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% on a QoQ basis from $26.4 million in Q1 2025.
Plug Power (PLUG) has 11 years of Current Taxes data on file, last reported at $24.7 million in Q4 2025.
- Quarterly Current Taxes rose 2.05% year-over-year to $24.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $24.7 million (up 2.05% YoY) and the FY2025 annual result came in at $24.7 million, up 2.05% from the prior year.
- Current Taxes slipped 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.
- The 5-year median for Current Taxes is $17.5 million (2023), against an average of $17.5 million.
- The widest annual swing landed in 2021, when Current Taxes jumped 190.1%; it then gained 2.05% in 2025.
- Tracing PLUG's Current Taxes over 5 years: stood at $10.6 million in 2021, then soared by 42.14% to $15.1 million in 2022, then rose by 13.86% to $17.2 million in 2023, then soared by 40.54% to $24.2 million in 2024, then increased by 2.05% to $24.7 million in 2025.
- Per Business Quant, the three latest PLUG Current Taxes figures stand at $24.7 million (Q4 2025), $26.4 million (Q1 2025), and $24.2 million (Q4 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 73.50 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 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 | - |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 3.37 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | - |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | - |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | - |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 15.23 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 |