Plug Power (PLUG) Common Equity (2010 - 2026)
Plug Power (PLUG) posted quarterly Common Equity of $749.8 million for Q1 2026, down 61.2% year-over-year from $1.9 billion in Q1 2025, and down 23.34% quarter-over-quarter from $978.1 million in Q4 2025.
Plug Power (PLUG) Common Equity (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Common Equity for 17 consecutive years, with $749.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Common Equity fell 61.2% year-over-year to $749.8 million; the TTM figure through Mar 2026 stood at $749.8 million (down 61.2% YoY), while the FY2025 annual figure was $978.1 million, down 45.9% from the prior year.
- Common Equity slipped to $749.8 million in Q1 2026 per PLUG's latest filing, from $978.1 million in the prior quarter.
- Across five years, Common Equity topped out at $4.5 billion in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2022 — Common Equity slipped 9.0% — and 2026, when it slumped 61.2%.
- Plug Power's Common Equity stood at $4.1 billion in 2022, then fell 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 decreased by 23.34% to $749.8 million in 2026.
- Business Quant data shows PLUG's Common Equity at $749.8 million in Q1 2026, $978.1 million in Q4 2025, and $1.5 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 4.76 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 1.64 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 3.99 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 3.92 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 1.46 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 2.85 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 756.18 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 1.97 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 1.60 Bn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 587.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 587.29 Mn |
| 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 |