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| Date | Value |
|---|---|
| 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 |