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| 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 |