Plug Power (PLUG) Exchange Rate Effect (2010 - 2026)
Plug Power's (PLUG) quarterly Exchange Rate Effect came in at -$1.7 million in Q1 2026, up 67.12% year-on-year from -$1.0 million in Q1 2025, and up 13.14% on a QoQ basis from -$2.0 million in Q4 2025.
Plug Power (PLUG) Exchange Rate Effect (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Exchange Rate Effect data on file, last reported at -$1.7 million in Q1 2026.
- On a quarterly basis, Exchange Rate Effect rose 67.12% year-over-year to -$1.7 million in Q1 2026; TTM through Mar 2026 was $1.6 million, a 83.56% decrease from a year earlier, with the FY2025 full-year figure at -$1.8 million, down 109.46% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$1.7 million, up from -$2.0 million in the prior quarter.
- Over the last five years, Exchange Rate Effect for PLUG reached as high as $11.6 million in Q4 2024 and fell as low as -$9.9 million in Q4 2023.
- Historically, Exchange Rate Effect has averaged $627176.5 across 5 years, with a median of -$89000.0 in 2025.
- Across the five-year window, Exchange Rate Effect slumped 515.18% in 2022 and soared 23234.88% in 2024, its largest moves.
- Year by year, Exchange Rate Effect stood at -$4.3 million in 2022, then plunged by 130.53% to -$9.9 million in 2023, then surged by 216.78% to $11.6 million in 2024, then plunged by 116.94% to -$2.0 million in 2025, then gained by 13.14% to -$1.7 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$1.7 million in Q1 2026, -$2.0 million in Q4 2025, and $5.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | -486,000.00 |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | -600,000.00 |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 1.98 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | -2.70 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 900,000.00 |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | -900,000.00 |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | -600,000.00 |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | -1.40 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | -3.96 Mn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn | -1.71 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.71 Mn |
| Mar 31, 2026 | -1.71 Mn |
| Dec 31, 2025 | -1.96 Mn |
| Dec 31, 2025 | -1.96 Mn |
| Sep 30, 2025 | 5.41 Mn |
| Sep 30, 2025 | 5.41 Mn |
| Jun 30, 2025 | -89,000.00 |
| Jun 30, 2025 | -89,000.00 |
| Mar 31, 2025 | -5.19 Mn |
| Mar 31, 2025 | -5.19 Mn |
| Dec 31, 2024 | 11.60 Mn |
| Dec 31, 2024 | 11.60 Mn |
| Sep 30, 2024 | -6.33 Mn |
| Sep 30, 2024 | -6.33 Mn |
| Jun 30, 2024 | 9.95 Mn |
| Jun 30, 2024 | 9.95 Mn |
| Mar 31, 2024 | 4.19 Mn |
| Mar 31, 2024 | 4.19 Mn |
| Dec 31, 2023 | -9.93 Mn |
| Dec 31, 2023 | -9.93 Mn |