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

Plug Power's (PLUG) quarterly Current Taxes came in at $24.7 million in Q4 2025, up 2.05% year-on-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) 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.

  • On a quarterly basis, Current Taxes rose 2.05% year-over-year to $24.7 million in Q4 2025; TTM through Dec 2025 was $24.7 million, a 2.05% increase from a year earlier, with the FY2025 full-year figure at $24.7 million, up 2.05% from the prior year.
  • Current Taxes for Q4 2025 stood at $24.7 million, down from $26.4 million in the prior quarter.
  • Over the last five years, Current Taxes for PLUG reached as high as $26.4 million in Q1 2025 and fell as low as $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.
  • Across the five-year window, Current Taxes jumped 190.1% in 2021 and gained 2.05% in 2025, its largest moves.
  • Year by year, Current Taxes stood at $10.6 million in 2021, then surged by 42.14% to $15.1 million in 2022, then increased by 13.86% to $17.2 million in 2023, then surged by 40.54% to $24.2 million in 2024, then grew by 2.05% to $24.7 million in 2025.
  • Per Business Quant data, the three most recent Current Taxes figures were $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 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 73.50 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn -
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn -
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn -
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn -
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 3.37 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn -
10 Plug Power 3.06 Bn 2.67 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