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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Plug Power (PLUG) Gross Margin (2016 - 2025)

Plug Power (PLUG) has disclosed Gross Margin for 16 consecutive years, with 2.42% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 12491.0% to 2.42% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 34.09% through Dec 2025, up 6528.0% year-over-year, with the annual reading at 34.09% for FY2025, 6528.0% up from the prior year.
  • Gross Margin for Q4 2025 was 2.42% at Plug Power, up from 67.87% in the prior quarter.
  • The five-year high for Gross Margin was 2.42% in Q4 2025, with the low at 132.27% in Q1 2024.
  • Average Gross Margin over 5 years is 51.02%, with a median of 34.73% recorded in 2023.
  • The sharpest move saw Gross Margin crashed -9927bps in 2024, then soared 12491bps in 2025.
  • Over 5 years, Gross Margin stood at 54.21% in 2021, then skyrocketed by 33bps to 36.46% in 2022, then plummeted by -174bps to 100.06% in 2023, then fell by -22bps to 122.49% in 2024, then surged by 102bps to 2.42% in 2025.
  • According to Business Quant data, Gross Margin over the past three periods came in at 2.42%, 67.87%, and 30.73% for Q4 2025, Q3 2025, and Q2 2025 respectively.