Plug Power (PLUG) Change in Accured Expenses (2010 - 2026)

Plug Power (PLUG) reported Change in Accured Expenses of -$43.3 million for Q1 2026, down 191.1% year-over-year from $47.6 million in Q1 2025, and down 1531.41% quarter-over-quarter from $3.0 million in Q4 2025.

Plug Power (PLUG) Change in Accured Expenses (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Change in Accured Expenses data on file, last reported at -$43.3 million in Q1 2026.

  • Change in Accured Expenses for Q1 2026 came in at -$43.3 million, down 191.1% year-over-year; the trailing twelve-month figure through Mar 2026 was -$7.2 million (up 80.76% YoY), and the FY2025 annual result was $83.7 million, up 240.72% from the prior year.
  • Change in Accured Expenses eased to -$43.3 million in Q1 2026 per PLUG's latest filing, from $3.0 million in the prior quarter.
  • Over five years, Change in Accured Expenses peaked at $84.7 million in Q3 2025 and troughed at -$51.7 million in Q2 2025.
  • A 5-year average of $5.4 million and a median of $501000.0 in 2023 frame the typical range for Change in Accured Expenses.
  • The sharpest annual moves came in 2024 and 2025: Change in Accured Expenses plunged 6144.11% in 2024, then jumped 733.95% in 2025.
  • A 5-year view of Change in Accured Expenses shows it stood at -$24.5 million in 2022, then jumped by 102.05% to $501000.0 in 2023, then sank by 6144.11% to -$30.3 million in 2024, then surged by 110.0% to $3.0 million in 2025, then plunged by 1531.41% to -$43.3 million in 2026.
  • Business Quant data shows PLUG's Change in Accured Expenses at -$43.3 million in Q1 2026, $3.0 million in Q4 2025, and $84.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change Accured Exp. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -95.40 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -1.37 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn -50.70 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -25.70 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn -
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 7.91 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn -43.34 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -43.34 Mn
Mar 31, 2026 -43.34 Mn
Dec 31, 2025 3.03 Mn
Dec 31, 2025 3.03 Mn
Sep 30, 2025 84.73 Mn
Sep 30, 2025 84.73 Mn
Jun 30, 2025 -51.66 Mn
Jun 30, 2025 -51.66 Mn
Mar 31, 2025 47.58 Mn
Mar 31, 2025 47.58 Mn
Dec 31, 2024 -30.28 Mn
Dec 31, 2024 -30.28 Mn
Sep 30, 2024 -13.37 Mn
Sep 30, 2024 -13.37 Mn
Jun 30, 2024 -41.57 Mn
Jun 30, 2024 -41.57 Mn
Mar 31, 2024 25.76 Mn
Mar 31, 2024 25.76 Mn
Dec 31, 2023 501,000.00
Dec 31, 2023 501,000.00