Growth Metrics

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% on a QoQ basis from $128.0 million in Q4 2025.

Plug Power (PLUG) has 17 years of Accumulated Expenses data on file, last reported at $113.1 million in Q1 2026.

  • Quarterly Accumulated Expenses rose 865.57% year-over-year to $113.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $113.1 million (up 865.57% YoY) and the FY2025 annual result came in at $128.0 million, up 24.11% from the prior year.
  • Accumulated Expenses slipped to $113.1 million in Q1 2026 per PLUG's latest filing, from $128.0 million in the prior quarter.
  • Across five years, Accumulated Expenses topped out at $157.5 million in Q3 2022 and bottomed at $562000.0 in Q4 2023.
  • The 5-year median for Accumulated Expenses is $103.1 million (2024), against an average of $80.9 million.
  • The widest annual swing landed in 2022, when Accumulated Expenses jumped 36363.87%; it then sank 99.64% in 2023.
  • Tracing PLUG's Accumulated Expenses over 5 years: stood at $156.4 million in 2022, then slumped by 99.64% to $562000.0 in 2023, then surged by 18253.2% to $103.1 million in 2024, then increased by 24.11% to $128.0 million in 2025, then declined by 11.67% to $113.1 million in 2026.
  • Per Business Quant, the three latest PLUG Accumulated Expenses figures stand at $113.1 million (Q1 2026), $128.0 million (Q4 2025), and $122.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 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
Mar 31, 2021 28.60 Mn
Dec 31, 2020 46.08 Mn
Sep 30, 2020 37.95 Mn
Jun 30, 2020 23.92 Mn
Mar 31, 2020 14.87 Mn
Dec 31, 2019 2.37 Mn
Sep 30, 2019 9.46 Mn
Jun 30, 2019 4.52 Mn
Mar 31, 2019 6.51 Mn
Dec 31, 2018 1.61 Mn
Sep 30, 2018 8.55 Mn
Jun 30, 2018 10.78 Mn
Mar 31, 2018 8.19 Mn
Dec 31, 2017 10.60 Mn
Sep 30, 2017 8.91 Mn
Jun 30, 2017 6.34 Mn
Mar 31, 2017 6.50 Mn
Dec 31, 2016 8.52 Mn
Sep 30, 2016 8.79 Mn
Jun 30, 2016 6.73 Mn
Mar 31, 2016 9.97 Mn
Dec 31, 2015 3.90 Mn
Sep 30, 2015 6.92 Mn
Jun 30, 2015 5.66 Mn
Mar 31, 2015 7.05 Mn
Dec 31, 2014 8.75 Mn
Sep 30, 2014 5.76 Mn
Jun 30, 2014 2.79 Mn
Mar 31, 2014 2.25 Mn
Dec 31, 2013 3.07 Mn
Sep 30, 2013 1.86 Mn
Jun 30, 2013 1.45 Mn
Mar 31, 2013 2.21 Mn
Dec 31, 2012 3.83 Mn
Sep 30, 2012 2.08 Mn
Jun 30, 2012 2.40 Mn
Mar 31, 2012 2.38 Mn
Dec 31, 2011 3.17 Mn
Sep 30, 2011 3.81 Mn
Jun 30, 2011 3.64 Mn
Dec 31, 2010 4.34 Mn