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
DateValue
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