Plug Power (PLUG) Assets Average (2011 - 2026)
Plug Power (PLUG) posted quarterly 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% quarter-over-quarter from $2.8 billion in Q4 2025.
Plug Power (PLUG) Assets Average (2011 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Assets Average for 16 consecutive years, with $2.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Assets Average fell 31.42% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $2.5 billion (down 31.42% YoY), while the FY2025 annual figure was $3.1 billion, down 27.14% from the prior year.
- Assets Average fell 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.
- Historically, Assets Average has averaged $4.7 billion across 5 years, with a median of $4.9 billion in 2024.
- Annual changes were most pronounced in 2022 — Assets Average surged 46.24% — and 2025, when it slumped 32.05%.
- Plug Power's Assets Average stood at $5.8 billion in 2022, then declined by 10.91% to $5.2 billion in 2023, then fell by 19.58% to $4.2 billion in 2024, then slumped by 31.56% to $2.8 billion in 2025, then declined by 12.92% to $2.5 billion in 2026.
- Business Quant data shows PLUG's Assets Average at $2.5 billion in Q1 2026, $2.8 billion in Q4 2025, and $3.2 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.41 Bn | 96.30 Bn | 1.23 Bn | 14.65 Bn |
| 2 | Bloom Energy | 57.55 Bn | 54.88 Bn | 355.57 Mn | 5.15 Bn |
| 3 | nVent Electric | 25.09 Bn | 24.84 Bn | 558.00 Mn | 3.59 Bn |
| 4 | Hubbell | 25.01 Bn | 24.62 Bn | 613.00 Mn | 10.13 Bn |
| 5 | Advanced Energy Industries | 11.06 Bn | 9.64 Bn | 236.10 Mn | 3.01 Bn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.96 Bn | 606.40 Mn | 4.60 Bn |
| 7 | Powell Industries | 7.20 Bn | 6.56 Bn | 95.30 Mn | 1.29 Bn |
| 8 | EnerSys | 6.90 Bn | 6.37 Bn | 313.36 Mn | 3.98 Bn |
| 9 | Hayward Holdings | 3.20 Bn | 2.71 Bn | 155.05 Mn | 3.13 Bn |
| 10 | Plug Power | 3.12 Bn | 2.81 Bn | -1.68 Mn | 2.28 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.28 Bn |
| 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 |