Plug Power (PLUG) Current Assets (2010 - 2026)
Plug Power (PLUG) posted quarterly 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 reported Current Assets for 17 consecutive years, with $1.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Current Assets fell 16.89% year-over-year to $1.3 billion; the TTM figure through Mar 2026 stood at $1.3 billion (down 16.89% YoY), while the FY2025 annual figure was $1.4 billion, down 4.55% from the prior year.
- Current Assets slipped to $1.3 billion in Q1 2026 per PLUG's latest filing, from $1.4 billion in the prior quarter.
- Across five years, Current Assets topped out at $4.1 billion in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2023 — Current Assets tumbled 45.94% — and 2025, when it dropped 4.55%.
- Plug Power's Current Assets stood at $3.3 billion in 2022, then sank by 45.94% to $1.8 billion in 2023, then declined by 17.32% to $1.5 billion in 2024, then decreased by 4.55% to $1.4 billion in 2025, then decreased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 9.98 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 4.59 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 2.00 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 3.01 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 2.41 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.62 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 1.23 Bn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 2.13 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 932.79 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 1.15 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.15 Bn |
| 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 |