Plug Power (PLUG) Depreciation and Depletion (2010 - 2026)
Plug Power's Depreciation and Depletion was $6.56 million in Q2 2026, down 48.7% from $12.78 million a year earlier but up 3.9% from the prior quarter.
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Analysis
Plug Power (PLUG) Depreciation and Depletion (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Plug Power's Depreciation and Depletion was $25.57 million through Jun 30, 2026, down 45.6% year-over-year; for FY2025, it was $37.61 million, down 38.5% from FY2024.
- Depreciation and Depletion shows a five-year compound annual growth rate of 21.1% (FY2020 to FY2025).
- In earlier years, Depreciation and Depletion was $61.12 million in FY2024 (+17.6%), $51.99 million in FY2023 (+71.0%), $30.4 million in FY2022 (+45.5%) and $20.9 million in FY2021 (+44.8%).
- Quarterly Depreciation and Depletion has moved between $1.9 million (Q3 2021) and $16.61 million (Q1 2024) over five years.
- Compared with a year earlier, Depreciation and Depletion has declined for seven straight quarters, with an average decline of 27.9% over the last eight quarters.
- The best year-over-year quarter for Depreciation and Depletion over five years was Q1 2023 (growth of 244.4%); the worst was Q4 2025 (a decline of 51.7%).
- Per Business Quant data, PLUG's Depreciation and Depletion in the three quarters before Q2 2026 was $6.31 million (Q1 2026), $4.58 million (Q4 2025) and $8.12 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn | 6.56 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn | 474,000.00 |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn | - |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - | 7.51 Mn |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | - |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | 3.40 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | - |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn | 2.50 Mn |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - | 4,000.00 |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | 28,974.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.56 Mn |
| Mar 31, 2026 | 6.31 Mn |
| Dec 31, 2025 | 4.58 Mn |
| Sep 30, 2025 | 8.12 Mn |
| Jun 30, 2025 | 12.78 Mn |
| Mar 31, 2025 | 12.13 Mn |
| Dec 31, 2024 | 9.48 Mn |
| Sep 30, 2024 | 12.60 Mn |
| Jun 30, 2024 | 13.10 Mn |
| Mar 31, 2024 | 16.61 Mn |
| Dec 31, 2023 | 14.18 Mn |
| Sep 30, 2023 | 10.20 Mn |
| Jun 30, 2023 | 7.30 Mn |
| Mar 31, 2023 | 9.79 Mn |
| Dec 31, 2022 | 10.20 Mn |
| Sep 30, 2022 | 5.40 Mn |
| Jun 30, 2022 | 5.50 Mn |
| Mar 31, 2022 | 2.84 Mn |
| Dec 31, 2021 | 5.00 Mn |
| Sep 30, 2021 | 1.90 Mn |
API Access
Plug Power Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();