Plug Power (PLUG) Assets Average (2011 - 2026)
Plug Power (PLUG) reported Assets Average of $2.5 billion for Q1 2026, down 31.42% year-over-year from $3.6 billion in Q1 2025, and down 12.92% on a QoQ basis from $2.8 billion in Q4 2025.
Plug Power (PLUG) has 16 years of Assets Average data on file, last reported at $2.5 billion in Q1 2026.
- Quarterly Assets Average fell 31.42% year-over-year to $2.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (down 31.42% YoY) and the FY2025 annual result came in at $3.1 billion, down 27.14% from the prior year.
- Assets Average eased to $2.5 billion in Q1 2026 per PLUG's latest filing, from $2.8 billion in the prior quarter.
- Across five years, Assets Average topped out at $5.9 billion in Q1 2022 and bottomed at $2.5 billion in Q1 2026.
- The 5-year median for Assets Average is $4.9 billion (2024), against an average of $4.7 billion.
- The widest annual swing landed in 2022, when Assets Average soared 46.24%; it then plunged 32.05% in 2025.
- Tracing PLUG's Assets Average over 5 years: stood at $5.8 billion in 2022, then decreased by 10.91% to $5.2 billion in 2023, then slipped by 19.58% to $4.2 billion in 2024, then tumbled by 31.56% to $2.8 billion in 2025, then decreased by 12.92% to $2.5 billion in 2026.
- Per Business Quant, the three latest PLUG Assets Average figures stand at $2.5 billion (Q1 2026), $2.8 billion (Q4 2025), and $3.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 12.81 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 4.53 Bn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 6.91 Bn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 8.32 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 2.57 Bn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.14 Bn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 4.61 Bn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 4.03 Bn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 2.48 Bn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 3.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.48 Bn |
| Dec 31, 2025 | 2.85 Bn |
| Sep 30, 2025 | 3.23 Bn |
| Jun 30, 2025 | 3.49 Bn |
| Mar 31, 2025 | 3.62 Bn |
| Dec 31, 2024 | 4.16 Bn |
| Sep 30, 2024 | 4.75 Bn |
| Jun 30, 2024 | 4.81 Bn |
| Mar 31, 2024 | 4.88 Bn |
| Dec 31, 2023 | 5.18 Bn |
| Sep 30, 2023 | 5.52 Bn |
| Jun 30, 2023 | 5.62 Bn |
| Mar 31, 2023 | 5.71 Bn |
| Dec 31, 2022 | 5.81 Bn |
| Sep 30, 2022 | 5.80 Bn |
| Jun 30, 2022 | 5.77 Bn |
| Mar 31, 2022 | 5.88 Bn |
| Dec 31, 2021 | 5.85 Bn |
| Sep 30, 2021 | 5.76 Bn |
| Jun 30, 2021 | 5.79 Bn |
| Mar 31, 2021 | 4.02 Bn |
| Dec 31, 2020 | 1.80 Bn |
| Sep 30, 2020 | 1.13 Bn |
| Jun 30, 2020 | 765.04 Mn |
| Mar 31, 2020 | 645.44 Mn |
| Dec 31, 2019 | 564.91 Mn |
| Sep 30, 2019 | 433.74 Mn |
| Jun 30, 2019 | 379.00 Mn |
| Mar 31, 2019 | 375.57 Mn |
| Dec 31, 2018 | 354.80 Mn |
| Sep 30, 2018 | 297.75 Mn |
| Jun 30, 2018 | 287.27 Mn |
| Mar 31, 2018 | 284.56 Mn |
| Dec 31, 2017 | 273.25 Mn |
| Sep 30, 2017 | 252.13 Mn |
| Jun 30, 2017 | 219.65 Mn |
| Mar 31, 2017 | 225.78 Mn |
| Dec 31, 2016 | 232.41 Mn |
| Sep 30, 2016 | 228.69 Mn |
| Jun 30, 2016 | 227.79 Mn |
| Mar 31, 2016 | 215.81 Mn |
| Dec 31, 2015 | 207.04 Mn |
| Sep 30, 2015 | 193.79 Mn |
| Jun 30, 2015 | 186.11 Mn |
| Mar 31, 2015 | 196.71 Mn |
| Dec 31, 2014 | 207.98 Mn |
| Sep 30, 2014 | 216.46 Mn |
| Jun 30, 2014 | 158.16 Mn |
| Mar 31, 2014 | 65.28 Mn |
| Dec 31, 2013 | 37.69 Mn |
| Sep 30, 2013 | 38.21 Mn |
| Jun 30, 2013 | 36.76 Mn |
| Mar 31, 2013 | 38.30 Mn |
| Dec 31, 2012 | 42.51 Mn |
| Sep 30, 2012 | 48.90 Mn |
| Jun 30, 2012 | 55.20 Mn |
| Mar 31, 2012 | 56.91 Mn |
| Dec 31, 2011 | 54.48 Mn |
| Sep 30, 2011 | 56.23 Mn |