Plug Power (PLUG) Enterprise Value (2010 - 2026)
Plug Power (PLUG) posted quarterly Enterprise Value of -$382.8 million for Q1 2026, up 8.1% year-over-year from -$354.1 million in Q1 2025, and up 27.78% quarter-over-quarter from -$530.0 million in Q4 2025.
Plug Power (PLUG) Enterprise Value (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Enterprise Value for 17 consecutive years, with -$382.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value rose 8.1% year-over-year to -$382.8 million; the TTM figure through Mar 2026 stood at -$382.8 million (up 8.1% YoY), while the FY2025 annual figure was -$530.0 million, down 60.58% from the prior year.
- Enterprise Value improved to -$382.8 million in Q1 2026 per PLUG's latest filing, from -$530.0 million in the prior quarter.
- Across five years, Enterprise Value topped out at -$253.2 million in Q2 2025 and bottomed at -$3.0 billion in Q2 2022.
- Historically, Enterprise Value has averaged -$875.9 million across 5 years, with a median of -$416.5 million in 2025.
- Annual changes were most pronounced in 2022 — Enterprise Value soared 77.82% — and 2025, when it sank 60.58%.
- Plug Power's Enterprise Value stood at -$825.5 million in 2022, then surged by 57.41% to -$351.6 million in 2023, then climbed by 6.12% to -$330.1 million in 2024, then sank by 60.58% to -$530.0 million in 2025, then rose by 27.78% to -$382.8 million in 2026.
- Business Quant data shows PLUG's Enterprise Value at -$382.8 million in Q1 2026, -$530.0 million in Q4 2025, and -$273.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | -3.11 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | -2.64 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | -256.00 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | -383.60 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | -1.42 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | -411.90 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | -633.56 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | -527.02 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | -483.38 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | -311.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -311.89 Mn |
| Mar 31, 2026 | -382.80 Mn |
| Dec 31, 2025 | -530.04 Mn |
| Sep 30, 2025 | -273.21 Mn |
| Jun 30, 2025 | -253.24 Mn |
| Mar 31, 2025 | -416.52 Mn |
| Dec 31, 2024 | -330.08 Mn |
| Sep 30, 2024 | -310.71 Mn |
| Jun 30, 2024 | -285.21 Mn |
| Mar 31, 2024 | -392.49 Mn |
| Dec 31, 2023 | -351.59 Mn |
| Sep 30, 2023 | -499.58 Mn |
| Jun 30, 2023 | -1.02 Bn |
| Mar 31, 2023 | -1.50 Bn |
| Dec 31, 2022 | -825.47 Mn |
| Sep 30, 2022 | -1.90 Bn |
| Jun 30, 2022 | -2.97 Bn |
| Mar 31, 2022 | -2.64 Bn |
| Dec 31, 2021 | -3.72 Bn |
| Sep 30, 2021 | -3.52 Bn |