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| 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 |