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% on a QoQ basis from $70.4 million in Q4 2025.
Plug Power (PLUG) has 12 years of Current Leases data on file, last reported at $63.2 million in Q1 2026.
- Quarterly Current Leases fell 16.29% year-over-year to $63.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $63.2 million (down 16.29% YoY) and the FY2025 annual result came in at $70.4 million, up 449.97% from the prior year.
- Current Leases declined to $63.2 million in Q1 2026 per PLUG's latest filing, from $70.4 million in the prior quarter.
- Across five years, Current Leases topped out at $75.5 million in Q1 2025 and bottomed at $5.7 million in Q1 2022.
- The 5-year median for Current Leases is $37.2 million (2022), against an average of $36.6 million.
- The widest annual swing landed in 2022, when Current Leases surged 935.63%; it then slumped 81.83% in 2024.
- Tracing PLUG's Current Leases over 5 years: stood at $48.9 million in 2022, then sank by 80.68% to $9.4 million in 2023, then surged by 35.6% to $12.8 million in 2024, then surged by 449.97% to $70.4 million in 2025, then dropped by 10.26% to $63.2 million in 2026.
- Per Business Quant, the three latest PLUG Current Leases figures stand at $63.2 million (Q1 2026), $70.4 million (Q4 2025), and $14.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | - |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 21.93 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | - |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 15.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 880,000.00 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 26.30 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 998,000.00 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 63.18 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 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 |
| Mar 31, 2021 | 18.78 Mn |
| Dec 31, 2020 | 14.31 Mn |
| Sep 30, 2020 | 374,000.00 |
| Jun 30, 2020 | 345,000.00 |
| Mar 31, 2020 | 204,000.00 |
| Dec 31, 2019 | 9.43 Mn |
| Sep 30, 2019 | 310,000.00 |
| Jun 30, 2019 | 266,000.00 |
| Mar 31, 2019 | 7.04 Mn |
| Jun 30, 2015 | 200,000.00 |
| Mar 31, 2015 | 396,061.00 |
| Dec 31, 2014 | 587,000.00 |
| Sep 30, 2014 | 773,045.00 |
| Jun 30, 2014 | 754,197.00 |
| Dec 31, 2013 | 717,870.00 |
| Sep 30, 2013 | 700,367.00 |
| Jun 30, 2013 | 683,292.00 |
| Mar 31, 2013 | 666,633.00 |
| Dec 31, 2012 | 1.30 Mn |