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| Date | Value |
|---|---|
| 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 |