Plug Power (PLUG) Intangibles (2010 - 2026)
Plug Power (PLUG) posted Intangibles of $27.29 million for Q2 2026, down 66.3% from $81.04 million a year earlier and down 3.3% from the prior quarter.
Plug Power (PLUG) Intangibles (2010 - 2026) Analysis & Trends
At the end of FY2025, Plug Power's Intangibles came in at $29.23 million, down 65.5% from FY2024.
- Annual Intangibles has declined for three consecutive years, with a five-year compound annual growth rate of -5.7% (FY2020 to FY2025).
- In prior years, Plug Power's Intangibles was $84.66 million in FY2024 (-55.2%), $188.89 million in FY2023 (-9.1%), $207.73 million in FY2022 (+31.3%) and $158.21 million in FY2021 (+303.1%).
- The Q2 2026 figure stands as the lowest quarterly Intangibles since Q1 2020.
- On a year-over-year basis, Intangibles has declined in each of the last 14 quarters, with an average decline of 56.9% over the last eight quarters.
- The strongest year-over-year quarter for Intangibles in the past five years was Q1 2022, with growth of 453.2%; the weakest was Q3 2025, with a decline of 83.9%.
- According to Business Quant data, Intangibles for the three prior quarters was $28.23 million (Q1 2026), $29.23 million (Q4 2025) and $28.23 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | 27.29 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | - |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | - |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | 18.78 Mn |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | 9.65 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | 71.59 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | - |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | - |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | 1.93 Mn |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.29 Mn |
| Mar 31, 2026 | 28.23 Mn |
| Dec 31, 2025 | 29.23 Mn |
| Sep 30, 2025 | 28.23 Mn |
| Jun 30, 2025 | 81.04 Mn |
| Mar 31, 2025 | 82.78 Mn |
| Dec 31, 2024 | 84.66 Mn |
| Sep 30, 2024 | 175.01 Mn |
| Jun 30, 2024 | 178.34 Mn |
| Mar 31, 2024 | 183.33 Mn |
| Dec 31, 2023 | 188.89 Mn |
| Sep 30, 2023 | 193.18 Mn |
| Jun 30, 2023 | 199.08 Mn |
| Mar 31, 2023 | 203.74 Mn |
| Dec 31, 2022 | 207.73 Mn |
| Sep 30, 2022 | 195.65 Mn |
| Jun 30, 2022 | 204.21 Mn |
| Mar 31, 2022 | 212.41 Mn |
| Dec 31, 2021 | 158.21 Mn |
| Sep 30, 2021 | 37.64 Mn |
Plug Power Intangibles API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=intangibles&ticker=PLUG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=intangibles&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();