Plug Power (PLUG) Accounts Payables (2010 - 2026)

Plug Power's (PLUG) quarterly Accounts Payables came in at $144.3 million in Q1 2026, down 24.72% year-on-year from $191.6 million in Q1 2025, and down 14.51% on a QoQ basis from $168.7 million in Q4 2025.

Plug Power (PLUG) Accounts Payables (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Accounts Payables data on file, last reported at $144.3 million in Q1 2026.

  • On a quarterly basis, Accounts Payables fell 24.72% year-over-year to $144.3 million in Q1 2026; TTM through Mar 2026 was $144.3 million, a 24.72% decrease from a year earlier, with the FY2025 full-year figure at $168.7 million, down 6.75% from the prior year.
  • Accounts Payables for Q1 2026 stood at $144.3 million, down from $168.7 million in the prior quarter.
  • Over the last five years, Accounts Payables for PLUG reached as high as $292.9 million in Q3 2023 and fell as low as $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.
  • Across the five-year window, Accounts Payables soared 192.29% in 2022 and slumped 40.07% in 2025, its largest moves.
  • Year by year, Accounts Payables stood at $191.9 million in 2022, then surged by 34.36% to $257.8 million in 2023, then fell by 29.81% to $181.0 million in 2024, then slipped by 6.75% to $168.7 million in 2025, then slipped by 14.51% to $144.3 million in 2026.
  • Per Business Quant data, the three most recent Accounts Payables figures were $144.3 million in Q1 2026, $168.7 million in Q4 2025, and $162.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Accounts Payables (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 8.12 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 1.95 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 241.65 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 605.50 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 422.00 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 272.10 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 363.90 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 75.14 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 354.19 Mn
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn 144.25 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 70.03 Mn