Plug Power (PLUG) EBT Margin (2010 - 2026)
Plug Power (PLUG) posted quarterly 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 reported EBT Margin for 17 consecutive years, with 150.44% the latest figure, recorded in Q1 2026.
- In Q1 2026, EBT Margin fell 318.0% year-over-year to 150.44%; the TTM figure through Mar 2026 stood at 235.54% (up 7725.0% YoY), while the FY2025 annual figure was 238.52%, up 9665.0% from the prior year.
- EBT Margin rose to 150.44% in Q1 2026 per PLUG's latest filing, from 401.53% in the prior quarter.
- Across five years, EBT Margin topped out at 89.72% in Q3 2022 and bottomed at 698.91% in Q4 2024.
- Historically, EBT Margin has averaged 195.7% across 5 years, with a median of 145.04% in 2023.
- Annual changes were most pronounced in 2024 — EBT Margin sank 40955 bps — and 2025, when it surged 29738 bps.
- Plug Power's 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 jumped by 43 bps to 401.53% in 2025, then surged 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 | Vertiv Holdings | 100.69 Bn | 97.58 Bn | 1.23 Bn | 18.94% |
| 2 | Bloom Energy | 57.73 Bn | 55.06 Bn | 355.57 Mn | 18.80% |
| 3 | Hubbell | 24.93 Bn | 24.54 Bn | 613.00 Mn | 17.74% |
| 4 | nVent Electric | 24.90 Bn | 24.65 Bn | 558.00 Mn | 19.17% |
| 5 | Advanced Energy Industries | 11.13 Bn | 9.72 Bn | 236.10 Mn | 11.60% |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.98 Bn | 606.40 Mn | 15.46% |
| 7 | Powell Industries | 7.26 Bn | 6.62 Bn | 95.30 Mn | 22.17% |
| 8 | EnerSys | 6.95 Bn | 6.42 Bn | 313.36 Mn | 14.43% |
| 9 | Plug Power | 3.23 Bn | 2.91 Bn | -1.68 Mn | -106.50% |
| 10 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 18.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -106.50% |
| 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% |