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

Plug Power's (PLUG) quarterly Change in Accured Expenses came in at -$43.3 million in Q1 2026, down 191.1% year-on-year from $47.6 million in Q1 2025, and down 1531.41% on a QoQ basis 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.

  • On a quarterly basis, Change in Accured Expenses fell 191.1% year-over-year to -$43.3 million in Q1 2026; TTM through Mar 2026 was -$7.2 million, a 80.76% increase from a year earlier, with the FY2025 full-year figure at $83.7 million, up 240.72% from the prior year.
  • Change in Accured Expenses for Q1 2026 stood at -$43.3 million, down from $3.0 million in the prior quarter.
  • Over the last five years, Change in Accured Expenses for PLUG reached as high as $84.7 million in Q3 2025 and fell as low as -$51.7 million in Q2 2025.
  • Historically, Change in Accured Expenses has averaged $5.4 million across 5 years, with a median of $501000.0 in 2023.
  • Across the five-year window, Change in Accured Expenses slumped 6144.11% in 2024 and surged 733.95% in 2025, its largest moves.
  • Year by year, Change in Accured Expenses stood at -$24.5 million in 2022, then jumped by 102.05% to $501000.0 in 2023, then slumped by 6144.11% to -$30.3 million in 2024, then surged by 110.0% to $3.0 million in 2025, then sank by 1531.41% to -$43.3 million in 2026.
  • Per Business Quant data, the three most recent Change in Accured Expenses figures were -$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 in Accured Expenses (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn -95.40 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -1.37 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn -25.70 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn -50.70 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 7.91 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 45.77 Mn
10 Plug Power 3.06 Bn 2.67 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