Plug Power (PLUG) Current Assets (2010 - 2026)
Plug Power's (PLUG) quarterly Current Assets came in at $1.3 billion in Q1 2026, down 16.89% year-on-year from $1.5 billion in Q1 2025, and down 9.61% on a QoQ basis 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.
- On a quarterly basis, Current Assets fell 16.89% year-over-year to $1.3 billion in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 16.89% decrease from a year earlier, with the FY2025 full-year figure at $1.4 billion, down 4.55% from the prior year.
- Current Assets for Q1 2026 stood at $1.3 billion, down from $1.4 billion in the prior quarter.
- Over the last five years, Current Assets for PLUG reached as high as $4.1 billion in Q1 2022 and fell as low as $1.2 billion in Q3 2025.
- Historically, Current Assets has averaged $2.2 billion across 5 years, with a median of $1.8 billion in 2024.
- Across the five-year window, Current Assets sank 45.94% in 2023 and decreased 4.55% in 2025, its largest moves.
- Year by year, Current Assets stood at $3.3 billion in 2022, then sank by 45.94% to $1.8 billion in 2023, then retreated by 17.32% to $1.5 billion in 2024, then dropped by 4.55% to $1.4 billion in 2025, then dropped by 9.61% to $1.3 billion in 2026.
- Per Business Quant data, the three most recent Current Assets figures were $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 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 66.52 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 7.98 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 3.95 Bn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 2.80 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 1.79 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 1.59 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 1.62 Bn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 1.01 Bn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 2.14 Bn |
| 10 | Plug Power | 3.06 Bn | 2.67 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 |