Plug Power (PLUG) Exchange Rate Effect (2010 - 2026)
Plug Power (PLUG) posted quarterly Exchange Rate Effect of -$1.7 million for Q1 2026, up 67.12% year-over-year from -$1.0 million in Q1 2025, and up 13.14% quarter-over-quarter from -$2.0 million in Q4 2025.
Plug Power (PLUG) Exchange Rate Effect (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Exchange Rate Effect for 17 consecutive years, with -$1.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Exchange Rate Effect rose 67.12% year-over-year to -$1.7 million; the TTM figure through Mar 2026 stood at $1.6 million (down 83.56% YoY), while the FY2025 annual figure was -$1.8 million, down 109.46% from the prior year.
- Exchange Rate Effect climbed to -$1.7 million in Q1 2026 per PLUG's latest filing, from -$2.0 million in the prior quarter.
- Across five years, Exchange Rate Effect topped out at $11.6 million in Q4 2024 and bottomed at -$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.
- Annual changes were most pronounced in 2022 — Exchange Rate Effect plunged 515.18% — and 2024, when it surged 23234.88%.
- Plug Power's Exchange Rate Effect stood at -$4.3 million in 2022, then plunged by 130.53% to -$9.9 million in 2023, then soared by 216.78% to $11.6 million in 2024, then plunged by 116.94% to -$2.0 million in 2025, then increased by 13.14% to -$1.7 million in 2026.
- Business Quant data shows PLUG's Exchange Rate Effect at -$1.7 million in Q1 2026, -$2.0 million in Q4 2025, and $5.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 3.50 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | -2.88 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.30 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.50 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | -100,000.00 |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | -600,000.00 |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | -1.42 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | -2.05 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | -761,000.00 |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | -533,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -533,000.00 |
| Jun 30, 2026 | -533,000.00 |
| 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 |