Plug Power (PLUG) Finished Goods (2013 - 2026)
Plug Power's (PLUG) quarterly Finished Goods came in at $73.5 million in Q1 2026, down 54.49% year-on-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) Finished Goods (2013 - 2026) Analysis & Trends
Plug Power (PLUG) has 14 years of Finished Goods data on file, last reported at $73.5 million in Q1 2026.
- On a quarterly basis, Finished Goods fell 54.49% year-over-year to $73.5 million in Q1 2026; TTM through Mar 2026 was $73.5 million, a 54.49% decrease from a year earlier, with the FY2025 full-year figure at $85.8 million, down 37.99% from the prior year.
- Finished Goods for Q1 2026 stood at $73.5 million, down from $85.8 million in the prior quarter.
- Over the last five years, Finished Goods for PLUG reached as high as $245.4 million in Q1 2024 and fell as low as $8.4 million in Q2 2022.
- Historically, Finished Goods has averaged $116.7 million across 5 years, with a median of $104.0 million in 2025.
- Across the five-year window, Finished Goods soared 1475.69% in 2023 and tumbled 57.74% in 2025, its largest moves.
- Year by year, Finished Goods stood at $64.1 million in 2022, then surged by 252.67% to $226.1 million in 2023, then tumbled by 38.8% to $138.4 million in 2024, then plunged by 37.99% to $85.8 million in 2025, then decreased by 14.3% to $73.5 million in 2026.
- Per Business Quant data, the three most recent Finished Goods figures were $73.5 million in Q1 2026, $85.8 million in Q4 2025, and $80.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 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 |