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| 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 |
| 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 |