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| 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 | 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 |