Plug Power (PLUG) Capital Leases (2012 - 2026)
Plug Power (PLUG) posted Capital Leases of $19.34 million for Q2 2026, down 13.9% from $22.47 million a year earlier but up 31.1% from the prior quarter.
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Analysis
Plug Power (PLUG) Capital Leases (2012 - 2026) Analysis & Trends
At the end of FY2025, Plug Power's Capital Leases came in at $17.63 million, down 22.6% from FY2024.
- Annual Capital Leases has declined for three consecutive years, though with a five-year compound annual growth rate of 31.4% (FY2020 to FY2025).
- In prior years, Plug Power's Capital Leases was $22.78 million in FY2024 (-37.0%), $36.13 million in FY2023 (-4.9%), $37.99 million in FY2022 (+54.4%) and $24.61 million in FY2021 (+447.8%).
- Quarterly Capital Leases has run from a low of $14.75 million in Q1 2026 to a high of $39.4 million in Q1 2023 over five years.
- On a year-over-year basis, Capital Leases has declined in each of the last 12 quarters, with an average decline of 26.8% over the last eight quarters.
- The strongest year-over-year quarter for Capital Leases in the past five years was Q3 2021, with growth of 614.2%; the weakest was Q1 2025, with a decline of 43.3%.
- According to Business Quant data, Capital Leases for the three prior quarters was $14.75 million (Q1 2026), $17.63 million (Q4 2025) and $20.19 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.34 Mn |
| 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 |
API Access
Plug Power Capital Leases 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=capital-leases&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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=capital-leases&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();