Plug Power (PLUG) Depreciation and Depletion (2010 - 2026)
Plug Power (PLUG) posted quarterly 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% quarter-over-quarter from $4.6 million in Q4 2025.
Plug Power (PLUG) Depreciation and Depletion (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Depreciation and Depletion for 10 consecutive years, with $6.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Depreciation and Depletion fell 47.98% year-over-year to $6.3 million; the TTM figure through Mar 2026 stood at $31.8 million (down 43.88% YoY), while the FY2025 annual figure was $37.6 million, down 38.46% from the prior year.
- Depreciation and Depletion grew 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 $18.0 million in Q2 2024 and bottomed at $2.8 million in Q1 2022.
- Historically, Depreciation and Depletion has averaged $11.0 million across 5 years, with a median of $10.2 million in 2022.
- Annual changes were most pronounced in 2023 — Depreciation and Depletion surged 244.44% — and 2025, when it slumped 52.32%.
- Plug Power's Depreciation and Depletion stood at $10.2 million in 2022, then soared by 38.97% to $14.2 million in 2023, then tumbled by 33.15% to $9.5 million in 2024, then slumped by 51.69% to $4.6 million in 2025, then soared by 37.88% to $6.3 million in 2026.
- Business Quant data shows PLUG's Depreciation and Depletion at $6.3 million in Q1 2026, $4.6 million in Q4 2025, and $8.1 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | - |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | - |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | - |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | - |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | - |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | - |
| 10 | Hayward Holdings | 3.17 Bn | 2.69 Bn | 155.05 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.56 Mn |
| Jun 30, 2026 | 6.56 Mn |
| 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 | 9.48 Mn |
| Dec 31, 2024 | 9.48 Mn |
| Sep 30, 2024 | 17.04 Mn |
| Sep 30, 2024 | 17.04 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Jun 30, 2024 | 18.00 Mn |
| Mar 31, 2024 | 16.61 Mn |
| Mar 31, 2024 | 16.61 Mn |