Plug Power (PLUG) Common Equity (2010 - 2026)

Plug Power's (PLUG) quarterly Common Equity came in at $749.8 million in Q1 2026, down 61.2% year-on-year from $1.9 billion in Q1 2025, and down 23.34% on a QoQ basis from $978.1 million in Q4 2025.

Plug Power (PLUG) Common Equity (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Common Equity data on file, last reported at $749.8 million in Q1 2026.

  • On a quarterly basis, Common Equity fell 61.2% year-over-year to $749.8 million in Q1 2026; TTM through Mar 2026 was $749.8 million, a 61.2% decrease from a year earlier, with the FY2025 full-year figure at $978.1 million, down 45.9% from the prior year.
  • Common Equity for Q1 2026 stood at $749.8 million, down from $978.1 million in the prior quarter.
  • Over the last five years, Common Equity for PLUG reached as high as $4.5 billion in Q1 2022 and fell as low as $749.8 million in Q1 2026.
  • Historically, Common Equity has averaged $2.9 billion across 5 years, with a median of $3.0 billion in 2024.
  • Across the five-year window, Common Equity retreated 9.0% in 2022 and plunged 61.2% in 2026, its largest moves.
  • Year by year, Common Equity stood at $4.1 billion in 2022, then decreased by 28.62% to $2.9 billion in 2023, then plunged by 37.62% to $1.8 billion in 2024, then tumbled by 45.9% to $978.1 million in 2025, then dropped by 23.34% to $749.8 million in 2026.
  • Per Business Quant data, the three most recent Common Equity figures were $749.8 million in Q1 2026, $978.1 million in Q4 2025, and $1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Electrovaya 421.33 Bn 421.31 Bn 6.04 Mn 62.78 Mn
2 Vertiv Holdings 112.75 Bn 110.25 Bn 999.70 Mn 4.24 Bn
3 Bloom Energy 55.30 Bn 52.81 Bn 225.54 Mn 948.01 Mn
4 Hubbell 26.21 Bn 25.70 Bn 505.30 Mn 3.78 Bn
5 nVent Electric 24.54 Bn 24.35 Bn 445.60 Mn 3.80 Bn
6 Advanced Energy Industries 11.58 Bn 10.88 Bn 200.90 Mn 1.38 Bn
7 Acuity Inc. (De) 10.11 Bn 9.70 Bn 606.40 Mn 2.85 Bn
8 Powell Industries 8.53 Bn 7.98 Bn 87.94 Mn 129,000.00
9 EnerSys 7.17 Bn 6.74 Bn 290.87 Mn 1.91 Bn
10 Plug Power 2.99 Bn 2.58 Bn -21.61 Mn 749.81 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 749.81 Mn
Dec 31, 2025 978.07 Mn
Sep 30, 2025 1.50 Bn
Jun 30, 2025 1.76 Bn
Mar 31, 2025 1.93 Bn
Dec 31, 2024 1.81 Bn
Sep 30, 2024 3.03 Bn
Jun 30, 2024 2.99 Bn
Mar 31, 2024 2.93 Bn
Dec 31, 2023 2.90 Bn
Sep 30, 2023 3.51 Bn
Jun 30, 2023 3.74 Bn
Mar 31, 2023 3.92 Bn
Dec 31, 2022 4.06 Bn
Sep 30, 2022 4.22 Bn
Jun 30, 2022 4.34 Bn
Mar 31, 2022 4.48 Bn
Dec 31, 2021 4.61 Bn
Sep 30, 2021 4.71 Bn
Jun 30, 2021 4.83 Bn