Growth Metrics

Plug Power (PLUG) Current Deferred Revenue (2010 - 2026)

Plug Power (PLUG) reported Current Deferred Revenue of $68.5 million for Q1 2026, down 50.2% year-over-year from $137.6 million in Q1 2025, and up 2.65% on a QoQ basis from $66.7 million in Q4 2025.

Plug Power (PLUG) has 17 years of Current Deferred Revenue data on file, last reported at $68.5 million in Q1 2026.

  • Quarterly Current Deferred Revenue fell 50.2% year-over-year to $68.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $68.5 million (down 50.2% YoY) and the FY2025 annual result came in at $66.7 million, down 53.68% from the prior year.
  • Current Deferred Revenue advanced to $68.5 million in Q1 2026 per PLUG's latest filing, from $66.7 million in the prior quarter.
  • Across five years, Current Deferred Revenue topped out at $253.6 million in Q3 2023 and bottomed at $60.3 million in Q2 2022.
  • The 5-year median for Current Deferred Revenue is $137.6 million (2025), against an average of $148.1 million.
  • The widest annual swing landed in 2023, when Current Deferred Revenue soared 317.37%; it then slumped 53.68% in 2025.
  • Tracing PLUG's Current Deferred Revenue over 5 years: stood at $229.9 million in 2022, then decreased by 11.2% to $204.1 million in 2023, then declined by 29.41% to $144.1 million in 2024, then tumbled by 53.68% to $66.7 million in 2025, then gained by 2.65% to $68.5 million in 2026.
  • Per Business Quant, the three latest PLUG Current Deferred Revenue figures stand at $68.5 million (Q1 2026), $66.7 million (Q4 2025), and $88.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 68.51 Mn
Dec 31, 2025 66.74 Mn
Sep 30, 2025 88.17 Mn
Jun 30, 2025 107.06 Mn
Mar 31, 2025 137.57 Mn
Dec 31, 2024 144.09 Mn
Sep 30, 2024 132.35 Mn
Jun 30, 2024 174.83 Mn
Mar 31, 2024 179.90 Mn
Dec 31, 2023 204.14 Mn
Sep 30, 2023 253.60 Mn
Jun 30, 2023 251.74 Mn
Mar 31, 2023 137.36 Mn
Dec 31, 2022 229.90 Mn
Sep 30, 2022 189.15 Mn
Jun 30, 2022 60.32 Mn
Mar 31, 2022 92.68 Mn
Dec 31, 2021 116.38 Mn
Sep 30, 2021 115.60 Mn
Jun 30, 2021 93.67 Mn
Mar 31, 2021 72.90 Mn
Dec 31, 2020 76.29 Mn
Sep 30, 2020 17.23 Mn
Jun 30, 2020 14.90 Mn
Mar 31, 2020 11.56 Mn
Dec 31, 2019 40.74 Mn
Sep 30, 2019 11.48 Mn
Jun 30, 2019 11.73 Mn
Mar 31, 2019 11.74 Mn
Dec 31, 2018 40.48 Mn
Sep 30, 2018 11.00 Mn
Jun 30, 2018 10.41 Mn
Mar 31, 2018 40.48 Mn
Dec 31, 2017 8.63 Mn
Sep 30, 2017 8.26 Mn
Jun 30, 2017 5.05 Mn
Mar 31, 2017 46.78 Mn
Dec 31, 2016 5.74 Mn
Sep 30, 2016 4.23 Mn
Jun 30, 2016 4.11 Mn
Mar 31, 2016 3.95 Mn
Dec 31, 2015 4.47 Mn
Sep 30, 2015 3.81 Mn
Jun 30, 2015 3.49 Mn
Mar 31, 2015 2.70 Mn
Dec 31, 2014 3.32 Mn
Sep 30, 2014 10.70 Mn
Jun 30, 2014 12.80 Mn
Mar 31, 2014 3.61 Mn
Dec 31, 2013 1.71 Mn
Sep 30, 2013 453,000.00
Jun 30, 2013 2.79 Mn
Mar 31, 2013 2.78 Mn
Dec 31, 2012 4.36 Mn
Sep 30, 2012 4.18 Mn
Jun 30, 2012 4.04 Mn
Mar 31, 2012 6.98 Mn
Dec 31, 2011 2.51 Mn
Sep 30, 2011 3.89 Mn
Jun 30, 2011 3.75 Mn
Dec 31, 2010 4.35 Mn