Plug Power Stock Net Income

PLUG Stock  USD 2.41  0.11  4.78%   
As of the 28th of January, Plug Power holds the Risk Adjusted Performance of (0.01), variance of 26.67, and Coefficient Of Variation of (3,213). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Plug Power, as well as the relationship between them. Please check Plug Power market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Plug Power is priced some-what accurately, providing market reflects its current price of 2.41 per share. Please also confirm Plug Power jensen alpha, which is currently at (0.35) to check out the company can sustain itself at a future point.

Plug Power Total Revenue

759.29 Million

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
3.4 B
Enterprise Value Revenue
5.9546
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 2026 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. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Loss-1.9 B-1.8 B
Net Loss-1.9 B-1.8 B
Net Loss-651.6 M-619 M
Net Loss(2.21)(2.32)
Net Income Per E B T 1.15  1.08 
The Plug Power's current Net Loss is estimated to increase to about (1.8 B). The Plug Power's current Net Loss is estimated to increase to about (1.8 B).
  
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Latest Plug Power's Net Income Growth Pattern

Below is the plot of the Net Income of Plug Power over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Plug Power financial statement analysis. It represents the amount of money remaining after all of Plug Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Plug Power's Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Plug Power's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (2.1 B)10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Plug Net Income Regression Statistics

Arithmetic Mean(563,019,015)
Coefficient Of Variation(132.33)
Mean Deviation601,098,019
Median(88,488,000)
Standard Deviation745,056,637
Sample Variance555109.4T
Range2.1B
R-Value(0.85)
Mean Square Error164692.1T
R-Squared0.72
Significance0.000016
Slope(125,356,049)
Total Sum of Squares8881750.3T

Plug Net Income History

2026-1.8 B
2025-1.9 B
2024-2.1 B
2023-1.4 B
2022-724 M
2021-460 M
2020-596.2 M

Other Fundumenentals of Plug Power

Plug Power Net Income component correlations

Plug Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Plug Power is extremely important. It helps to project a fair market value of Plug Stock properly, considering its historical fundamentals such as Net Income. Since Plug Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Plug Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Plug Power's interrelated accounts and indicators.
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.
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.

Plug Power 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Plug Power's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Plug Power.
0.00
10/30/2025
No Change 0.00  0.0 
In 2 months and 31 days
01/28/2026
0.00
If you would invest  0.00  in Plug Power on October 30, 2025 and sell it all today you would earn a total of 0.00 from holding Plug Power or generate 0.0% return on investment in Plug Power over 90 days. Plug Power is related to or competes with GrafTech International, Hayward Holdings, Amprius Technologies, Eos Energy, Hafnia, Matson, and Chart Industries. Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics... More

Plug Power Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Plug Power's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Plug Power upside and downside potential and time the market with a certain degree of confidence.

Plug Power Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Plug Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plug Power's standard deviation. In reality, there are many statistical measures that can use Plug Power historical prices to predict the future Plug Power's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plug Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.122.417.72
Details
Intrinsic
Valuation
LowRealHigh
0.101.997.30
Details
Naive
Forecast
LowNextHigh
0.052.597.90
Details
24 Analysts
Consensus
LowTargetHigh
2.432.672.96
Details

Plug Power January 28, 2026 Technical Indicators

Plug Power Backtested Returns

Plug Power maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Plug Power exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Plug Power's Risk Adjusted Performance of (0.01), variance of 26.67, and Coefficient Of Variation of (3,213) to confirm the risk estimate we provide. The company holds a Beta of 2.53, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Plug Power will likely underperform. At this point, Plug Power has a negative expected return of -0.0201%. Please make sure to check Plug Power's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Plug Power performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.52  

Good reverse predictability

Plug Power has good reverse predictability. Overlapping area represents the amount of predictability between Plug Power time series from 30th of October 2025 to 14th of December 2025 and 14th of December 2025 to 28th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Plug Power price movement. The serial correlation of -0.52 indicates that about 52.0% of current Plug Power price fluctuation can be explain by its past prices.
Correlation Coefficient-0.52
Spearman Rank Test-0.42
Residual Average0.0
Price Variance0.02
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Plug Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(3.02 Million)

At this time, Plug Power's Accumulated Other Comprehensive Income is most likely to decrease significantly in the upcoming years.
Based on the recorded statements, Plug Power reported net income of (2.1 Billion). This is 911.31% lower than that of the Electrical Equipment sector and significantly lower than that of the Industrials industry. The net income for all United States stocks is significantly higher than that of the company.

Plug Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plug Power's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plug Power could also be used in its relative valuation, which is a method of valuing Plug Power by comparing valuation metrics of similar companies.
Plug Power is currently under evaluation in net income category among its peers.

Plug Power Current Valuation Drivers

We derive many important indicators used in calculating different scores of Plug Power from analyzing Plug Power's financial statements. These drivers represent accounts that assess Plug Power's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Plug Power's important valuation drivers and their relationship over time.
202120222023202420252026 (projected)
Market Cap15.8B7.2B2.7B1.8B1.6B2.3B
Enterprise Value14.1B7.4B3.7B2.7B2.4B2.3B

Plug Power ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Plug Power's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Plug Power's managers, analysts, and investors.
Environmental
Governance
Social

Plug Power Institutional Holders

Institutional Holdings refers to the ownership stake in Plug Power that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Plug Power's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Plug Power's value.
Shares
Amvescap Plc.2025-06-30
M
Morgan Stanley - Brokerage Accounts2025-06-30
6.9 M
Goldman Sachs Group Inc2025-06-30
5.2 M
Van Eck Associates Corporation2025-06-30
4.8 M
Ubs Asset Mgmt Americas Inc2025-06-30
4.5 M
Bnp Paribas Arbitrage, Sa2025-06-30
4.1 M
Coatue Management Llc2025-06-30
4.1 M
Vontobel Holding Ltd.2025-06-30
3.9 M
Caitong International Asset Management Co., Limited.2025-06-30
3.8 M
Vanguard Group Inc2025-06-30
101.8 M
Blackrock Inc2025-06-30
83.5 M

Plug Fundamentals

About Plug Power Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Plug Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plug Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plug Power based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Currently Active Assets on Macroaxis

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:
Check out Plug Power Piotroski F Score and Plug Power Altman Z Score analysis.
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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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.
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.