Plug Power (PLUG) EBT (2010 - 2026)
Plug Power's (PLUG) quarterly EBT came in at -$246.0 million in Q1 2026, down 24.96% year-on-year from -$327.8 million in Q1 2025, and up 72.8% on a QoQ basis from -$904.3 million in Q4 2025.
Plug Power (PLUG) EBT (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of EBT data on file, last reported at -$246.0 million in Q1 2026.
- On a quarterly basis, EBT fell 24.96% year-over-year to -$246.0 million in Q1 2026; TTM through Mar 2026 was -$1.7 billion, a 13.26% increase from a year earlier, with the FY2025 full-year figure at -$1.7 billion, up 19.66% from the prior year.
- EBT for Q1 2026 stood at -$246.0 million, up from -$904.3 million in the prior quarter.
- Over the last five years, EBT for PLUG reached as high as -$156.9 million in Q1 2022 and fell as low as -$1.3 billion in Q4 2024.
- Historically, EBT has averaged -$361.5 million across 5 years, with a median of -$237.3 million in 2023.
- Across the five-year window, EBT sank 186.78% in 2023 and jumped 33.41% in 2025, its largest moves.
- Year by year, EBT stood at -$224.2 million in 2022, then sank by 186.78% to -$642.8 million in 2023, then tumbled by 108.17% to -$1.3 billion in 2024, then surged by 32.42% to -$904.3 million in 2025, then soared by 72.8% to -$246.0 million in 2026.
- Per Business Quant data, the three most recent EBT figures were -$246.0 million in Q1 2026, -$904.3 million in Q4 2025, and -$363.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 1.96 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 438.30 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 74.10 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 236.40 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 176.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 70.00 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | -10.80 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 61.78 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 99.11 Mn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn | -246.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -246.00 Mn |
| Dec 31, 2025 | -904.33 Mn |
| Sep 30, 2025 | -363.41 Mn |
| Jun 30, 2025 | -228.72 Mn |
| Mar 31, 2025 | -196.86 Mn |
| Dec 31, 2024 | -1.34 Bn |
| Sep 30, 2024 | -211.07 Mn |
| Jun 30, 2024 | -262.71 Mn |
| Mar 31, 2024 | -295.61 Mn |
| Dec 31, 2023 | -642.84 Mn |
| Sep 30, 2023 | -288.21 Mn |
| Jun 30, 2023 | -237.32 Mn |
| Mar 31, 2023 | -207.83 Mn |
| Dec 31, 2022 | -224.16 Mn |
| Sep 30, 2022 | -169.24 Mn |
| Jun 30, 2022 | -172.87 Mn |
| Mar 31, 2022 | -156.90 Mn |
| Dec 31, 2021 | -209.11 Mn |
| Sep 30, 2021 | -106.67 Mn |
| Jun 30, 2021 | -99.63 Mn |