Plug Power (PLUG) Enterprise Value (2010 - 2026)
Plug Power's (PLUG) quarterly Enterprise Value came in at $3.5 billion in Q2 2026, up 136.78% year-over-year from $1.5 billion in Q2 2025, and up 25.43% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
Plug Power (PLUG) Enterprise Value (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Enterprise Value for 17 consecutive years, with $3.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Enterprise Value rose 136.78% year-over-year to $3.5 billion in Q2 2026; TTM through Jun 2026 was $3.5 billion, a 136.78% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 5.39% from the prior year.
- Enterprise Value was $3.5 billion for Q2 2026 at Plug Power, up from $2.8 billion in the prior quarter.
- Over five years, Enterprise Value peaked at $13.2 billion in Q1 2022 and troughed at $1.0 billion in Q1 2025.
- A 5-year average of $4.0 billion and a median of $2.7 billion in 2026 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value sank 66.31% in 2024 and surged 166.54% in 2026, its largest moves.
- Over 5 years, Enterprise Value stood at $5.3 billion in 2022, then slumped by 48.7% to $2.7 billion in 2023, then plunged by 39.85% to $1.6 billion in 2024, then increased by 5.39% to $1.7 billion in 2025, then surged by 100.96% to $3.5 billion in 2026.
- The last three Enterprise Value figures came in at $3.5 billion (Q2 2026), $2.8 billion (Q1 2026), and $1.7 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 2.93 Bn | 2.62 Bn | -1.68 Mn |
| 2 | NewHydrogen | 12.64 Mn | 12.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.47 Bn |
| Mar 31, 2026 | 2.77 Bn |
| Dec 31, 2025 | 1.73 Bn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 1.47 Bn |
| Mar 31, 2025 | 1.04 Bn |
| Dec 31, 2024 | 1.64 Bn |
| Sep 30, 2024 | 1.75 Bn |
| Jun 30, 2024 | 1.76 Bn |
| Mar 31, 2024 | 2.16 Bn |
| Dec 31, 2023 | 2.73 Bn |
| Sep 30, 2023 | 4.10 Bn |
| Jun 30, 2023 | 5.24 Bn |
| Mar 31, 2023 | 5.54 Bn |
| Dec 31, 2022 | 5.32 Bn |
| Sep 30, 2022 | 9.68 Bn |
| Jun 30, 2022 | 6.62 Bn |
| Mar 31, 2022 | 13.24 Bn |
| Dec 31, 2021 | 12.59 Bn |
| Sep 30, 2021 | 10.60 Bn |