Plug Power (PLUG) Enterprise Value (2010 - 2026)
Plug Power (PLUG) reported Enterprise Value of -$382.8 million for Q1 2026, up 8.09% year-over-year from -$354.2 million in Q1 2025, and up 27.78% on a QoQ basis from -$530.0 million in Q4 2025.
Plug Power (PLUG) has 17 years of Enterprise Value data on file, last reported at -$382.8 million in Q1 2026.
- Quarterly Enterprise Value rose 8.09% year-over-year to -$382.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$382.8 million (up 8.09% YoY) and the FY2025 annual result came in at -$530.0 million, down 60.58% from the prior year.
- Enterprise Value rose 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 -$178.6 million in Q3 2023 and bottomed at -$3.0 billion in Q2 2022.
- The 5-year median for Enterprise Value is -$392.5 million (2024), against an average of -$831.3 million.
- The widest annual swing landed in 2023, when Enterprise Value jumped 93.04%; it then plunged 73.94% in 2024.
- Tracing PLUG's Enterprise Value over 5 years: stood at -$849.6 million in 2022, then surged by 58.62% to -$351.6 million in 2023, then rose by 6.12% to -$330.1 million in 2024, then slumped by 60.58% to -$530.0 million in 2025, then rose by 27.78% to -$382.8 million in 2026.
- Per Business Quant, the three latest PLUG Enterprise Value figures stand at -$382.8 million (Q1 2026), -$530.0 million (Q4 2025), and -$273.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | -2.50 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | -2.47 Bn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | -190.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | -506.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | -1.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | -544.89 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | -272.50 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | -435.09 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -382.82 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | -230.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -382.82 Mn |
| Dec 31, 2025 | -530.04 Mn |
| Sep 30, 2025 | -273.20 Mn |
| Jun 30, 2025 | -253.29 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 | -178.63 Mn |
| Jun 30, 2023 | -752.87 Mn |
| Mar 31, 2023 | -650.84 Mn |
| Dec 31, 2022 | -849.59 Mn |
| Sep 30, 2022 | -2.57 Bn |
| Jun 30, 2022 | -2.97 Bn |
| Mar 31, 2022 | -2.64 Bn |
| Dec 31, 2021 | -3.72 Bn |
| Sep 30, 2021 | -3.46 Bn |
| Jun 30, 2021 | -3.24 Bn |
| Mar 31, 2021 | -4.41 Bn |
| Dec 31, 2020 | -1.36 Bn |
| Sep 30, 2020 | -503.84 Mn |
| Jun 30, 2020 | -203.13 Mn |
| Mar 31, 2020 | -131.14 Mn |
| Dec 31, 2019 | -194.31 Mn |
| Sep 30, 2019 | -79.00 Mn |
| Jun 30, 2019 | -39.25 Mn |
| Mar 31, 2019 | -58.63 Mn |
| Dec 31, 2018 | -56.00 Mn |
| Sep 30, 2018 | -29.63 Mn |
| Jun 30, 2018 | -28.40 Mn |
| Mar 31, 2018 | -60.56 Mn |
| Dec 31, 2017 | -38.73 Mn |
| Sep 30, 2017 | -22.86 Mn |
| Jun 30, 2017 | -16.92 Mn |
| Mar 31, 2017 | -26.59 Mn |
| Dec 31, 2016 | -57.23 Mn |
| Sep 30, 2016 | -47.56 Mn |
| Jun 30, 2016 | -70.05 Mn |
| Mar 31, 2016 | -70.89 Mn |
| Dec 31, 2015 | -67.97 Mn |
| Sep 30, 2015 | -85.64 Mn |
| Jun 30, 2015 | -109.14 Mn |
| Mar 31, 2015 | -131.54 Mn |
| Dec 31, 2014 | -146.21 Mn |
| Sep 30, 2014 | -156.46 Mn |
| Jun 30, 2014 | -168.61 Mn |
| Mar 31, 2014 | -63.23 Mn |
| Dec 31, 2013 | -5.53 Mn |
| Sep 30, 2013 | -10.96 Mn |
| Jun 30, 2013 | -7.41 Mn |
| Mar 31, 2013 | -4.50 Mn |
| Dec 31, 2012 | -9.38 Mn |
| Sep 30, 2012 | -9.46 Mn |
| Jun 30, 2012 | -15.85 Mn |
| Mar 31, 2012 | -20.83 Mn |
| Dec 31, 2011 | -13.86 Mn |
| Sep 30, 2011 | -22.80 Mn |
| Jun 30, 2011 | -27.15 Mn |
| Mar 31, 2011 | -13.00 Mn |
| Dec 31, 2010 | -21.36 Mn |
| Sep 30, 2010 | -10.32 Mn |
| Jun 30, 2010 | -3.79 Mn |