Plug Power (PLUG) EBIT Margin (2010 - 2026)
Plug Power (PLUG) reported EBIT Margin of 66.96% for Q1 2026, up 6654.0% year-over-year from 0.99% in Q1 2025, and up 80.24% on a QoQ basis from 338.87% in Q4 2025.
Plug Power (PLUG) has 17 years of EBIT Margin data on file, last reported at 66.96% in Q1 2026.
- Quarterly EBIT Margin rose 6654.0% year-over-year to 66.96% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 189.04% (up 11287.0% YoY) and the FY2025 annual result came in at 206.7%, up 11452.0% from the prior year.
- EBIT Margin advanced to 66.96% in Q1 2026 per PLUG's latest filing, from 338.87% in the prior quarter.
- Across five years, EBIT Margin topped out at 66.96% in Q1 2026 and bottomed at 678.75% in Q4 2024.
- The 5-year median for EBIT Margin is 124.43% (2024), against an average of 177.85%.
- The widest annual swing landed in 2024, when EBIT Margin tumbled 39701 bps; it then surged 33988 bps in 2025.
- Tracing PLUG's EBIT Margin over 5 years: stood at 105.89% in 2022, then tumbled by 166 bps to 281.74% in 2023, then sank by 141 bps to 678.75% in 2024, then jumped by 50 bps to 338.87% in 2025, then jumped by 80 bps to 66.96% in 2026.
- Per Business Quant, the three latest PLUG EBIT Margin figures stand at 66.96% (Q1 2026), 338.87% (Q4 2025), and 196.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 16.61% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 9.61% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 15.76% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 17.39% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 13.37% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 19.41% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 12.60% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 12.52% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -66.96% |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 16.65% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -66.96% |
| Dec 31, 2025 | -338.87% |
| Sep 30, 2025 | -196.99% |
| Jun 30, 2025 | -101.71% |
| Mar 31, 2025 | -133.50% |
| Dec 31, 2024 | -678.75% |
| Sep 30, 2024 | -124.43% |
| Jun 30, 2024 | -170.68% |
| Mar 31, 2024 | -215.70% |
| Dec 31, 2023 | -281.74% |
| Sep 30, 2023 | -137.87% |
| Jun 30, 2023 | -89.88% |
| Mar 31, 2023 | -99.77% |
| Dec 31, 2022 | -105.89% |
| Sep 30, 2022 | -84.69% |
| Jun 30, 2022 | -97.12% |
| Mar 31, 2022 | -98.83% |
| Dec 31, 2021 | -123.99% |
| Sep 30, 2021 | -68.55% |
| Jun 30, 2021 | -71.96% |
| Mar 31, 2021 | -67.10% |
| Dec 31, 2020 | -154.57% |
| Sep 30, 2020 | -50.73% |
| Jun 30, 2020 | -39.02% |
| Mar 31, 2020 | -62.68% |
| Dec 31, 2019 | -7.76% |
| Sep 30, 2019 | -15.92% |
| Jun 30, 2019 | -19.28% |
| Mar 31, 2019 | -92.83% |
| Dec 31, 2018 | -21.60% |
| Sep 30, 2018 | -23.78% |
| Jun 30, 2018 | -65.22% |
| Mar 31, 2018 | -79.27% |
| Dec 31, 2017 | -56.98% |
| Sep 30, 2017 | -105.17% |
| Jun 30, 2017 | -140.31% |
| Mar 31, 2017 | -135.72% |
| Dec 31, 2016 | -59.71% |
| Sep 30, 2016 | -75.49% |
| Jun 30, 2016 | -65.38% |
| Mar 31, 2016 | -248.18% |
| Dec 31, 2015 | -81.84% |
| Sep 30, 2015 | -792.76% |
| Jun 30, 2015 | -915.97% |
| Mar 31, 2015 | -1,306.14% |
| Dec 31, 2014 | -1,465.19% |
| Sep 30, 2014 | -1,673.87% |
| Jun 30, 2014 | -48.83% |
| Mar 31, 2014 | -233.33% |
| Dec 31, 2013 | -2,984.88% |
| Sep 30, 2013 | -1,731.73% |
| Jun 30, 2013 | -1,797.86% |
| Mar 31, 2013 | -136.53% |
| Dec 31, 2012 | -4,222,962.83% |
| Sep 30, 2012 | -2,345.56% |
| Jun 30, 2012 | -104.61% |
| Mar 31, 2012 | -100.79% |
| Dec 31, 2011 | -56,766.67% |
| Sep 30, 2011 | -884,055.43% |
| Jun 30, 2011 | -552,503.84% |
| Mar 31, 2011 | -928,865.22% |
| Dec 31, 2010 | -1,346.81% |
| Sep 30, 2010 | -163.40% |
| Jun 30, 2010 | -2,391.65% |