KPIs & Operating Metrics(New)
Balance Sheet
Cash Flow Statement
Amortization of Deferred ChargesAmortizatization of IntangiblesAsset Writedowns and ImpairmentCapital ExpendituresCash from Financing ActivitiesCash from Investing ActivitiesCash from OperationsChange in Accured ExpensesChange in CashChange in InventoryChange in ReceivablesDepreciation & Amortization (CF)Depreciation and DepletionDivestmentsExchange Rate EffectFree Cash FlowGains from Investment SecuritiesGains from Sales and DivestituresLong-Term Debt RepaymentsNet Cash FlowNet IncomeNon-cash ItemsOther Working Capital ChangesOther financing activitiesShare-based CompensationShares Issued
Daily Values
Growth Metrics
Income Statement
Others
Ratios

Plug Power (PLUG) Free Cash Flow (2016 - 2025)

Plug Power (PLUG) has disclosed Free Cash Flow for 16 consecutive years, with -$146.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Free Cash Flow fell 295.29% to -$146.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$561.7 million, a 27.6% increase, with the full-year FY2025 number at -$561.7 million, up 27.6% from a year prior.
  • Free Cash Flow was -$146.0 million for Q4 2025 at Plug Power, down from -$110.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $74.8 million in Q4 2024 to a low of -$881.8 million in Q4 2023.
  • A 5-year average of -$218.9 million and a median of -$189.6 million in 2021 define the central range for Free Cash Flow.
  • Peak YoY movement for Free Cash Flow: surged 886.82% in 2021, then crashed 662.44% in 2022.
  • Plug Power's Free Cash Flow stood at $61.5 million in 2021, then crashed by 662.44% to -$346.1 million in 2022, then crashed by 154.77% to -$881.8 million in 2023, then soared by 108.48% to $74.8 million in 2024, then plummeted by 295.29% to -$146.0 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Free Cash Flow are -$146.0 million (Q4 2025), -$110.9 million (Q3 2025), and -$193.6 million (Q2 2025).