Plug Power PLUG
NASDAQ PLUG
$2.17 -0.09 (-3.97%)
As of: Sep 9, 2026 · 3:59 PM EDT

Plug Power (PLUG) Interest Expenses (2020 - 2026)

Plug Power's (PLUG) quarterly Interest Expenses came in at $16.9 million in Q2 2026, up 5.97% year-over-year from $15.9 million in Q2 2025, and down 2.66% quarter-over-quarter from $17.4 million in Q1 2026.

Analysis

Plug Power (PLUG) Interest Expenses (2020 - 2026) Analysis & Trends

Plug Power (PLUG) has reported Interest Expenses for 7 consecutive years, with $16.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Expenses rose 5.97% year-over-year to $16.9 million in Q2 2026; TTM through Jun 2026 was $71.9 million, a 35.21% increase from a year earlier, with the FY2025 full-year figure at $65.1 million, up 39.69% from the prior year.
  • Interest Expenses was $16.9 million for Q2 2026 at Plug Power, down from $17.4 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $21.2 million in Q4 2025 and troughed at $8.6 million in Q1 2022.
  • A 5-year average of $12.8 million and a median of $11.4 million in 2023 frame the typical range for Interest Expenses.
  • Across the five-year window, Interest Expenses retreated 29.88% in 2022 and soared 79.94% in 2025, its largest moves.
  • Over 5 years, Interest Expenses stood at $10.2 million in 2022, then advanced by 12.96% to $11.5 million in 2023, then soared by 44.88% to $16.6 million in 2024, then gained by 27.67% to $21.2 million in 2025, then retreated by 20.49% to $16.9 million in 2026.
  • The last three Interest Expenses figures came in at $16.9 million (Q2 2026), $17.4 million (Q1 2026), and $21.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Plug Power 3.04 Bn 2.72 Bn -1.68 Mn 16.89 Mn
2 NewHydrogen 12.64 Mn 12.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.89 Mn
Mar 31, 2026 17.35 Mn
Dec 31, 2025 21.24 Mn
Sep 30, 2025 16.46 Mn
Jun 30, 2025 15.94 Mn
Mar 31, 2025 11.49 Mn
Dec 31, 2024 16.64 Mn
Sep 30, 2024 9.15 Mn
Jun 30, 2024 9.51 Mn
Mar 31, 2024 11.33 Mn
Dec 31, 2023 11.48 Mn
Sep 30, 2023 11.80 Mn
Jun 30, 2023 11.27 Mn
Mar 31, 2023 10.65 Mn
Dec 31, 2022 10.17 Mn
Sep 30, 2022 9.02 Mn
Jun 30, 2022 11.20 Mn
Mar 31, 2022 8.65 Mn
Dec 31, 2021 9.67 Mn
Sep 30, 2021 9.51 Mn