Plug Power (PLUG) Intangibles (2010 - 2026)
Plug Power (PLUG) posted quarterly 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 reported Intangibles for 17 consecutive years, with $28.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles fell 65.9% year-over-year to $28.2 million; the TTM figure through Mar 2026 stood at $28.2 million (down 65.9% YoY), while the FY2025 annual figure was $29.2 million, down 65.48% from the prior year.
- Intangibles fell to $28.2 million in Q1 2026 per PLUG's latest filing, from $29.2 million in the prior quarter.
- Across five years, Intangibles topped out at $212.4 million in Q1 2022 and bottomed at $28.2 million in Q3 2025.
- Historically, Intangibles has averaged $145.6 million across 5 years, with a median of $183.3 million in 2024.
- Annual changes were most pronounced in 2022 — Intangibles soared 453.24% — and 2025, when it plunged 83.87%.
- Plug Power's Intangibles stood at $207.7 million in 2022, then declined by 9.07% to $188.9 million in 2023, then plunged by 55.18% to $84.7 million in 2024, then plunged by 65.48% to $29.2 million in 2025, then retreated 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 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 1.80 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | - |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.79 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 3.19 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 298.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.03 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 5.40 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 334.24 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 736.00 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 27.29 Mn |
Historic Data
Download 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 |