Growth Metrics

Plug Power (PLUG) EBT (2016 - 2025)

Plug Power (PLUG) has disclosed EBT for 16 consecutive years, with -$904.3 million as the latest value for Q4 2025.

  • On a quarterly basis, EBT rose 32.42% to -$904.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$1.7 billion, a 19.66% increase, with the full-year FY2025 number at -$1.7 billion, up 19.66% from a year prior.
  • EBT was -$904.3 million for Q4 2025 at Plug Power, down from -$363.4 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$60.7 million in Q1 2021 to a low of -$1.3 billion in Q4 2024.
  • A 5-year average of -$318.8 million and a median of -$217.6 million in 2022 define the central range for EBT.
  • Biggest YoY gain for EBT was 57.41% in 2021; the steepest drop was 272.16% in 2021.
  • Plug Power's EBT stood at -$209.1 million in 2021, then fell by 7.19% to -$224.2 million in 2022, then tumbled by 186.78% to -$642.8 million in 2023, then crashed by 108.17% to -$1.3 billion in 2024, then soared by 32.42% to -$904.3 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's EBT are -$904.3 million (Q4 2025), -$363.4 million (Q3 2025), and -$228.7 million (Q2 2025).