Stable
Income Quality0.330.34620.652
Pretty Stable
Intangibles To Total Assets0.02230.02350.0556
Slightly volatile
Current Ratio1.881.9743.2751
Pretty Stable
Capex Per Share0.520.38940.2603
Slightly volatile
Average Receivables11.6 M11 M11.6 M
Slightly volatile
Interest Debt Per Share1.41.31081.061
Slightly volatile
Debt To Assets0.310.29940.2403
Slightly volatile
Days Of Payables Outstanding51.4664.275764.309
Pretty Stable
Ebt Per Ebit0.981.04341.3922
Very volatile
Quick Ratio1.011.06192.6305
Pretty Stable
Net Income Per E B T1.080.99860.9813
Pretty Stable
Cash Ratio0.260.27481.6264
Very volatile
Days Of Inventory Outstanding209199139
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio1.021.45871.3954
Pretty Stable
Debt Ratio0.310.29940.2403
Slightly volatile

Plug Power Valuation Data

Trends
Current ValueLast YearHistorical Average 10 Year Trend
Market Cap2.3 B1.8 B4.2 B
Very volatile
Enterprise Value2.3 B2.7 B4.2 B
Very volatile

Plug Fundamental Market Drivers

Plug Upcoming Events

6th of March 2024
Upcoming Quarterly Report
View
14th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
6th of March 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Plug Power Financial Statements

Plug Power stakeholders use historical fundamental indicators, such as Plug Power's revenue or net income, to determine how well the company is positioned to perform in the future. Although Plug Power investors may analyze each financial statement separately, they are all interrelated. For example, changes in Plug Power's assets and liabilities are reflected in the revenues and expenses on Plug Power's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Plug Power. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue144.1 M151.3 M
Total Revenue628.8 M660.3 M
Cost Of Revenue1.3 B1.3 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.30  0.50 
Research And Ddevelopement To Revenue 0.12  0.12 
Capex To Revenue 0.53  0.30 
Revenue Per Share 0.73  1.36 
Ebit Per Revenue(3.21)(3.37)

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When determining whether Plug Power is a strong investment it is important to analyze Plug Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Plug Power's future performance. For an informed investment choice regarding Plug Stock, refer to the following important reports:
How To Invest In Plug
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Is Plug Stock a good investment?
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What is Plug Power's Net Worth?
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Largest Electrical Components & Equipment Companies
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Largest Electrical Equipment & Parts Companies
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Check out the analysis of Plug Power Correlation against competitors.
For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plug Power. If investors know Plug will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plug Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.38)
Revenue Per Share
0.654
Quarterly Revenue Growth
0.019
Return On Assets
(0.16)
Return On Equity
(0.94)
The market value of Plug Power is measured differently than its book value, which is the value of Plug that is recorded on the company's balance sheet. Investors also form their own opinion of Plug Power's value that differs from its market value or its book value, called intrinsic value, which is Plug Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plug Power's market value can be influenced by many factors that don't directly affect Plug Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Plug Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plug Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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