Growth Metrics

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

Plug Power (PLUG) has disclosed Gross Profit for 16 consecutive years, with $5.5 million as the latest value for Q4 2025.

  • On a quarterly basis, Gross Profit rose 102.32% to $5.5 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$242.0 million, a 61.27% increase, with the full-year FY2025 number at -$242.0 million, up 61.27% from a year prior.
  • Gross Profit was $5.5 million for Q4 2025 at Plug Power, up from -$120.2 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $5.5 million in Q4 2025 to a low of -$234.5 million in Q4 2024.
  • A 5-year average of -$87.0 million and a median of -$76.0 million in 2023 define the central range for Gross Profit.
  • Peak YoY movement for Gross Profit: plummeted 268553.33% in 2021, then surged 102.32% in 2025.
  • Plug Power's Gross Profit stood at -$87.8 million in 2021, then grew by 8.3% to -$80.5 million in 2022, then tumbled by 176.2% to -$222.3 million in 2023, then decreased by 5.51% to -$234.5 million in 2024, then soared by 102.32% to $5.5 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Gross Profit are $5.5 million (Q4 2025), -$120.2 million (Q3 2025), and -$53.5 million (Q2 2025).