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
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