Growth Metrics

Plug Power (PLUG) Capital Leases (2019 - 2025)

Plug Power (PLUG) has disclosed Capital Leases for 10 consecutive years, with $17.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Capital Leases fell 22.61% to $17.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $17.6 million, a 22.61% decrease, with the full-year FY2025 number at $17.6 million, down 22.61% from a year prior.
  • Capital Leases was $17.6 million for Q4 2025 at Plug Power, down from $20.2 million in the prior quarter.
  • In the past five years, Capital Leases ranged from a high of $39.4 million in Q1 2023 to a low of $8.5 million in Q1 2021.
  • A 5-year average of $27.1 million and a median of $28.8 million in 2022 define the central range for Capital Leases.
  • Peak YoY movement for Capital Leases: surged 614.22% in 2021, then plummeted 43.32% in 2025.
  • Plug Power's Capital Leases stood at $24.6 million in 2021, then skyrocketed by 54.35% to $38.0 million in 2022, then dropped by 4.88% to $36.1 million in 2023, then tumbled by 36.96% to $22.8 million in 2024, then fell by 22.61% to $17.6 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Capital Leases are $17.6 million (Q4 2025), $20.2 million (Q3 2025), and $22.5 million (Q2 2025).