Plug Power (PLUG) Assets Average (2011 - 2026)
Plug Power's (PLUG) quarterly Assets Average came in at $2.5 billion in Q1 2026, down 31.42% year-on-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) Assets Average (2011 - 2026) Analysis & Trends
Plug Power (PLUG) has 16 years of Assets Average data on file, last reported at $2.5 billion in Q1 2026.
- On a quarterly basis, Assets Average fell 31.42% year-over-year to $2.5 billion in Q1 2026; TTM through Mar 2026 was $2.5 billion, a 31.42% decrease from a year earlier, with the FY2025 full-year figure at $3.1 billion, down 27.14% from the prior year.
- Assets Average for Q1 2026 stood at $2.5 billion, down from $2.8 billion in the prior quarter.
- Over the last five years, Assets Average for PLUG reached as high as $5.9 billion in Q1 2022 and fell as low as $2.5 billion in Q1 2026.
- Historically, Assets Average has averaged $4.7 billion across 5 years, with a median of $4.9 billion in 2024.
- Across the five-year window, Assets Average soared 46.24% in 2022 and plunged 32.05% in 2025, its largest moves.
- Year by year, Assets Average stood at $5.8 billion in 2022, then retreated by 10.91% to $5.2 billion in 2023, then decreased by 19.58% to $4.2 billion in 2024, then slumped by 31.56% to $2.8 billion in 2025, then retreated by 12.92% to $2.5 billion in 2026.
- Per Business Quant data, the three most recent Assets Average figures were $2.5 billion in Q1 2026, $2.8 billion in Q4 2025, and $3.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 102.99 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 12.81 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 4.53 Bn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 8.32 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 6.91 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 2.57 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 4.60 Bn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 1.14 Bn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 4.03 Bn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn | 2.48 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 |