Plug Power (PLUG) Accounts Payables (2010 - 2026)
Plug Power (PLUG) posted quarterly Accounts Payables of $144.3 million for Q1 2026, down 24.72% year-over-year from $191.6 million in Q1 2025, and down 14.51% quarter-over-quarter from $168.7 million in Q4 2025.
Plug Power (PLUG) Accounts Payables (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Accounts Payables for 17 consecutive years, with $144.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accounts Payables fell 24.72% year-over-year to $144.3 million; the TTM figure through Mar 2026 stood at $144.3 million (down 24.72% YoY), while the FY2025 annual figure was $168.7 million, down 6.75% from the prior year.
- Accounts Payables eased to $144.3 million in Q1 2026 per PLUG's latest filing, from $168.7 million in the prior quarter.
- Across five years, Accounts Payables topped out at $292.9 million in Q3 2023 and bottomed at $78.7 million in Q1 2022.
- Historically, Accounts Payables has averaged $195.4 million across 5 years, with a median of $191.6 million in 2025.
- Annual changes were most pronounced in 2022 — Accounts Payables surged 192.29% — and 2025, when it plunged 40.07%.
- Plug Power's Accounts Payables stood at $191.9 million in 2022, then soared by 34.36% to $257.8 million in 2023, then dropped by 29.81% to $181.0 million in 2024, then retreated by 6.75% to $168.7 million in 2025, then retreated by 14.51% to $144.3 million in 2026.
- Business Quant data shows PLUG's Accounts Payables at $144.3 million in Q1 2026, $168.7 million in Q4 2025, and $162.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Accounts Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.33 Bn | 97.22 Bn | 1.23 Bn | 2.47 Bn |
| 2 | Bloom Energy | 57.17 Bn | 54.50 Bn | 355.57 Mn | 309.93 Mn |
| 3 | Hubbell | 24.84 Bn | 24.45 Bn | 613.00 Mn | 650.50 Mn |
| 4 | nVent Electric | 24.79 Bn | 24.54 Bn | 558.00 Mn | 496.00 Mn |
| 5 | Advanced Energy Industries | 11.07 Bn | 9.65 Bn | 236.10 Mn | 316.30 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 363.90 Mn |
| 7 | Powell Industries | 7.19 Bn | 6.56 Bn | 95.30 Mn | 86.57 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 335.16 Mn |
| 9 | Plug Power | 3.18 Bn | 2.86 Bn | -1.68 Mn | 144.26 Mn |
| 10 | Hayward Holdings | 3.18 Bn | 2.69 Bn | 155.05 Mn | 92.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 144.26 Mn |
| Mar 31, 2026 | 144.25 Mn |
| Dec 31, 2025 | 168.74 Mn |
| Sep 30, 2025 | 162.22 Mn |
| Jun 30, 2025 | 152.06 Mn |
| Mar 31, 2025 | 191.61 Mn |
| Dec 31, 2024 | 180.97 Mn |
| Sep 30, 2024 | 207.22 Mn |
| Jun 30, 2024 | 253.72 Mn |
| Mar 31, 2024 | 285.55 Mn |
| Dec 31, 2023 | 257.83 Mn |
| Sep 30, 2023 | 292.93 Mn |
| Jun 30, 2023 | 220.47 Mn |
| Mar 31, 2023 | 188.15 Mn |
| Dec 31, 2022 | 191.90 Mn |
| Sep 30, 2022 | 199.87 Mn |
| Jun 30, 2022 | 146.17 Mn |
| Mar 31, 2022 | 78.71 Mn |
| Dec 31, 2021 | 92.31 Mn |
| Sep 30, 2021 | 68.38 Mn |