Plug Power (PLUG) Finished Goods (2013 - 2026)
Plug Power (PLUG) reported Finished Goods of $73.5 million for Q1 2026, down 54.49% year-over-year from $161.6 million in Q1 2025, and down 14.3% on a QoQ basis from $85.8 million in Q4 2025.
Plug Power (PLUG) has 14 years of Finished Goods data on file, last reported at $73.5 million in Q1 2026.
- Quarterly Finished Goods fell 54.49% year-over-year to $73.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $73.5 million (down 54.49% YoY) and the FY2025 annual result came in at $85.8 million, down 37.99% from the prior year.
- Finished Goods eased to $73.5 million in Q1 2026 per PLUG's latest filing, from $85.8 million in the prior quarter.
- Across five years, Finished Goods topped out at $245.4 million in Q1 2024 and bottomed at $8.4 million in Q2 2022.
- The 5-year median for Finished Goods is $104.0 million (2025), against an average of $116.7 million.
- The widest annual swing landed in 2023, when Finished Goods soared 1475.69%; it then tumbled 57.74% in 2025.
- Tracing PLUG's Finished Goods over 5 years: stood at $64.1 million in 2022, then soared by 252.67% to $226.1 million in 2023, then plunged by 38.8% to $138.4 million in 2024, then sank by 37.99% to $85.8 million in 2025, then slipped by 14.3% to $73.5 million in 2026.
- Per Business Quant, the three latest PLUG Finished Goods figures stand at $73.5 million (Q1 2026), $85.8 million (Q4 2025), and $80.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 73.54 Mn |
| Dec 31, 2025 | 85.81 Mn |
| Sep 30, 2025 | 80.29 Mn |
| Jun 30, 2025 | 103.97 Mn |
| Mar 31, 2025 | 161.57 Mn |
| Dec 31, 2024 | 138.38 Mn |
| Sep 30, 2024 | 190.00 Mn |
| Jun 30, 2024 | 228.38 Mn |
| Mar 31, 2024 | 245.41 Mn |
| Dec 31, 2023 | 226.11 Mn |
| Sep 30, 2023 | 154.81 Mn |
| Jun 30, 2023 | 132.74 Mn |
| Mar 31, 2023 | 64.56 Mn |
| Dec 31, 2022 | 64.11 Mn |
| Sep 30, 2022 | 16.22 Mn |
| Jun 30, 2022 | 8.42 Mn |
| Mar 31, 2022 | 9.42 Mn |
| Dec 31, 2021 | 7.08 Mn |
| Sep 30, 2021 | 7.59 Mn |
| Jun 30, 2021 | 5.65 Mn |
| Mar 31, 2021 | 5.63 Mn |
| Dec 31, 2020 | 5.41 Mn |
| Sep 30, 2020 | 7.95 Mn |
| Jun 30, 2020 | 4.77 Mn |
| Mar 31, 2020 | 3.23 Mn |
| Dec 31, 2019 | 2.61 Mn |
| Sep 30, 2019 | 6.44 Mn |
| Jun 30, 2019 | 4.08 Mn |
| Mar 31, 2019 | 6.25 Mn |
| Dec 31, 2018 | 2.63 Mn |
| Sep 30, 2018 | 3.22 Mn |
| Jun 30, 2018 | 3.02 Mn |
| Mar 31, 2018 | 2.92 Mn |
| Dec 31, 2017 | 2.43 Mn |
| Sep 30, 2017 | 3.32 Mn |
| Jun 30, 2017 | 2.82 Mn |
| Mar 31, 2017 | 2.34 Mn |
| Dec 31, 2016 | 1.78 Mn |
| Sep 30, 2016 | 2.83 Mn |
| Jun 30, 2016 | 3.23 Mn |
| Mar 31, 2016 | 3.85 Mn |
| Dec 31, 2015 | 3.48 Mn |
| Sep 30, 2015 | 4.81 Mn |
| Jun 30, 2015 | 6.83 Mn |
| Mar 31, 2015 | 7.35 Mn |
| Dec 31, 2014 | 6.00 Mn |
| Sep 30, 2014 | 4.40 Mn |
| Jun 30, 2014 | 1.68 Mn |
| Dec 31, 2013 | 1.31 Mn |