Plug Power (PLUG) Change in Receivables (2010 - 2026)
Plug Power (PLUG) reported Change in Receivables of -$25.9 million for Q1 2026, down 111.03% year-over-year from $234.4 million in Q1 2025, and down 221.83% on a QoQ basis from $21.2 million in Q4 2025.
Plug Power (PLUG) has 17 years of Change in Receivables data on file, last reported at -$25.9 million in Q1 2026.
- Quarterly Change in Receivables fell 111.03% year-over-year to -$25.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$8.3 million (down 131.1% YoY) and the FY2025 annual result came in at $5.4 million, up 109.28% from the prior year.
- Change in Receivables declined to -$25.9 million in Q1 2026 per PLUG's latest filing, from $21.2 million in the prior quarter.
- Across five years, Change in Receivables topped out at $89.6 million in Q2 2023 and bottomed at -$96.4 million in Q1 2024.
- The 5-year median for Change in Receivables is -$1.5 million (2023), against an average of $4.4 million.
- The widest annual swing landed in 2022, when Change in Receivables plunged 33083.49%; it then jumped 2043.16% in 2023.
- Tracing PLUG's Change in Receivables over 5 years: stood at $28.9 million in 2022, then surged by 204.36% to $88.1 million in 2023, then tumbled by 76.85% to $20.4 million in 2024, then increased by 4.06% to $21.2 million in 2025, then plunged by 221.83% to -$25.9 million in 2026.
- Per Business Quant, the three latest PLUG Change in Receivables figures stand at -$25.9 million (Q1 2026), $21.2 million (Q4 2025), and -$2.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 57.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | -11.78 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 138.40 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 117.80 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 52.40 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 49.39 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 12.10 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 36.04 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -25.85 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 151.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -25.85 Mn |
| Mar 31, 2026 | -25.85 Mn |
| Dec 31, 2025 | 21.22 Mn |
| Dec 31, 2025 | 21.22 Mn |
| Sep 30, 2025 | -2.04 Mn |
| Sep 30, 2025 | -2.04 Mn |
| Jun 30, 2025 | -1.58 Mn |
| Jun 30, 2025 | -1.58 Mn |
| Mar 31, 2025 | -12.25 Mn |
| Mar 31, 2025 | -12.25 Mn |
| Dec 31, 2024 | 20.39 Mn |
| Dec 31, 2024 | 20.39 Mn |
| Sep 30, 2024 | -22.79 Mn |
| Sep 30, 2024 | -22.79 Mn |
| Jun 30, 2024 | 41.18 Mn |
| Jun 30, 2024 | 41.18 Mn |
| Mar 31, 2024 | -96.44 Mn |
| Mar 31, 2024 | -96.44 Mn |
| Dec 31, 2023 | 88.08 Mn |
| Dec 31, 2023 | 88.08 Mn |
| Sep 30, 2023 | -53.41 Mn |
| Sep 30, 2023 | -53.41 Mn |
| Jun 30, 2023 | 89.58 Mn |
| Jun 30, 2023 | 89.58 Mn |
| Mar 31, 2023 | -1.49 Mn |
| Mar 31, 2023 | -1.49 Mn |
| Dec 31, 2022 | 28.94 Mn |
| Dec 31, 2022 | 28.94 Mn |
| Sep 30, 2022 | 33.97 Mn |
| Sep 30, 2022 | 33.97 Mn |
| Jun 30, 2022 | 4.18 Mn |
| Jun 30, 2022 | 4.18 Mn |
| Mar 31, 2022 | -36.17 Mn |
| Mar 31, 2022 | -36.17 Mn |
| Dec 31, 2021 | -61.73 Mn |
| Dec 31, 2021 | -61.73 Mn |
| Sep 30, 2021 | 41.01 Mn |
| Sep 30, 2021 | 41.01 Mn |
| Jun 30, 2021 | 48.43 Mn |
| Jun 30, 2021 | 48.43 Mn |
| Mar 31, 2021 | -109,000.00 |
| Mar 31, 2021 | -109,000.00 |
| Dec 31, 2020 | -70.36 Mn |
| Dec 31, 2020 | -70.36 Mn |
| Sep 30, 2020 | 67.72 Mn |
| Sep 30, 2020 | 67.72 Mn |
| Jun 30, 2020 | 19.37 Mn |
| Jun 30, 2020 | 19.37 Mn |
| Mar 31, 2020 | -1.03 Mn |
| Mar 31, 2020 | -1.03 Mn |
| Dec 31, 2019 | 1.03 Mn |
| Dec 31, 2019 | 1.03 Mn |
| Sep 30, 2019 | -1.76 Mn |
| Sep 30, 2019 | -1.76 Mn |
| Jun 30, 2019 | -4.86 Mn |
| Jun 30, 2019 | -4.86 Mn |
| Mar 31, 2019 | -5.00 Mn |
| Mar 31, 2019 | -5.00 Mn |
| Dec 31, 2018 | 5.28 Mn |
| Dec 31, 2018 | 5.28 Mn |
| Sep 30, 2018 | -6.79 Mn |
| Sep 30, 2018 | -6.79 Mn |
| Jun 30, 2018 | 8.52 Mn |
| Jun 30, 2018 | 8.52 Mn |
| Mar 31, 2018 | 7.66 Mn |
| Mar 31, 2018 | 7.66 Mn |
| Dec 31, 2017 | -31.00 Mn |
| Dec 31, 2017 | -31.00 Mn |
| Sep 30, 2017 | 37.60 Mn |
| Sep 30, 2017 | 37.60 Mn |
| Jun 30, 2017 | 8.37 Mn |
| Jun 30, 2017 | 8.37 Mn |
| Mar 31, 2017 | -5.02 Mn |
| Mar 31, 2017 | -5.02 Mn |
| Dec 31, 2016 | 1.36 Mn |
| Dec 31, 2016 | 1.36 Mn |
| Sep 30, 2016 | -671,000.00 |
| Sep 30, 2016 | -671,000.00 |
| Jun 30, 2016 | 1.99 Mn |
| Jun 30, 2016 | 1.99 Mn |
| Mar 31, 2016 | -11.97 Mn |
| Mar 31, 2016 | -11.97 Mn |
| Dec 31, 2015 | 4.10 Mn |
| Dec 31, 2015 | 4.10 Mn |
| Sep 30, 2015 | 5.11 Mn |
| Sep 30, 2015 | 5.11 Mn |
| Jun 30, 2015 | 4.75 Mn |
| Jun 30, 2015 | 4.75 Mn |
| Mar 31, 2015 | -8.32 Mn |
| Mar 31, 2015 | -8.32 Mn |
| Dec 31, 2014 | 1.06 Mn |
| Dec 31, 2014 | 1.06 Mn |
| Sep 30, 2014 | -1.43 Mn |
| Sep 30, 2014 | -1.43 Mn |
| Jun 30, 2014 | 9.80 Mn |
| Jun 30, 2014 | 9.80 Mn |
| Mar 31, 2014 | -87,084.00 |
| Mar 31, 2014 | -87,084.00 |
| Dec 31, 2013 | 2.13 Mn |
| Dec 31, 2013 | 2.13 Mn |
| Sep 30, 2013 | -47,987.00 |
| Sep 30, 2013 | -47,987.00 |
| Jun 30, 2013 | 1.88 Mn |
| Jun 30, 2013 | 1.88 Mn |
| Mar 31, 2013 | -1.56 Mn |
| Mar 31, 2013 | -1.56 Mn |
| Dec 31, 2012 | -3.64 Mn |
| Dec 31, 2012 | -3.64 Mn |
| Sep 30, 2012 | -3.46 Mn |
| Sep 30, 2012 | -3.46 Mn |
| Jun 30, 2012 | -1.84 Mn |
| Jun 30, 2012 | -1.84 Mn |
| Mar 31, 2012 | -419,638.00 |
| Mar 31, 2012 | -419,638.00 |
| Dec 31, 2011 | -10.22 Mn |
| Dec 31, 2011 | -10.22 Mn |
| Sep 30, 2011 | 1.09 Mn |
| Sep 30, 2011 | 1.09 Mn |
| Jun 30, 2011 | -195,977.00 |
| Jun 30, 2011 | -195,977.00 |
| Mar 31, 2011 | 129,923.00 |
| Mar 31, 2011 | 129,923.00 |
| Dec 31, 2010 | -139,091.00 |
| Dec 31, 2010 | -139,091.00 |
| Sep 30, 2010 | 1.26 Mn |
| Sep 30, 2010 | 1.26 Mn |