Plug Power (PLUG) Assets (2010 - 2026)

Plug Power (PLUG) reported Assets of $2.4 billion for Q1 2026, down 34.82% year-over-year from $3.6 billion in Q1 2025, and down 8.73% quarter-over-quarter from $2.6 billion in Q4 2025.

Plug Power (PLUG) Assets (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Assets data on file, last reported at $2.4 billion in Q1 2026.

  • Assets for Q1 2026 came in at $2.4 billion, down 34.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.4 billion (down 34.82% YoY), and the FY2025 annual result was $2.6 billion, down 27.99% from the prior year.
  • Assets fell to $2.4 billion in Q1 2026 per PLUG's latest filing, from $2.6 billion in the prior quarter.
  • Over five years, Assets peaked at $5.9 billion in Q3 2022 and troughed at $2.4 billion in Q1 2026.
  • A 5-year average of $4.6 billion and a median of $4.8 billion in 2024 frame the typical range for Assets.
  • The sharpest annual moves came in 2022 and 2026: Assets grew 2.07% in 2022, then slumped 34.82% in 2026.
  • A 5-year view of Assets shows it stood at $5.8 billion in 2022, then dropped by 14.95% to $4.9 billion in 2023, then decreased by 26.51% to $3.6 billion in 2024, then slipped by 27.99% to $2.6 billion in 2025, then slipped by 8.73% to $2.4 billion in 2026.
  • Business Quant data shows PLUG's Assets at $2.4 billion in Q1 2026, $2.6 billion in Q4 2025, and $3.1 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 282.92 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 13.40 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 4.66 Bn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 6.96 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 8.42 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 2.59 Bn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.18 Bn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 682.39 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 4.56 Bn
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn 2.37 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.37 Bn
Dec 31, 2025 2.59 Bn
Sep 30, 2025 3.10 Bn
Jun 30, 2025 3.35 Bn
Mar 31, 2025 3.63 Bn
Dec 31, 2024 3.60 Bn
Sep 30, 2024 4.72 Bn
Jun 30, 2024 4.78 Bn
Mar 31, 2024 4.85 Bn
Dec 31, 2023 4.90 Bn
Sep 30, 2023 5.45 Bn
Jun 30, 2023 5.58 Bn
Mar 31, 2023 5.65 Bn
Dec 31, 2022 5.76 Bn
Sep 30, 2022 5.86 Bn
Jun 30, 2022 5.73 Bn
Mar 31, 2022 5.80 Bn
Dec 31, 2021 5.95 Bn
Sep 30, 2021 5.74 Bn
Jun 30, 2021 5.79 Bn