Plug Power (PLUG) Change in Accured Expenses (2010 - 2026)
Plug Power (PLUG) posted quarterly 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 reported Change in Accured Expenses for 17 consecutive years, with -$43.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Accured Expenses fell 191.1% year-over-year to -$43.3 million; the TTM figure through Mar 2026 stood at -$7.2 million (up 80.76% YoY), while the FY2025 annual figure was $83.7 million, up 240.72% from the prior year.
- Change in Accured Expenses retreated to -$43.3 million in Q1 2026 per PLUG's latest filing, from $3.0 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $84.7 million in Q3 2025 and bottomed at -$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.
- Annual changes were most pronounced in 2024 — Change in Accured Expenses plunged 6144.11% — and 2025, when it jumped 733.95%.
- Plug Power's Change in Accured Expenses stood at -$24.5 million in 2022, then surged by 102.05% to $501000.0 in 2023, then slumped by 6144.11% to -$30.3 million in 2024, then soared by 110.0% to $3.0 million in 2025, then sank 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 117.60 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 90.76 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | -11.20 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | -30.70 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | - |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 15.48 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | -37.98 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -6.05 Mn |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | -15.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.05 Mn |
| Jun 30, 2026 | -6.05 Mn |
| 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 |