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
DateValue
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