Plug Power (PLUG) Cash & Equivalents (2010 - 2026)
Plug Power (PLUG) recorded Cash & Equivalents of $161.9 million in Q2 2026, up 15.0% from $140.74 million a year earlier but down 27.5% from the prior quarter.
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Analysis
Plug Power (PLUG) Cash & Equivalents (2010 - 2026) Analysis & Trends
At the end of FY2025, Plug Power reported Cash & Equivalents of $368.54 million, up 79.2% from FY2024.
- Annual Cash & Equivalents has a five-year compound annual growth rate of -22.4% (FY2020 to FY2025).
- Across earlier years, Cash & Equivalents came in at $205.69 million in FY2024 (+52.3%), $135.03 million in FY2023 (-80.4%), $690.63 million in FY2022 (-72.2%) and $2.48 billion in FY2021 (+89.1%).
- Quarterly Cash & Equivalents has ranged from $62.36 million in Q2 2024 to $3.37 billion in Q3 2021 over the past five years.
- On a year-over-year basis, Cash & Equivalents rose in six of the last eight quarters, with growth averaging 47.5%.
- Peak year-over-year performance for Cash & Equivalents in the last five years was growth of 652.4% in Q3 2021, against a decline of 93.7% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $223.2 million (Q1 2026), $368.54 million (Q4 2025) and $165.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn | 161.90 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn | 91.33 Mn |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn | 185.38 Mn |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - | 15.76 Mn |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | 59.15 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | 58.15 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | 91.36 Mn |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn | 973,000.00 |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - | 53.45 Mn |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | 22,040.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 161.90 Mn |
| Mar 31, 2026 | 223.20 Mn |
| Dec 31, 2025 | 368.54 Mn |
| Sep 30, 2025 | 165.90 Mn |
| Jun 30, 2025 | 140.74 Mn |
| Mar 31, 2025 | 295.84 Mn |
| Dec 31, 2024 | 205.69 Mn |
| Sep 30, 2024 | 93.94 Mn |
| Jun 30, 2024 | 62.36 Mn |
| Mar 31, 2024 | 172.87 Mn |
| Dec 31, 2023 | 135.03 Mn |
| Sep 30, 2023 | 110.81 Mn |
| Jun 30, 2023 | 579.42 Mn |
| Mar 31, 2023 | 474.86 Mn |
| Dec 31, 2022 | 690.63 Mn |
| Sep 30, 2022 | 1.75 Bn |
| Jun 30, 2022 | 2.26 Bn |
| Mar 31, 2022 | 2.50 Bn |
| Dec 31, 2021 | 2.48 Bn |
| Sep 30, 2021 | 3.37 Bn |
API Access
Plug Power Cash & Equivalents 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=cash-and-equivalents&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "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=cash-and-equivalents&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();