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Plug Power (PLUG) Depreciation Expense (2020 - 2024)

Plug Power (PLUG) has disclosed Depreciation Expense for 5 consecutive years, with $5.5 million as the latest value for Q4 2024.

  • On a quarterly basis, Depreciation Expense fell 46.6% to $5.5 million in Q4 2024 year-over-year; TTM through Dec 2024 was $42.8 million, a 28.53% increase, with the full-year FY2025 number at $25.4 million, down 40.65% from a year prior.
  • Depreciation Expense was $5.5 million for Q4 2024 at Plug Power, down from $12.6 million in the prior quarter.
  • In the past five years, Depreciation Expense ranged from a high of $13.1 million in Q2 2024 to a low of $900000.0 in Q1 2020.
  • A 5-year average of $5.3 million and a median of $5.4 million in 2022 define the central range for Depreciation Expense.
  • Peak YoY movement for Depreciation Expense: skyrocketed 243.75% in 2022, then crashed 46.6% in 2024.
  • Plug Power's Depreciation Expense stood at $1.6 million in 2020, then increased by 6.25% to $1.7 million in 2021, then skyrocketed by 223.53% to $5.5 million in 2022, then surged by 87.27% to $10.3 million in 2023, then plummeted by 46.6% to $5.5 million in 2024.
  • Per Business Quant, the three most recent readings for PLUG's Depreciation Expense are $5.5 million (Q4 2024), $12.6 million (Q3 2024), and $13.1 million (Q2 2024).