Plug Power (PLUG) Current Leases (2012 - 2026)

Plug Power's (PLUG) quarterly Current Leases came in at $10.1 million in Q1 2026, down 28.35% year-on-year from $14.1 million in Q1 2025, and down 85.66% on a QoQ basis from $70.4 million in Q4 2025.

Plug Power (PLUG) Current Leases (2012 - 2026) Analysis & Trends

Plug Power (PLUG) has 12 years of Current Leases data on file, last reported at $10.1 million in Q1 2026.

  • On a quarterly basis, Current Leases fell 28.35% year-over-year to $10.1 million in Q1 2026; TTM through Mar 2026 was $10.1 million, a 28.35% decrease from a year earlier, with the FY2025 full-year figure at $70.4 million, up 449.97% from the prior year.
  • Current Leases for Q1 2026 stood at $10.1 million, down from $70.4 million in the prior quarter.
  • Over the last five years, Current Leases for PLUG reached as high as $70.4 million in Q4 2025 and fell as low as $5.7 million in Q1 2022.
  • Historically, Current Leases has averaged $31.6 million across 5 years, with a median of $14.1 million in 2025.
  • Across the five-year window, Current Leases soared 760.73% in 2023 and tumbled 79.9% in 2024, its largest moves.
  • Year by year, Current Leases stood at $8.1 million in 2022, then surged by 681.58% to $63.7 million in 2023, then tumbled by 79.9% to $12.8 million in 2024, then jumped by 449.97% to $70.4 million in 2025, then sank by 85.66% to $10.1 million in 2026.
  • Per Business Quant data, the three most recent Current Leases figures were $10.1 million in Q1 2026, $70.4 million in Q4 2025, and $14.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (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 21.93 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 15.70 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 27.00 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 880,000.00
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 998,000.00
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn 10.10 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.10 Mn
Dec 31, 2025 70.41 Mn
Sep 30, 2025 14.68 Mn
Jun 30, 2025 14.15 Mn
Mar 31, 2025 14.09 Mn
Dec 31, 2024 12.80 Mn
Sep 30, 2024 66.97 Mn
Jun 30, 2024 66.41 Mn
Mar 31, 2024 65.25 Mn
Dec 31, 2023 63.69 Mn
Sep 30, 2023 62.11 Mn
Jun 30, 2023 8.90 Mn
Mar 31, 2023 8.62 Mn
Dec 31, 2022 8.15 Mn
Sep 30, 2022 7.22 Mn
Jun 30, 2022 37.21 Mn
Mar 31, 2022 5.65 Mn
Dec 31, 2021 4.72 Mn
Sep 30, 2021 23.28 Mn
Jun 30, 2021 19.92 Mn