Growth Metrics

Plug Power (PLUG) Depreciation and Depletion (2010 - 2026)

Plug Power (PLUG) reported Depreciation and Depletion of $6.3 million for Q1 2026, down 47.98% year-over-year from $12.1 million in Q1 2025, and up 37.88% on a QoQ basis from $4.6 million in Q4 2025.

Plug Power (PLUG) has 12 years of Depreciation and Depletion data on file, last reported at $6.3 million in Q1 2026.

  • Quarterly Depreciation and Depletion fell 47.98% year-over-year to $6.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $31.8 million (up 9.63% YoY) and the FY2025 annual result came in at $37.6 million, down 12.13% from the prior year.
  • Depreciation and Depletion improved to $6.3 million in Q1 2026 per PLUG's latest filing, from $4.6 million in the prior quarter.
  • Across five years, Depreciation and Depletion topped out at $16.6 million in Q1 2024 and bottomed at -$8.8 million in Q4 2024.
  • The 5-year median for Depreciation and Depletion is $8.1 million (2025), against an average of $7.3 million.
  • Peak annual rise in Depreciation and Depletion reached 276.5% in 2023, while the deepest fall reached 144.21% in 2023.
  • Tracing PLUG's Depreciation and Depletion over 5 years: stood at $10.2 million in 2022, then sank by 144.21% to -$4.5 million in 2023, then sank by 95.99% to -$8.8 million in 2024, then surged by 151.79% to $4.6 million in 2025, then soared by 37.88% to $6.3 million in 2026.
  • Per Business Quant, the three latest PLUG Depreciation and Depletion figures stand at $6.3 million (Q1 2026), $4.6 million (Q4 2025), and $8.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 27.50 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 13.28 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 16.80 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 -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 20.62 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 6.31 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn 5.95 Mn

Historic Data

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DateValue
Mar 31, 2026 6.31 Mn
Mar 31, 2026 6.31 Mn
Dec 31, 2025 4.58 Mn
Dec 31, 2025 4.58 Mn
Sep 30, 2025 8.12 Mn
Sep 30, 2025 8.12 Mn
Jun 30, 2025 12.78 Mn
Jun 30, 2025 12.78 Mn
Mar 31, 2025 12.13 Mn
Mar 31, 2025 12.13 Mn
Dec 31, 2024 -8.84 Mn
Dec 31, 2024 -8.84 Mn
Sep 30, 2024 12.60 Mn
Sep 30, 2024 12.60 Mn
Jun 30, 2024 13.10 Mn
Jun 30, 2024 13.10 Mn
Mar 31, 2024 16.61 Mn
Mar 31, 2024 16.61 Mn
Dec 31, 2023 -4.51 Mn
Dec 31, 2023 -4.51 Mn
Sep 30, 2023 10.20 Mn
Sep 30, 2023 10.20 Mn
Jun 30, 2023 7.30 Mn
Jun 30, 2023 7.30 Mn
Mar 31, 2023 9.79 Mn
Mar 31, 2023 9.79 Mn
Dec 31, 2022 10.20 Mn
Dec 31, 2022 10.20 Mn
Sep 30, 2022 5.40 Mn
Sep 30, 2022 5.40 Mn
Jun 30, 2022 5.50 Mn
Jun 30, 2022 5.50 Mn
Mar 31, 2022 2.60 Mn
Mar 31, 2022 2.60 Mn
Dec 31, 2021 -9.00 Mn
Dec 31, 2021 -9.00 Mn
Sep 30, 2021 1.90 Mn
Sep 30, 2021 1.90 Mn
Jun 30, 2021 1.60 Mn
Jun 30, 2021 1.60 Mn
Mar 31, 2021 5.51 Mn
Mar 31, 2021 5.51 Mn
Dec 31, 2020 4.57 Mn
Dec 31, 2020 4.57 Mn
Sep 30, 2020 1.40 Mn
Sep 30, 2020 1.40 Mn
Jun 30, 2020 900,000.00
Jun 30, 2020 900,000.00
Mar 31, 2020 2.99 Mn
Mar 31, 2020 2.99 Mn
Dec 31, 2019 -5.26 Mn
Dec 31, 2019 -5.26 Mn
Sep 30, 2019 3.43 Mn
Sep 30, 2019 3.43 Mn
Jun 30, 2019 2.69 Mn
Jun 30, 2019 2.69 Mn
Mar 31, 2019 2.75 Mn
Mar 31, 2019 2.75 Mn
Dec 31, 2018 3.24 Mn
Dec 31, 2018 3.24 Mn
Sep 30, 2018 2.80 Mn
Sep 30, 2018 2.80 Mn
Jun 30, 2018 3.60 Mn
Jun 30, 2018 3.60 Mn
Mar 31, 2018 2.20 Mn
Mar 31, 2018 2.20 Mn
Dec 31, 2017 2.10 Mn
Dec 31, 2017 2.10 Mn
Sep 30, 2017 1.90 Mn
Sep 30, 2017 1.90 Mn
Jun 30, 2017 1.70 Mn
Jun 30, 2017 1.70 Mn
Mar 31, 2017 1.50 Mn
Mar 31, 2017 1.50 Mn
Dec 31, 2016 3.05 Mn
Dec 31, 2016 3.05 Mn
Sep 30, 2016 900,000.00
Sep 30, 2016 900,000.00
Jun 30, 2016 500,000.00
Jun 30, 2016 500,000.00
Mar 31, 2016 200,000.00
Mar 31, 2016 200,000.00
Dec 31, 2010 2.10 Mn
Dec 31, 2010 2.10 Mn