Plug Power (PLUG) Gross Profit (2010 - 2026)

Plug Power (PLUG) has 17 years of Gross Profit data on file, last reported at -$21.6 million in Q1 2026.

• On a quarterly basis, Gross Profit rose 70.75% year-over-year to -$21.6 million in Q1 2026; TTM through Mar 2026 was -$189.8 million, a 64.83% increase from a year earlier, with the FY2025 full-year figure at -$242.0 million, up 61.27% from the prior year.
• Gross Profit for Q1 2026 stood at -$21.6 million, down from $5.5 million in the prior quarter.
• Over the last five years, Gross Profit for PLUG reached as high as $5.5 million in Q4 2025 and fell as low as -$234.5 million in Q4 2024.
• Historically, Gross Profit has averaged -$93.6 million across 5 years, with a median of -$78.1 million in 2023.
• Across the five-year window, Gross Profit tumbled 199.51% in 2023 and soared 102.32% in 2025, its largest moves.
• Year by year, Gross Profit stood at -$80.5 million in 2022, then slumped by 176.21% to -$222.3 million in 2023, then dropped by 5.51% to -$234.5 million in 2024, then surged by 102.32% to $5.5 million in 2025, then slumped by 496.39% to -$21.6 million in 2026.
• Per Business Quant data, the three most recent Gross Profit figures were -$21.6 million in Q1 2026, $5.5 million in Q4 2025, and -$120.2 million in Q3 2025.