Plug Power (PLUG) Capital Leases (2012 - 2026)
Plug Power's (PLUG) quarterly Capital Leases came in at $14.8 million in Q1 2026, down 22.72% year-on-year from $19.1 million in Q1 2025, and down 16.32% on a QoQ basis from $17.6 million in Q4 2025.
Plug Power (PLUG) Capital Leases (2012 - 2026) Analysis & Trends
Plug Power (PLUG) has 11 years of Capital Leases data on file, last reported at $14.8 million in Q1 2026.
- On a quarterly basis, Capital Leases fell 22.72% year-over-year to $14.8 million in Q1 2026; TTM through Mar 2026 was $14.8 million, a 22.72% decrease from a year earlier, with the FY2025 full-year figure at $17.6 million, down 22.61% from the prior year.
- Capital Leases for Q1 2026 stood at $14.8 million, down from $17.6 million in the prior quarter.
- Over the last five years, Capital Leases for PLUG reached as high as $39.4 million in Q1 2023 and fell as low as $14.8 million in Q1 2026.
- Historically, Capital Leases has averaged $29.1 million across 5 years, with a median of $30.6 million in 2024.
- Across the five-year window, Capital Leases soared 258.76% in 2022 and sank 43.32% in 2025, its largest moves.
- Year by year, Capital Leases stood at $38.0 million in 2022, then fell by 4.88% to $36.1 million in 2023, then plunged by 36.96% to $22.8 million in 2024, then declined by 22.61% to $17.6 million in 2025, then fell by 16.32% to $14.8 million in 2026.
- Per Business Quant data, the three most recent Capital Leases figures were $14.8 million in Q1 2026, $17.6 million in Q4 2025, and $20.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.75 Mn |
| Dec 31, 2025 | 17.63 Mn |
| Sep 30, 2025 | 20.19 Mn |
| Jun 30, 2025 | 22.47 Mn |
| Mar 31, 2025 | 19.09 Mn |
| Dec 31, 2024 | 22.78 Mn |
| Sep 30, 2024 | 27.13 Mn |
| Jun 30, 2024 | 30.57 Mn |
| Mar 31, 2024 | 33.67 Mn |
| Dec 31, 2023 | 36.13 Mn |
| Sep 30, 2023 | 35.12 Mn |
| Jun 30, 2023 | 37.80 Mn |
| Mar 31, 2023 | 39.40 Mn |
| Dec 31, 2022 | 37.99 Mn |
| Sep 30, 2022 | 35.86 Mn |
| Jun 30, 2022 | 32.97 Mn |
| Mar 31, 2022 | 30.52 Mn |
| Dec 31, 2021 | 24.61 Mn |
| Sep 30, 2021 | 17.03 Mn |
| Jun 30, 2021 | 12.38 Mn |