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| 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 |