Plug Power (PLUG) EBT Margin (2010 - 2026)
Plug Power (PLUG) reported EBT Margin of 150.44% for Q1 2026, down 318.0% year-over-year from 69.01% in Q1 2025, and up 62.53% quarter-over-quarter from 401.53% in Q4 2025.
Plug Power (PLUG) EBT Margin (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of EBT Margin data on file, last reported at 150.44% in Q1 2026.
- EBT Margin for Q1 2026 came in at 150.44%, down 318.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 235.54% (up 7725.0% YoY), and the FY2025 annual result was 238.52%, up 9665.0% from the prior year.
- EBT Margin advanced to 150.44% in Q1 2026 per PLUG's latest filing, from 401.53% in the prior quarter.
- Over five years, EBT Margin peaked at 89.72% in Q3 2022 and troughed at 698.91% in Q4 2024.
- A 5-year average of 195.7% and a median of 145.04% in 2023 frame the typical range for EBT Margin.
- The sharpest annual moves came in 2024 and 2025: EBT Margin sank 40955 bps in 2024, then surged 29738 bps in 2025.
- A 5-year view of EBT Margin shows it stood at 101.55% in 2022, then slumped by 185 bps to 289.36% in 2023, then sank by 142 bps to 698.91% in 2024, then soared by 43 bps to 401.53% in 2025, then jumped by 63 bps to 150.44% in 2026.
- Business Quant data shows PLUG's EBT Margin at 150.44% in Q1 2026, 401.53% in Q4 2025, and 205.25% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 16.54% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.87% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 14.24% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 15.59% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 13.70% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 20.83% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -52.02% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 11.64% |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | -150.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -150.44% |
| Dec 31, 2025 | -401.53% |
| Sep 30, 2025 | -205.25% |
| Jun 30, 2025 | -131.47% |
| Mar 31, 2025 | -147.27% |
| Dec 31, 2024 | -698.91% |
| Sep 30, 2024 | -121.49% |
| Jun 30, 2024 | -183.26% |
| Mar 31, 2024 | -245.80% |
| Dec 31, 2023 | -289.36% |
| Sep 30, 2023 | -145.04% |
| Jun 30, 2023 | -91.21% |
| Mar 31, 2023 | -98.83% |
| Dec 31, 2022 | -101.55% |
| Sep 30, 2022 | -89.72% |
| Jun 30, 2022 | -114.28% |
| Mar 31, 2022 | -111.43% |
| Dec 31, 2021 | -129.16% |
| Sep 30, 2021 | -74.12% |
| Jun 30, 2021 | -79.99% |