Growth Metrics

Plug Power (PLUG) EBITDA Margin (2016 - 2025)

Historic EBITDA Margin for Plug Power (PLUG) over the last 17 years, with Q3 2025 value amounting to 196.99%.

  • Plug Power's EBITDA Margin fell 798200.0% to 196.99% in Q3 2025 from the same period last year, while for Sep 2025 it was 295.53%, marking a year-over-year decrease of 986300.0%. This contributed to the annual value of 314.41% for FY2024, which is 1674100.0% down from last year.
  • Plug Power's EBITDA Margin amounted to 196.99% in Q3 2025, which was down 798200.0% from 101.71% recorded in Q2 2025.
  • Over the past 5 years, Plug Power's EBITDA Margin peaked at 64.87% during Q1 2021, and registered a low of 675.87% during Q4 2024.
  • In the last 5 years, Plug Power's EBITDA Margin had a median value of 103.39% in 2022 and averaged 152.02%.
  • As far as peak fluctuations go, Plug Power's EBITDA Margin tumbled by -3987700bps in 2024, and later skyrocketed by 725500bps in 2025.
  • Quarter analysis of 5 years shows Plug Power's EBITDA Margin stood at 122.94% in 2021, then grew by 16bps to 103.39% in 2022, then tumbled by -168bps to 277.1% in 2023, then tumbled by -144bps to 675.87% in 2024, then soared by 71bps to 196.99% in 2025.
  • Its last three reported values are 196.99% in Q3 2025, 101.71% for Q2 2025, and 133.5% during Q1 2025.