Plug Power (PLUG) Intangibles (2010 - 2026)

Plug Power (PLUG) reported Intangibles of $28.2 million for Q1 2026, down 65.9% year-over-year from $82.8 million in Q1 2025, and down 3.41% quarter-over-quarter from $29.2 million in Q4 2025.

Plug Power (PLUG) Intangibles (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Intangibles data on file, last reported at $28.2 million in Q1 2026.

  • Intangibles for Q1 2026 came in at $28.2 million, down 65.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $28.2 million (down 65.9% YoY), and the FY2025 annual result was $29.2 million, down 65.48% from the prior year.
  • Intangibles slipped to $28.2 million in Q1 2026 per PLUG's latest filing, from $29.2 million in the prior quarter.
  • Over five years, Intangibles peaked at $212.4 million in Q1 2022 and troughed at $28.2 million in Q3 2025.
  • A 5-year average of $145.6 million and a median of $183.3 million in 2024 frame the typical range for Intangibles.
  • The sharpest annual moves came in 2022 and 2025: Intangibles soared 453.24% in 2022, then plunged 83.87% in 2025.
  • A 5-year view of Intangibles shows it stood at $207.7 million in 2022, then dropped by 9.07% to $188.9 million in 2023, then tumbled by 55.18% to $84.7 million in 2024, then tumbled by 65.48% to $29.2 million in 2025, then fell by 3.41% to $28.2 million in 2026.
  • Business Quant data shows PLUG's Intangibles at $28.2 million in Q1 2026, $29.2 million in Q4 2025, and $28.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Intangibles (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - 11.98 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 1.81 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 1.83 Bn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 1.37 Bn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 112.40 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 5.61 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn 248,000.00
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 1.06 Bn
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn 28.23 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 38.05 Mn