Growth Metrics

Plug Power (PLUG) EBIAT (2016 - 2025)

Plug Power (PLUG) has disclosed EBIAT for 16 consecutive years, with -$904.6 million as the latest value for Q4 2025.

  • On a quarterly basis, EBIAT rose 32.26% to -$904.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$1.7 billion, a 19.53% increase, with the full-year FY2025 number at -$1.7 billion, up 19.53% from a year prior.
  • EBIAT was -$904.6 million for Q4 2025 at Plug Power, down from -$363.5 million in the prior quarter.
  • In the past five years, EBIAT ranged from a high of -$60.7 million in Q1 2021 to a low of -$1.3 billion in Q4 2024.
  • A 5-year average of -$317.6 million and a median of -$217.3 million in 2022 define the central range for EBIAT.
  • Biggest YoY gain for EBIAT was 60.15% in 2021; the steepest drop was 959.82% in 2021.
  • Plug Power's EBIAT stood at -$192.9 million in 2021, then dropped by 15.84% to -$223.5 million in 2022, then plummeted by 187.47% to -$642.4 million in 2023, then crashed by 107.88% to -$1.3 billion in 2024, then soared by 32.26% to -$904.6 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's EBIAT are -$904.6 million (Q4 2025), -$363.5 million (Q3 2025), and -$228.7 million (Q2 2025).