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