Growth Metrics

Plug Power (PLUG) Capital Expenditures (2016 - 2025)

Plug Power (PLUG) has disclosed Capital Expenditures for 16 consecutive years, with -$92.3 million as the latest value for Q4 2025.

  • Quarterly Capital Expenditures fell 139.1% to -$92.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $14.5 million through Dec 2025, down 94.96% year-over-year, with the annual reading at $14.5 million for FY2025, 94.96% down from the prior year.
  • Capital Expenditures for Q4 2025 was -$92.3 million at Plug Power, down from $66.0 million in the prior quarter.
  • The five-year high for Capital Expenditures was $236.1 million in Q4 2024, with the low at -$92.3 million in Q4 2025.
  • Average Capital Expenditures over 5 years is $33.1 million, with a median of $16.8 million recorded in 2023.
  • Peak annual rise in Capital Expenditures hit 2252.76% in 2022, while the deepest fall reached 2360.96% in 2022.
  • Over 5 years, Capital Expenditures stood at $163.3 million in 2021, then crashed by 121.15% to -$34.6 million in 2022, then surged by 183.37% to $28.8 million in 2023, then surged by 719.56% to $236.1 million in 2024, then tumbled by 139.1% to -$92.3 million in 2025.
  • According to Business Quant data, Capital Expenditures over the past three periods came in at -$92.3 million, $66.0 million, and -$6.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.