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% quarter-over-quarter 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.

  • Assets Average for Q1 2026 came in at $2.5 billion, down 31.42% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.5 billion (down 31.42% YoY), and the FY2025 annual result was $3.1 billion, down 27.14% from the prior year.
  • Assets Average slipped to $2.5 billion in Q1 2026 per PLUG's latest filing, from $2.8 billion in the prior quarter.
  • Over five years, Assets Average peaked at $5.9 billion in Q1 2022 and troughed at $2.5 billion in Q1 2026.
  • A 5-year average of $4.7 billion and a median of $4.9 billion in 2024 frame the typical range for Assets Average.
  • The sharpest annual moves came in 2022 and 2025: Assets Average surged 46.24% in 2022, then slumped 32.05% in 2025.
  • A 5-year view of Assets Average shows it stood at $5.8 billion in 2022, then dropped by 10.91% to $5.2 billion in 2023, then declined by 19.58% to $4.2 billion in 2024, then sank by 31.56% to $2.8 billion in 2025, then dropped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Assets Avg. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 304.93 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 12.81 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 4.53 Bn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 6.91 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 8.32 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 2.57 Bn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.14 Bn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 696.43 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 4.61 Bn
10 Plug Power 3.75 Bn 3.37 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