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| 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 |
| 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 |