Plug Power (PLUG) EBITDA (2010 - 2026)

Plug Power (PLUG) has 17 years of EBITDA data on file, last reported at -$109.5 million in Q1 2026.

• EBITDA for Q1 2026 came in at -$109.5 million, up 38.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.4 billion (up 26.7% YoY), and the FY2025 annual result was -$1.4 billion, up 27.06% from the prior year.
• EBITDA rose to -$109.5 million in Q1 2026 per PLUG's latest filing, from -$763.2 million in the prior quarter.
• Over five years, EBITDA peaked at -$109.5 million in Q1 2026 and troughed at -$1.3 billion in Q4 2024.
• A 5-year average of -$325.0 million and a median of -$226.5 million in 2023 frame the typical range for EBITDA.
• The sharpest annual moves came in 2022 and 2025: EBITDA slumped 192.53% in 2022, then soared 41.02% in 2025.
• A 5-year view of EBITDA shows it stood at -$228.2 million in 2022, then slumped by 169.73% to -$615.6 million in 2023, then plunged by 110.21% to -$1.3 billion in 2024, then soared by 41.02% to -$763.2 million in 2025, then soared by 85.65% to -$109.5 million in 2026.
• Business Quant data shows PLUG's EBITDA at -$109.5 million in Q1 2026, -$763.2 million in Q4 2025, and -$348.8 million in Q3 2025.