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

Plug Power's (PLUG) quarterly Current Deferred Revenue came in at $68.5 million in Q1 2026, down 50.2% year-on-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) Current Deferred Revenue (2010 - 2026) Analysis & Trends

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

  • On a quarterly basis, Current Deferred Revenue fell 50.2% year-over-year to $68.5 million in Q1 2026; TTM through Mar 2026 was $68.5 million, a 50.2% decrease from a year earlier, with the FY2025 full-year figure at $66.7 million, down 53.68% from the prior year.
  • Current Deferred Revenue for Q1 2026 stood at $68.5 million, up from $66.7 million in the prior quarter.
  • Over the last five years, Current Deferred Revenue for PLUG reached as high as $251.7 million in Q2 2023 and fell as low as $60.3 million in Q2 2022.
  • Historically, Current Deferred Revenue has averaged $143.6 million across 5 years, with a median of $137.6 million in 2025.
  • Across the five-year window, Current Deferred Revenue soared 446.86% in 2022 and slumped 53.68% in 2025, its largest moves.
  • Year by year, Current Deferred Revenue stood at $229.9 million in 2022, then retreated by 11.2% to $204.1 million in 2023, then dropped by 29.41% to $144.1 million in 2024, then slumped by 53.68% to $66.7 million in 2025, then rose by 2.65% to $68.5 million in 2026.
  • Per Business Quant data, the three most recent Current Deferred Revenue figures were $68.5 million in Q1 2026, $66.7 million in Q4 2025, and $88.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Plug Power 3.06 Bn 2.67 Bn -21.61 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 176.61 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 183.09 Mn
Sep 30, 2021 35.46 Mn
Jun 30, 2021 93.67 Mn