Plug Power (PLUG) Finished Goods (2013 - 2026)
Plug Power (PLUG) posted Finished Goods of $64.06 million for Q2 2026, down 38.4% from $103.97 million a year earlier and down 12.9% from the prior quarter.
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Analysis
Plug Power (PLUG) Finished Goods (2013 - 2026) Analysis & Trends
At the end of FY2025, Plug Power's Finished Goods came in at $85.81 million, down 38.0% from FY2024.
- Annual Finished Goods shows a five-year compound annual growth rate of 73.8% (FY2020 to FY2025).
- In prior years, Plug Power's Finished Goods was $138.38 million in FY2024 (-38.8%), $226.11 million in FY2023 (+252.7%), $64.11 million in FY2022 (+805.7%) and $7.08 million in FY2021 (+30.8%).
- The Q2 2026 figure stands as the lowest quarterly Finished Goods since Q3 2022.
- On a year-over-year basis, Finished Goods has declined in each of the last seven quarters, with an average decline of 36.7% over the last eight quarters.
- The strongest year-over-year quarter for Finished Goods in the past five years was Q3 2023, with growth of 854.3%; the weakest was Q3 2025, with a decline of 57.7%.
- According to Business Quant data, Finished Goods for the three prior quarters was $73.54 million (Q1 2026), $85.81 million (Q4 2025) and $80.29 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.06 Mn |
| 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 |
API Access
Plug Power Finished Goods API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=finished-goods&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "finished-goods", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=finished-goods&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();