Plug Power (PLUG) Depreciation & Amortization - Total (2020 - 2024)

Plug Power (PLUG) reported Depreciation & Amortization - Total of $5.5 million for Q4 2024, down 46.6% year-over-year from $10.3 million in Q1 2024, and down 56.35% quarter-over-quarter from $12.6 million in Q3 2024.

Plug Power (PLUG) Depreciation & Amortization - Total (2020 - 2024) Analysis & Trends

Plug Power (PLUG) has 5 years of Depreciation & Amortization - Total data on file, last reported at $5.5 million in Q4 2024.

  • Depreciation & Amortization - Total for Q4 2024 came in at $5.5 million, down 46.6% year-over-year; the trailing twelve-month figure through Sep 2025 was $5.5 million (down 88.45% YoY), and the FY2025 annual result was $25.4 million, down 40.65% from the prior year.
  • Depreciation & Amortization - Total fell to $5.5 million in Q4 2024 per PLUG's latest filing, from $12.6 million in the prior quarter.
  • Over five years, Depreciation & Amortization - Total peaked at $13.1 million in Q2 2024 and troughed at $900000.0 in Q1 2020.
  • A 5-year average of $5.3 million and a median of $5.4 million in 2022 frame the typical range for Depreciation & Amortization - Total.
  • The sharpest annual moves came in 2022 and 2024: Depreciation & Amortization - Total jumped 243.75% in 2022, then sank 46.6% in 2024.
  • A 5-year view of Depreciation & Amortization - Total shows it stood at $1.6 million in 2020, then gained by 6.25% to $1.7 million in 2021, then soared by 223.53% to $5.5 million in 2022, then jumped by 87.27% to $10.3 million in 2023, then slumped by 46.6% to $5.5 million in 2024.
  • Business Quant data shows PLUG's Depreciation & Amortization - Total at $5.5 million in Q4 2024, $12.6 million in Q3 2024, and $13.1 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Dep. & Amort. (Tot) (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 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 -
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, 2024 5.50 Mn
Sep 30, 2024 12.60 Mn
Jun 30, 2024 13.10 Mn
Mar 31, 2024 11.60 Mn
Dec 31, 2023 10.30 Mn
Sep 30, 2023 10.20 Mn
Jun 30, 2023 7.30 Mn
Mar 31, 2023 5.50 Mn
Dec 31, 2022 5.50 Mn
Sep 30, 2022 5.40 Mn
Jun 30, 2022 5.50 Mn
Mar 31, 2022 2.60 Mn
Dec 31, 2021 1.70 Mn
Sep 30, 2021 1.90 Mn
Jun 30, 2021 1.60 Mn
Mar 31, 2021 1.60 Mn
Dec 31, 2020 1.60 Mn
Sep 30, 2020 1.40 Mn
Jun 30, 2020 900,000.00
Mar 31, 2020 900,000.00