Plug Power (PLUG) Convertible Debt (2018 - 2026)

Plug Power (PLUG) has 9 years of Convertible Debt data on file, last reported at $502.8 million in Q1 2026.

• Quarterly Convertible Debt rose 96.95% year-over-year to $502.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $502.8 million (up 96.95% YoY) and the FY2025 annual result came in at $431.0 million, up 34.25% from the prior year.
• Convertible Debt improved to $502.8 million in Q1 2026 per PLUG's latest filing, from $431.0 million in the prior quarter.
• Across five years, Convertible Debt topped out at $502.8 million in Q1 2026 and bottomed at $149.2 million in Q3 2024.
• The 5-year median for Convertible Debt is $194.9 million (2023), against an average of $242.0 million.
• The widest annual swing landed in 2022, when Convertible Debt surged 1169.4%; it then slipped 23.45% in 2024.
• Tracing PLUG's Convertible Debt over 5 years: stood at $193.9 million in 2022, then grew by 0.69% to $195.3 million in 2023, then jumped by 64.42% to $321.1 million in 2024, then jumped by 34.25% to $431.0 million in 2025, then climbed by 16.65% to $502.8 million in 2026.
• Per Business Quant, the three latest PLUG Convertible Debt figures stand at $502.8 million (Q1 2026), $431.0 million (Q4 2025), and $255.3 million (Q1 2025).

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