Plug Power (PLUG) Accumulated Expenses (2010 - 2026)
Plug Power (PLUG) posted quarterly Accumulated Expenses of $113.1 million for Q1 2026, down 12.25% year-over-year from $128.9 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 reported Accumulated Expenses for 17 consecutive years, with $113.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Accumulated Expenses fell 12.25% year-over-year to $113.1 million; the TTM figure through Mar 2026 stood at $113.1 million (down 12.25% YoY), while the FY2025 annual figure was $128.0 million, up 4939.76% from the prior year.
- Accumulated Expenses declined 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 $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.
- Annual changes were most pronounced in 2023 — Accumulated Expenses sank 99.58% — and 2025, when it surged 10512.82%.
- Plug Power's Accumulated Expenses stood at $18.2 million in 2022, then plunged by 96.92% to $562000.0 in 2023, then soared by 351.96% to $2.5 million in 2024, then soared by 4939.76% to $128.0 million in 2025, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.72 Bn | 97.61 Bn | 1.23 Bn |
| 2 | Bloom Energy | 57.74 Bn | 55.07 Bn | 355.57 Mn |
| 3 | Hubbell | 24.91 Bn | 24.52 Bn | 613.00 Mn |
| 4 | nVent Electric | 24.85 Bn | 24.59 Bn | 558.00 Mn |
| 5 | Advanced Energy Industries | 11.12 Bn | 9.70 Bn | 236.10 Mn |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.98 Bn | 606.40 Mn |
| 7 | Powell Industries | 7.24 Bn | 6.61 Bn | 95.30 Mn |
| 8 | EnerSys | 6.95 Bn | 6.42 Bn | 313.36 Mn |
| 9 | Plug Power | 3.19 Bn | 2.87 Bn | -1.68 Mn |
| 10 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 105.69 Mn |
| 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 |