Plug Power (PLUG) Accumulated Expenses (2010 - 2026)
Plug Power (PLUG) reported Accumulated Expenses of $113.1 million for Q1 2026, up 865.57% year-over-year from $11.7 million in Q1 2025, and down 11.67% quarter-over-quarter from $128.0 million in Q4 2025.
Plug Power (PLUG) Accumulated Expenses (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Accumulated Expenses data on file, last reported at $113.1 million in Q1 2026.
- Accumulated Expenses for Q1 2026 came in at $113.1 million, up 865.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $113.1 million (up 865.57% YoY), and the FY2025 annual result was $128.0 million, up 24.11% from the prior year.
- Accumulated Expenses retreated to $113.1 million in Q1 2026 per PLUG's latest filing, from $128.0 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $157.5 million in Q3 2022 and troughed at $562000.0 in Q4 2023.
- A 5-year average of $80.9 million and a median of $103.1 million in 2024 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2022 and 2023: Accumulated Expenses soared 36363.87% in 2022, then tumbled 99.64% in 2023.
- A 5-year view of Accumulated Expenses shows it stood at $156.4 million in 2022, then plunged by 99.64% to $562000.0 in 2023, then jumped by 18253.2% to $103.1 million in 2024, then gained by 24.11% to $128.0 million in 2025, then retreated by 11.67% to $113.1 million in 2026.
- Business Quant data shows PLUG's Accumulated Expenses at $113.1 million in Q1 2026, $128.0 million in Q4 2025, and $122.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 113.07 Mn |
| Dec 31, 2025 | 128.01 Mn |
| Sep 30, 2025 | 122.36 Mn |
| Jun 30, 2025 | 105.17 Mn |
| Mar 31, 2025 | 11.71 Mn |
| Dec 31, 2024 | 103.15 Mn |
| Sep 30, 2024 | 107.40 Mn |
| Jun 30, 2024 | 991,000.00 |
| Mar 31, 2024 | 24.19 Mn |
| Dec 31, 2023 | 562,000.00 |
| Sep 30, 2023 | 153.64 Mn |
| Jun 30, 2023 | 25.40 Mn |
| Mar 31, 2023 | 2.27 Mn |
| Dec 31, 2022 | 156.43 Mn |
| Sep 30, 2022 | 157.48 Mn |
| Jun 30, 2022 | 98.34 Mn |
| Mar 31, 2022 | 64.97 Mn |
| Dec 31, 2021 | 429,000.00 |
| Sep 30, 2021 | 52.65 Mn |
| Jun 30, 2021 | 35.41 Mn |