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| 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 | 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 |