Plug Power (PLUG) Change in Inventory (2010 - 2026)
Plug Power (PLUG) recorded Change in Inventory of -$10.39 million in Q2 2026, compared with -$34.71 million a year earlier.
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Analysis
Plug Power (PLUG) Change in Inventory (2010 - 2026) Analysis & Trends
On a TTM basis, Plug Power's Change in Inventory came in at -$39.07 million as of Jun 30, 2026; for FY2025, it was -$51.89 million.
- Across earlier years, Change in Inventory came in at -$129.29 million in FY2024, $408.63 million in FY2023 (+11.7%), $365.67 million in FY2022 (+262.2%) and $100.95 million in FY2021 (+59.3%).
- Quarterly Change in Inventory has ranged from -$98.42 million in Q4 2024 to $142.03 million in Q3 2023 over the past five years.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 335.1% in Q3 2022, against a decline of 70.9% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.86 million (Q1 2026), -$19.37 million (Q4 2025) and -$16.17 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | -10.39 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | 2.43 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | -11.03 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | 73,000.00 |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | 1.05 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | -2.33 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | - |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 3.35 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.39 Mn |
| Mar 31, 2026 | 6.86 Mn |
| Dec 31, 2025 | -19.37 Mn |
| Sep 30, 2025 | -16.17 Mn |
| Jun 30, 2025 | -34.71 Mn |
| Mar 31, 2025 | 18.36 Mn |
| Dec 31, 2024 | -98.42 Mn |
| Sep 30, 2024 | -42.79 Mn |
| Jun 30, 2024 | -26.39 Mn |
| Mar 31, 2024 | 38.31 Mn |
| Dec 31, 2023 | -3.11 Mn |
| Sep 30, 2023 | 142.03 Mn |
| Jun 30, 2023 | 138.13 Mn |
| Mar 31, 2023 | 131.58 Mn |
| Dec 31, 2022 | 119.90 Mn |
| Sep 30, 2022 | 86.33 Mn |
| Jun 30, 2022 | 95.74 Mn |
| Mar 31, 2022 | 63.70 Mn |
| Dec 31, 2021 | 10.52 Mn |
| Sep 30, 2021 | 19.84 Mn |
API Access
Plug Power Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();