Plug Power (PLUG) Current Assets (2010 - 2026)
Plug Power (PLUG) reported Current Assets of $1.3 billion for Q1 2026, down 16.89% year-over-year from $1.5 billion in Q1 2025, and down 9.61% quarter-over-quarter from $1.4 billion in Q4 2025.
Plug Power (PLUG) Current Assets (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Current Assets data on file, last reported at $1.3 billion in Q1 2026.
- Current Assets for Q1 2026 came in at $1.3 billion, down 16.89% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 billion (down 16.89% YoY), and the FY2025 annual result was $1.4 billion, down 4.55% from the prior year.
- Current Assets declined to $1.3 billion in Q1 2026 per PLUG's latest filing, from $1.4 billion in the prior quarter.
- Over five years, Current Assets peaked at $4.1 billion in Q1 2022 and troughed at $1.2 billion in Q3 2025.
- A 5-year average of $2.2 billion and a median of $1.8 billion in 2024 frame the typical range for Current Assets.
- The sharpest annual moves came in 2023 and 2025: Current Assets tumbled 45.94% in 2023, then dropped 4.55% in 2025.
- A 5-year view of Current Assets shows it stood at $3.3 billion in 2022, then plunged by 45.94% to $1.8 billion in 2023, then dropped by 17.32% to $1.5 billion in 2024, then retreated by 4.55% to $1.4 billion in 2025, then retreated by 9.61% to $1.3 billion in 2026.
- Business Quant data shows PLUG's Current Assets at $1.3 billion in Q1 2026, $1.4 billion in Q4 2025, and $1.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 89.16 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 7.98 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 3.95 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 1.79 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 2.80 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 1.59 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.01 Bn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 601.43 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 1.51 Bn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | 1.27 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.27 Bn |
| Dec 31, 2025 | 1.41 Bn |
| Sep 30, 2025 | 1.19 Bn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | 1.53 Bn |
| Dec 31, 2024 | 1.48 Bn |
| Sep 30, 2024 | 1.63 Bn |
| Jun 30, 2024 | 1.67 Bn |
| Mar 31, 2024 | 1.77 Bn |
| Dec 31, 2023 | 1.79 Bn |
| Sep 30, 2023 | 2.24 Bn |
| Jun 30, 2023 | 2.62 Bn |
| Mar 31, 2023 | 2.98 Bn |
| Dec 31, 2022 | 3.31 Bn |
| Sep 30, 2022 | 3.65 Bn |
| Jun 30, 2022 | 3.89 Bn |
| Mar 31, 2022 | 4.10 Bn |
| Dec 31, 2021 | 4.45 Bn |
| Sep 30, 2021 | 4.79 Bn |
| Jun 30, 2021 | 4.97 Bn |