Plug Power (PLUG) Assets (2010 - 2026)
Plug Power (PLUG) recorded Assets of $2.19 billion in Q2 2026, down 34.6% from $3.35 billion a year earlier and down 7.4% from the prior quarter.
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Analysis
Plug Power (PLUG) Assets (2010 - 2026) Analysis & Trends
At the end of FY2025, Plug Power reported Assets of $2.59 billion, down 28.0% from FY2024.
- Annual Assets has declined for four straight years, though with a five-year compound annual growth rate of 2.9% (FY2020 to FY2025).
- Across earlier years, Assets came in at $3.6 billion in FY2024 (-26.5%), $4.9 billion in FY2023 (-14.9%), $5.76 billion in FY2022 (-3.1%) and $5.95 billion in FY2021 (+164.3%).
- The Q2 2026 figure is the lowest quarterly Assets since Q3 2020.
- On a year-over-year basis, Assets has declined for 15 consecutive quarters, with an average decline of 28.3% over the last eight quarters.
- Peak year-over-year performance for Assets in the last five years was growth of 323.3% in Q3 2021, against a decline of 34.8% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.37 billion (Q1 2026), $2.59 billion (Q4 2025) and $3.1 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | 2.19 Bn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | 856.48 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | 1.66 Bn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | 470.71 Mn |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | 1.03 Bn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | 490.71 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | 1.04 Bn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 289.18 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | 56.82 Mn |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | 1.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.19 Bn |
| Mar 31, 2026 | 2.37 Bn |
| Dec 31, 2025 | 2.59 Bn |
| Sep 30, 2025 | 3.10 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.63 Bn |
| Dec 31, 2024 | 3.60 Bn |
| Sep 30, 2024 | 4.72 Bn |
| Jun 30, 2024 | 4.78 Bn |
| Mar 31, 2024 | 4.85 Bn |
| Dec 31, 2023 | 4.90 Bn |
| Sep 30, 2023 | 5.45 Bn |
| Jun 30, 2023 | 5.58 Bn |
| Mar 31, 2023 | 5.65 Bn |
| Dec 31, 2022 | 5.76 Bn |
| Sep 30, 2022 | 5.86 Bn |
| Jun 30, 2022 | 5.73 Bn |
| Mar 31, 2022 | 5.80 Bn |
| Dec 31, 2021 | 5.95 Bn |
| Sep 30, 2021 | 5.74 Bn |
API Access
Plug Power Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();