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
DateValue
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