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

Plug Power (PLUG) reported Common Equity of $773.9 million for Q1 2026, down 59.96% year-over-year from $1.9 billion in Q1 2025, and down 22.87% quarter-over-quarter from $1.0 billion 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 $773.9 million in Q1 2026.

  • Common Equity for Q1 2026 came in at $773.9 million, down 59.96% year-over-year; the trailing twelve-month figure through Mar 2026 was $773.9 million (down 59.96% YoY), and the FY2025 annual result was $1.0 billion, down 44.5% from the prior year.
  • Common Equity slipped to $773.9 million in Q1 2026 per PLUG's latest filing, from $1.0 billion in the prior quarter.
  • Over five years, Common Equity peaked at $4.5 billion in Q1 2022 and troughed at $773.9 million in Q1 2026.
  • A 5-year average of $2.9 billion and a median of $3.0 billion in 2024 frame the typical range for Common Equity.
  • The sharpest annual moves came in 2022 and 2026: Common Equity slipped 9.0% in 2022, then sank 59.96% in 2026.
  • A 5-year view of Common Equity shows it stood at $4.1 billion in 2022, then declined by 28.62% to $2.9 billion in 2023, then tumbled by 37.62% to $1.8 billion in 2024, then tumbled by 44.5% to $1.0 billion in 2025, then fell by 22.87% to $773.9 million in 2026.
  • Business Quant data shows PLUG's Common Equity at $773.9 million in Q1 2026, $1.0 billion in Q4 2025, and $1.5 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 161.67 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 4.24 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 921.47 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 3.80 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 3.78 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 1.38 Bn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 709.07 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 2.84 Bn
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn 773.89 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 773.89 Mn
Dec 31, 2025 1.00 Bn
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