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
DateValue
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