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| Date | Value |
|---|---|
| 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 |