Plug Power (PLUG) Current Taxes (2015 - 2025)

Plug Power (PLUG) reported Current Taxes of $24.7 million for Q4 2025, up 2.05% year-over-year from $24.2 million in Q4 2024, and down 6.45% quarter-over-quarter from $26.4 million in Q1 2025.

Plug Power (PLUG) Current Taxes (2015 - 2025) Analysis & Trends

Plug Power (PLUG) has 11 years of Current Taxes data on file, last reported at $24.7 million in Q4 2025.

  • Current Taxes for Q4 2025 came in at $24.7 million, up 2.05% year-over-year; the trailing twelve-month figure through Dec 2025 was $24.7 million (up 2.05% YoY), and the FY2025 annual result was $24.7 million, up 2.05% from the prior year.
  • Current Taxes retreated to $24.7 million in Q4 2025 per PLUG's latest filing, from $26.4 million in the prior quarter.
  • Over five years, Current Taxes peaked at $26.4 million in Q1 2025 and troughed at $9.7 million in Q1 2023.
  • A 5-year average of $17.5 million and a median of $17.5 million in 2023 frame the typical range for Current Taxes.
  • The sharpest annual moves came in 2021 and 2025: Current Taxes soared 190.1% in 2021, then climbed 2.05% in 2025.
  • A 5-year view of Current Taxes shows it stood at $10.6 million in 2021, then surged by 42.14% to $15.1 million in 2022, then advanced by 13.86% to $17.2 million in 2023, then surged by 40.54% to $24.2 million in 2024, then gained by 2.05% to $24.7 million in 2025.
  • Business Quant data shows PLUG's Current Taxes at $24.7 million in Q4 2025, $26.4 million in Q1 2025, and $24.2 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 218,833.00
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 73.50 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 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 -
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 3.37 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 24.68 Mn
Mar 31, 2025 26.38 Mn
Dec 31, 2024 24.18 Mn
Sep 30, 2024 22.30 Mn
Jun 30, 2024 19.80 Mn
Mar 31, 2024 17.74 Mn
Dec 31, 2023 17.21 Mn
Sep 30, 2023 11.03 Mn
Jun 30, 2023 11.74 Mn
Mar 31, 2023 9.72 Mn
Dec 31, 2022 15.11 Mn
Dec 31, 2021 10.63 Mn
Dec 31, 2020 3.67 Mn
Dec 31, 2019 905,000.00
Dec 31, 2018 1.48 Mn
Dec 31, 2017 1.28 Mn
Dec 31, 2016 2.51 Mn
Dec 31, 2015 1.49 Mn