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Plug Power (PLUG) Change in Inventory (2016 - 2025)

Plug Power (PLUG) has disclosed Change in Inventory for 16 consecutive years, with -$19.4 million as the latest value for Q4 2025.

  • On a quarterly basis, Change in Inventory rose 80.32% to -$19.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$51.9 million, a 59.86% increase, with the full-year FY2025 number at -$51.9 million, up 59.86% from a year prior.
  • Change in Inventory was -$19.4 million for Q4 2025 at Plug Power, down from -$16.2 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $142.0 million in Q3 2023 to a low of -$98.4 million in Q4 2024.
  • A 5-year average of $34.7 million and a median of $21.8 million in 2021 define the central range for Change in Inventory.
  • Peak YoY movement for Change in Inventory: skyrocketed 1039.59% in 2022, then tumbled 3068.8% in 2024.
  • Plug Power's Change in Inventory stood at $10.5 million in 2021, then surged by 1039.59% to $119.9 million in 2022, then plummeted by 102.59% to -$3.1 million in 2023, then crashed by 3068.8% to -$98.4 million in 2024, then soared by 80.32% to -$19.4 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Change in Inventory are -$19.4 million (Q4 2025), -$16.2 million (Q3 2025), and -$34.7 million (Q2 2025).