Plug Power (PLUG) Current Leases (2012 - 2026)
Plug Power (PLUG) reported Current Leases of $63.2 million for Q1 2026, down 16.29% year-over-year from $75.5 million in Q1 2025, and down 10.26% quarter-over-quarter 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 $63.2 million in Q1 2026.
- Current Leases for Q1 2026 came in at $63.2 million, down 16.29% year-over-year; the trailing twelve-month figure through Mar 2026 was $63.2 million (down 16.29% YoY), and the FY2025 annual result was $70.4 million, up 449.97% from the prior year.
- Current Leases eased to $63.2 million in Q1 2026 per PLUG's latest filing, from $70.4 million in the prior quarter.
- Over five years, Current Leases peaked at $75.5 million in Q1 2025 and troughed at $5.7 million in Q1 2022.
- A 5-year average of $36.6 million and a median of $37.2 million in 2022 frame the typical range for Current Leases.
- The sharpest annual moves came in 2022 and 2024: Current Leases jumped 935.63% in 2022, then plunged 81.83% in 2024.
- A 5-year view of Current Leases shows it stood at $48.9 million in 2022, then tumbled by 80.68% to $9.4 million in 2023, then jumped by 35.6% to $12.8 million in 2024, then jumped by 449.97% to $70.4 million in 2025, then fell by 10.26% to $63.2 million in 2026.
- Business Quant data shows PLUG's Current Leases at $63.2 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 | Novonix | 479.97 Bn | 479.92 Bn | - | 577,803.00 |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 21.93 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 | 15.70 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 880,000.00 |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 3.41 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 26.30 Mn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | 63.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 63.18 Mn |
| Dec 31, 2025 | 70.41 Mn |
| Sep 30, 2025 | 14.68 Mn |
| Jun 30, 2025 | 14.15 Mn |
| Mar 31, 2025 | 75.48 Mn |
| Dec 31, 2024 | 12.80 Mn |
| Sep 30, 2024 | 66.97 Mn |
| Jun 30, 2024 | 66.41 Mn |
| Mar 31, 2024 | 9.60 Mn |
| Dec 31, 2023 | 9.44 Mn |
| Sep 30, 2023 | 9.09 Mn |
| Jun 30, 2023 | 57.95 Mn |
| Mar 31, 2023 | 52.86 Mn |
| Dec 31, 2022 | 48.86 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 | 2.76 Mn |
| Jun 30, 2021 | 19.92 Mn |