Plug Power PLUG
NASDAQ PLUG
$2.17 -0.09 (-3.97%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Plug Power's (PLUG) quarterly Convertible Debt came in at $578.0 million in Q2 2026, up 14.96% quarter-over-quarter from $502.8 million in Q1 2026.

Analysis

Plug Power (PLUG) Convertible Debt (2018 - 2026) Analysis & Trends

Plug Power (PLUG) has reported Convertible Debt for 9 consecutive years, with $578.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Convertible Debt changed N/A year-over-year to $578.0 million in Q2 2026; TTM through Jun 2026 was $578.0 million, a N/A change from a year earlier, with the FY2025 full-year figure at $431.0 million, up 34.25% from the prior year.
  • Convertible Debt was $578.0 million for Q2 2026 at Plug Power, up from $502.8 million in the prior quarter.
  • Over five years, Convertible Debt peaked at $578.0 million in Q2 2026 and troughed at $149.2 million in Q3 2024.
  • A 5-year average of $263.0 million and a median of $195.1 million in 2023 frame the typical range for Convertible Debt.
  • Across the five-year window, Convertible Debt dropped 23.45% in 2024 and soared 96.95% in 2026, its largest moves.
  • Over 5 years, Convertible Debt stood at $193.9 million in 2022, then increased by 0.69% to $195.3 million in 2023, then surged by 64.42% to $321.1 million in 2024, then surged by 34.25% to $431.0 million in 2025, then jumped by 34.1% to $578.0 million in 2026.
  • The last three Convertible Debt figures came in at $578.0 million (Q2 2026), $502.8 million (Q1 2026), and $431.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Plug Power 3.04 Bn 2.72 Bn -1.68 Mn
2 NewHydrogen 12.64 Mn 12.64 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 578.00 Mn
Mar 31, 2026 502.77 Mn
Dec 31, 2025 431.01 Mn
Mar 31, 2025 255.28 Mn
Dec 31, 2024 321.06 Mn
Sep 30, 2024 149.21 Mn
Jun 30, 2024 208.58 Mn
Mar 31, 2024 209.80 Mn
Dec 31, 2023 195.26 Mn
Sep 30, 2023 194.92 Mn
Jun 30, 2023 194.58 Mn
Mar 31, 2023 194.25 Mn
Dec 31, 2022 193.92 Mn
Sep 30, 2022 193.59 Mn
Jun 30, 2022 193.27 Mn
Mar 31, 2022 192.95 Mn
Dec 31, 2021 192.63 Mn
Sep 30, 2021 192.32 Mn
Jun 30, 2021 192.01 Mn
Mar 31, 2021 191.77 Mn