Plug Power (PLUG) Assets (2010 - 2026)
Plug Power (PLUG) posted quarterly 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 reported Assets for 17 consecutive years, with $2.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Assets fell 34.82% year-over-year to $2.4 billion; the TTM figure through Mar 2026 stood at $2.4 billion (down 34.82% YoY), while the FY2025 annual figure was $2.6 billion, down 27.99% from the prior year.
- Assets eased to $2.4 billion in Q1 2026 per PLUG's latest filing, from $2.6 billion in the prior quarter.
- Across five years, Assets topped out at $5.9 billion in Q3 2022 and bottomed at $2.4 billion in Q1 2026.
- Historically, Assets has averaged $4.6 billion across 5 years, with a median of $4.8 billion in 2024.
- Annual changes were most pronounced in 2022 — Assets grew 2.07% — and 2026, when it slumped 34.82%.
- Plug Power's Assets stood at $5.8 billion in 2022, then declined by 14.95% to $4.9 billion in 2023, then slipped by 26.51% to $3.6 billion in 2024, then dropped by 27.99% to $2.6 billion in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 15.90 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 5.63 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 7.15 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 11.85 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 3.43 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 4.64 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 1.41 Bn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 3.96 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 3.12 Bn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 2.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.19 Bn |
| 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 |