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% quarter-over-quarter from $4.6 million in Q4 2025.
Plug Power (PLUG) Depreciation and Depletion (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 12 years of Depreciation and Depletion data on file, last reported at $6.3 million in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $6.3 million, down 47.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $31.8 million (up 9.63% YoY), and the FY2025 annual result was $37.6 million, down 12.13% from the prior year.
- Depreciation and Depletion climbed to $6.3 million in Q1 2026 per PLUG's latest filing, from $4.6 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $16.6 million in Q1 2024 and troughed at -$8.8 million in Q4 2024.
- A 5-year average of $7.3 million and a median of $8.1 million in 2025 frame the typical range for Depreciation and Depletion.
- On a YoY basis, Depreciation and Depletion climbed as much as 276.5% in 2023 and fell as far as 144.21% in 2023.
- A 5-year view of Depreciation and Depletion shows it stood at $10.2 million in 2022, then tumbled by 144.21% to -$4.5 million in 2023, then tumbled by 95.99% to -$8.8 million in 2024, then jumped by 151.79% to $4.6 million in 2025, then surged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 27.50 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 13.28 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 16.80 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 | 6.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |