Plug Power (PLUG) Accumulated Expenses (2010 - 2026)

Plug Power's (PLUG) quarterly Accumulated Expenses came in at $113.1 million in Q1 2026, down 12.25% year-on-year from $128.9 million in Q1 2025, and down 11.67% on a QoQ basis 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.

  • On a quarterly basis, Accumulated Expenses fell 12.25% year-over-year to $113.1 million in Q1 2026; TTM through Mar 2026 was $113.1 million, a 12.25% decrease from a year earlier, with the FY2025 full-year figure at $128.0 million, up 4939.76% from the prior year.
  • Accumulated Expenses for Q1 2026 stood at $113.1 million, down from $128.0 million in the prior quarter.
  • Over the last five years, Accumulated Expenses for PLUG reached as high as $157.5 million in Q3 2022 and fell as low as $414000.0 in Q2 2023.
  • Historically, Accumulated Expenses has averaged $65.9 million across 5 years, with a median of $65.0 million in 2022.
  • Across the five-year window, Accumulated Expenses tumbled 99.58% in 2023 and soared 10512.82% in 2025, its largest moves.
  • Year by year, Accumulated Expenses stood at $18.2 million in 2022, then plunged by 96.92% to $562000.0 in 2023, then surged by 351.96% to $2.5 million in 2024, then surged by 4939.76% to $128.0 million in 2025, then dropped by 11.67% to $113.1 million in 2026.
  • Per Business Quant data, the three most recent Accumulated Expenses figures were $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 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Plug Power 3.06 Bn 2.67 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 128.86 Mn
Dec 31, 2024 2.54 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 27.32 Mn
Jun 30, 2023 414,000.00
Mar 31, 2023 19.89 Mn
Dec 31, 2022 18.23 Mn
Sep 30, 2022 157.48 Mn
Jun 30, 2022 98.34 Mn
Mar 31, 2022 64.97 Mn
Dec 31, 2021 79.24 Mn
Sep 30, 2021 52.65 Mn
Jun 30, 2021 35.41 Mn