Plug Power PLUG
NASDAQ PLUG
$2.11 -0.07 (-3.00%)
As of: Sep 10, 2026 · 10:17 AM EDT

Plug Power (PLUG) EBIT Margin (2010 - 2026)

Plug Power's (PLUG) quarterly EBIT Margin came in at 35.96% in Q2 2026, up 6576.0% year-over-year from 0.54% in Q2 2025, and up 46.3% quarter-over-quarter from 66.96% in Q1 2026.

Analysis

Plug Power (PLUG) EBIT Margin (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has reported EBIT Margin for 17 consecutive years, with 35.96% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, EBIT Margin rose 6576.0% year-over-year to 35.96% in Q2 2026; TTM through Jun 2026 was 172.77%, a 10532.0% increase from a year earlier, with the FY2025 full-year figure at 206.7%, up 11452.0% from the prior year.
  • EBIT Margin was 35.96% for Q2 2026 at Plug Power, up from 66.96% in the prior quarter.
  • Over five years, EBIT Margin peaked at 35.96% in Q2 2026 and troughed at 678.75% in Q4 2024.
  • A 5-year average of 169.96% and a median of 115.16% in 2022 frame the typical range for EBIT Margin.
  • Across the five-year window, EBIT Margin slumped 39701 bps in 2024 and soared 33988 bps in 2025, its largest moves.
  • Over 5 years, EBIT Margin stood at 105.89% in 2022, then slumped by 166 bps to 281.74% in 2023, then plunged by 141 bps to 678.75% in 2024, then surged by 50 bps to 338.87% in 2025, then soared by 89 bps to 35.96% in 2026.
  • The last three EBIT Margin figures came in at 35.96% (Q2 2026), 66.96% (Q1 2026), and 338.87% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Plug Power 2.93 Bn 2.62 Bn -1.68 Mn -35.96%
2 NewHydrogen 12.64 Mn 12.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -35.96%
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%