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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.

  • Quarterly Depreciation Expense fell 46.6% to $5.5 million in Q4 2024 from the year-ago period, while the trailing twelve-month figure was $42.8 million through Dec 2024, up 28.53% year-over-year, with the annual reading at $25.4 million for FY2025, 40.65% down from the prior year.
  • Depreciation Expense for Q4 2024 was $5.5 million at Plug Power, down from $12.6 million in the prior quarter.
  • The five-year high for Depreciation Expense was $13.1 million in Q2 2024, with the low at $900000.0 in Q1 2020.
  • Average Depreciation Expense over 5 years is $5.3 million, with a median of $5.4 million recorded in 2022.
  • The sharpest move saw Depreciation Expense surged 243.75% in 2022, then plummeted 46.6% in 2024.
  • Over 5 years, Depreciation Expense stood at $1.6 million in 2020, then rose by 6.25% to $1.7 million in 2021, then surged by 223.53% to $5.5 million in 2022, then soared by 87.27% to $10.3 million in 2023, then tumbled by 46.6% to $5.5 million in 2024.
  • According to Business Quant data, Depreciation Expense over the past three periods came in at $5.5 million, $12.6 million, and $13.1 million for Q4 2024, Q3 2024, and Q2 2024 respectively.