Plug Power (PLUG) EBITDA (2010 - 2026)
Plug Power's EBITDA came in at -$56.65 million for Q2 2026, compared with -$162.17 million a year earlier.
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Analysis
Plug Power (PLUG) EBITDA (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Plug Power reported EBITDA of -$1.26 billion; for FY2025, it was -$1.42 billion.
- Going back by year, EBITDA was -$1.94 billion in FY2024, -$1.27 billion in FY2023, -$627.95 million in FY2022 and -$413.92 million in FY2021.
- The Q2 2026 figure represents the highest quarterly EBITDA since Q1 2021.
- Business Quant data shows PLUG's EBITDA at -$102.27 million (Q1 2026), -$757.64 million (Q4 2025) and -$338.67 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.67 Bn | 1.75 Bn | -1.68 Mn | -56.65 Mn |
| 2 | Rex American Resources | 1.41 Bn | 56.79 Mn | 53.30 Mn | 42.10 Mn |
| 3 | Green Plains | 1.03 Bn | 431.73 Mn | 113.03 Mn | 91.32 Mn |
| 4 | Montauk Renewables | 421.14 Mn | 348.92 Mn | - | 7.83 Mn |
| 5 | Clean Energy Fuels | 345.96 Mn | -309.83 Mn | 30.14 Mn | 5.55 Mn |
| 6 | Gevo | 328.83 Mn | 45.80 Mn | 19.80 Mn | -164.92 Mn |
| 7 | OPAL Fuels | 309.32 Mn | 41.92 Mn | 24.47 Mn | 2.16 Mn |
| 8 | Aemetis | 131.85 Mn | 115.60 Mn | 13.52 Mn | 8.33 Mn |
| 9 | Verde Clean Fuels | 50.34 Mn | -148.13 Mn | - | -2.52 Mn |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | -702,132.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -56.65 Mn |
| Mar 31, 2026 | -102.27 Mn |
| Dec 31, 2025 | -757.64 Mn |
| Sep 30, 2025 | -338.67 Mn |
| Jun 30, 2025 | -162.17 Mn |
| Mar 31, 2025 | -164.32 Mn |
| Dec 31, 2024 | -1.28 Bn |
| Sep 30, 2024 | -198.77 Mn |
| Jun 30, 2024 | -226.97 Mn |
| Mar 31, 2024 | -238.08 Mn |
| Dec 31, 2023 | -606.79 Mn |
| Sep 30, 2023 | -259.37 Mn |
| Jun 30, 2023 | -221.74 Mn |
| Mar 31, 2023 | -195.05 Mn |
| Dec 31, 2022 | -217.58 Mn |
| Sep 30, 2022 | -149.45 Mn |
| Jun 30, 2022 | -136.21 Mn |
| Mar 31, 2022 | -131.12 Mn |
| Dec 31, 2021 | -194.34 Mn |
| Sep 30, 2021 | -96.36 Mn |
API Access
Plug Power EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();