Growth Metrics

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% on a QoQ basis from $1.2 billion in Q4 2025.

Plug Power (PLUG) has 16 years of Equity Average data on file, last reported at $876.0 million in Q1 2026.

  • Quarterly Equity Average fell 53.16% year-over-year to $876.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $876.0 million (down 53.16% YoY) and the FY2025 annual result came in at $1.4 billion, down 40.8% from the prior year.
  • Equity Average eased to $876.0 million in Q1 2026 per PLUG's latest filing, from $1.2 billion in the prior quarter.
  • Across five years, Equity Average topped out at $4.5 billion in Q1 2022 and bottomed at $876.0 million in Q1 2026.
  • The 5-year median for Equity Average is $3.0 billion (2024), against an average of $3.0 billion.
  • The widest annual swing landed in 2022, when Equity Average surged 42.22%; it then sank 53.16% in 2026.
  • Tracing PLUG's Equity Average over 5 years: stood at $4.1 billion in 2022, then dropped by 22.65% to $3.2 billion in 2023, then retreated by 24.51% to $2.4 billion in 2024, then plunged by 48.8% to $1.2 billion in 2025, then dropped by 29.26% to $876.0 million in 2026.
  • Per Business Quant, the three latest PLUG Equity Average figures stand at $876.0 million (Q1 2026), $1.2 billion (Q4 2025), and $1.6 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Avg. (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 4.09 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 857.22 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 3.76 Bn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 3.81 Bn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 1.37 Bn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 688.98 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 2.82 Bn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 1.90 Bn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 875.98 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn 1.60 Bn

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
Mar 31, 2021 3.19 Bn
Dec 31, 2020 1.03 Bn
Sep 30, 2020 410.41 Mn
Jun 30, 2020 169.48 Mn
Mar 31, 2020 117.15 Mn
Dec 31, 2019 55.34 Mn
Sep 30, 2019 -17.51 Mn
Jun 30, 2019 -11.44 Mn
Mar 31, 2019 -5.33 Mn
Dec 31, 2018 5.41 Mn
Sep 30, 2018 20.27 Mn
Jun 30, 2018 37.81 Mn
Mar 31, 2018 59.86 Mn
Dec 31, 2017 78.49 Mn
Sep 30, 2017 92.51 Mn
Jun 30, 2017 79.49 Mn
Mar 31, 2017 -558.96 Mn
Dec 31, 2016 -542.51 Mn
Sep 30, 2016 99.21 Mn
Jun 30, 2016 110.41 Mn
Mar 31, 2016 120.38 Mn
Dec 31, 2015 136.69 Mn
Sep 30, 2015 145.11 Mn
Jun 30, 2015 145.32 Mn
Mar 31, 2015 153.67 Mn
Dec 31, 2014 161.06 Mn
Sep 30, 2014 167.36 Mn
Jun 30, 2014 108.43 Mn
Mar 31, 2014 14.05 Mn
Dec 31, 2013 -7.83 Mn
Sep 30, 2013 4.59 Mn
Jun 30, 2013 7.34 Mn
Mar 31, 2013 11.37 Mn
Dec 31, 2012 19.04 Mn
Sep 30, 2012 27.91 Mn
Jun 30, 2012 35.80 Mn
Mar 31, 2012 33.93 Mn
Dec 31, 2011 32.38 Mn
Sep 30, 2011 38.49 Mn