Plug Power (PLUG) Current Taxes (2015 - 2025)
Plug Power (PLUG) posted quarterly 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 reported Current Taxes for 11 consecutive years, with $24.7 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Current Taxes rose 2.05% year-over-year to $24.7 million; the TTM figure through Dec 2025 stood at $24.7 million (up 2.05% YoY), while the FY2025 annual figure was $24.7 million, up 2.05% from the prior year.
- Current Taxes declined to $24.7 million in Q4 2025 per PLUG's latest filing, from $26.4 million in the prior quarter.
- Across five years, Current Taxes topped out at $26.4 million in Q1 2025 and bottomed at $9.7 million in Q1 2023.
- Historically, Current Taxes has averaged $17.5 million across 5 years, with a median of $17.5 million in 2023.
- Annual changes were most pronounced in 2021 — Current Taxes soared 190.1% — and 2025, when it climbed 2.05%.
- Plug Power's Current Taxes stood at $10.6 million in 2021, then soared by 42.14% to $15.1 million in 2022, then climbed by 13.86% to $17.2 million in 2023, then soared by 40.54% to $24.2 million in 2024, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 74.80 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | - |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | - |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | - |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 2.42 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | - |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 6.59 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 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 |