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% quarter-over-quarter 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.

  • Current Deferred Revenue for Q1 2026 came in at $68.5 million, down 50.2% year-over-year; the trailing twelve-month figure through Mar 2026 was $68.5 million (down 50.2% YoY), and the FY2025 annual result was $66.7 million, down 53.68% from the prior year.
  • Current Deferred Revenue grew to $68.5 million in Q1 2026 per PLUG's latest filing, from $66.7 million in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $253.6 million in Q3 2023 and troughed at $60.3 million in Q2 2022.
  • A 5-year average of $148.1 million and a median of $137.6 million in 2025 frame the typical range for Current Deferred Revenue.
  • The sharpest annual moves came in 2023 and 2025: Current Deferred Revenue surged 317.37% in 2023, then plunged 53.68% in 2025.
  • A 5-year view of Current Deferred Revenue shows it stood at $229.9 million in 2022, then dropped by 11.2% to $204.1 million in 2023, then retreated by 29.41% to $144.1 million in 2024, then sank by 53.68% to $66.7 million in 2025, then climbed by 2.65% to $68.5 million in 2026.
  • Business Quant data shows PLUG's Current Deferred Revenue at $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 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Plug Power 3.75 Bn 3.37 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 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