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
DateValue
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