Plug Power (PLUG) EBT Margin (2010 - 2026)

Plug Power's (PLUG) quarterly EBT Margin came in at 150.44% in Q1 2026, down 318.0% year-on-year from 69.01% in Q1 2025, and up 62.53% on a QoQ basis 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.

  • On a quarterly basis, EBT Margin fell 318.0% year-over-year to 150.44% in Q1 2026; TTM through Mar 2026 was 235.54%, a 7725.0% increase from a year earlier, with the FY2025 full-year figure at 238.52%, up 9665.0% from the prior year.
  • EBT Margin for Q1 2026 stood at 150.44%, up from 401.53% in the prior quarter.
  • Over the last five years, EBT Margin for PLUG reached as high as 89.72% in Q3 2022 and fell as low as 698.91% in Q4 2024.
  • Historically, EBT Margin has averaged 195.7% across 5 years, with a median of 145.04% in 2023.
  • Across the five-year window, EBT Margin tumbled 40955 bps in 2024 and soared 29738 bps in 2025, its largest moves.
  • Year by year, EBT Margin stood at 101.55% in 2022, then tumbled by 185 bps to 289.36% in 2023, then slumped 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.
  • Per Business Quant data, the three most recent EBT Margin figures were 150.44% in Q1 2026, 401.53% in Q4 2025, and 205.25% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 10.84%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 16.54%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 9.87%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 15.59%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 14.24%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 13.70%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -0.90%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 20.83%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 10.03%
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn -150.44%

Historic Data

Download Data
DateValue
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%