Plug Power (PLUG) Asset Writedowns and Impairment (2021 - 2026)
Plug Power (PLUG) reported Asset Writedowns and Impairment of $19.37 million for Q2 2026, down 6.0% from $20.6 million a year earlier but up 166.3% from the prior quarter.
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Analysis
Plug Power (PLUG) Asset Writedowns and Impairment (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Plug Power's Asset Writedowns and Impairment came in at $790.42 million, down 13.6% year-over-year; for FY2025, it was $785.44 million, down 17.3% from FY2024.
- Asset Writedowns and Impairment has a five-year compound annual growth rate of 161.4% (FY2020 to FY2025).
- By year, Asset Writedowns and Impairment came in at $949.32 million in FY2024 (+252.3%), $269.5 million in FY2023, $5.22 million in FY2022 (-49.0%) and $10.22 million in FY2021 (+59.0%).
- Five-year quarterly Asset Writedowns and Impairment spans a low of $665,000 in Q3 2023 and a high of $881.55 million in Q4 2024.
- Year over year, Asset Writedowns and Impairment has now declined in each of the last three quarters, with growth averaging 158.2% over the last seven quarters.
- The high point for year-over-year Asset Writedowns and Impairment in five years was Q3 2024 (growth of 529.3%); the low point was Q1 2025 (a decline of 79.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.27 million (Q1 2026), $685.82 million (Q4 2025) and $77.96 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 2.64 Bn | 1.73 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.45 Bn | 95.61 Mn | 53.30 Mn |
| 3 | Green Plains | 1.05 Bn | 447.15 Mn | 113.03 Mn |
| 4 | Montauk Renewables | 399.65 Mn | 327.43 Mn | - |
| 5 | Clean Energy Fuels | 345.96 Mn | -309.83 Mn | 30.14 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn |
| 8 | Aemetis | 124.64 Mn | 108.40 Mn | 13.52 Mn |
| 9 | Verde Clean Fuels | 48.56 Mn | -149.91 Mn | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.37 Mn |
| Mar 31, 2026 | 7.27 Mn |
| Dec 31, 2025 | 685.82 Mn |
| Sep 30, 2025 | 77.96 Mn |
| Jun 30, 2025 | 20.60 Mn |
| Mar 31, 2025 | 8.26 Mn |
| Dec 31, 2024 | 881.55 Mn |
| Sep 30, 2024 | 4.19 Mn |
| Jun 30, 2024 | 3.94 Mn |
| Mar 31, 2024 | 39.68 Mn |
| Dec 31, 2023 | 235.61 Mn |
| Sep 30, 2023 | 665,000.00 |
| Jun 30, 2023 | 9.99 Mn |
| Mar 31, 2023 | 2.01 Mn |
| Dec 31, 2022 | 4.46 Mn |
| Dec 31, 2021 | 8.90 Mn |
API Access
Plug Power Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();