Plug Power (PLUG) Equity Average (2011 - 2026)
Plug Power (PLUG) reported Equity Average of $876.0 million for Q1 2026, down 53.16% year-over-year from $1.9 billion in Q1 2025, and down 29.26% quarter-over-quarter from $1.2 billion in Q4 2025.
Plug Power (PLUG) Equity Average (2011 - 2026) Analysis & Trends
Plug Power (PLUG) has 16 years of Equity Average data on file, last reported at $876.0 million in Q1 2026.
- Equity Average for Q1 2026 came in at $876.0 million, down 53.16% year-over-year; the trailing twelve-month figure through Mar 2026 was $876.0 million (down 53.16% YoY), and the FY2025 annual result was $1.4 billion, down 40.8% from the prior year.
- Equity Average slipped to $876.0 million in Q1 2026 per PLUG's latest filing, from $1.2 billion in the prior quarter.
- Over five years, Equity Average peaked at $4.5 billion in Q1 2022 and troughed at $876.0 million in Q1 2026.
- A 5-year average of $3.0 billion and a median of $3.0 billion in 2024 frame the typical range for Equity Average.
- The sharpest annual moves came in 2022 and 2026: Equity Average jumped 42.22% in 2022, then tumbled 53.16% in 2026.
- A 5-year view of Equity Average shows it stood at $4.1 billion in 2022, then fell by 22.65% to $3.2 billion in 2023, then slipped by 24.51% to $2.4 billion in 2024, then slumped by 48.8% to $1.2 billion in 2025, then fell by 29.26% to $876.0 million in 2026.
- Business Quant data shows PLUG's Equity Average at $876.0 million in Q1 2026, $1.2 billion in Q4 2025, and $1.6 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 164.34 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 4.09 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 857.22 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 3.76 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 3.81 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 1.37 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 688.98 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | - |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 2.82 Bn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | 875.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 875.98 Mn |
| Dec 31, 2025 | 1.24 Bn |
| Sep 30, 2025 | 1.63 Bn |
| Jun 30, 2025 | 1.85 Bn |
| Mar 31, 2025 | 1.87 Bn |
| Dec 31, 2024 | 2.42 Bn |
| Sep 30, 2024 | 3.01 Bn |
| Jun 30, 2024 | 2.96 Bn |
| Mar 31, 2024 | 2.91 Bn |
| Dec 31, 2023 | 3.20 Bn |
| Sep 30, 2023 | 3.62 Bn |
| Jun 30, 2023 | 3.83 Bn |
| Mar 31, 2023 | 3.99 Bn |
| Dec 31, 2022 | 4.14 Bn |
| Sep 30, 2022 | 4.28 Bn |
| Jun 30, 2022 | 4.41 Bn |
| Mar 31, 2022 | 4.54 Bn |
| Dec 31, 2021 | 4.66 Bn |
| Sep 30, 2021 | 4.77 Bn |
| Jun 30, 2021 | 4.87 Bn |