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Plug Power (PLUG) Inventory (2016 - 2025)

Plug Power (PLUG) has disclosed Inventory for 16 consecutive years, with $521.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Inventory fell 23.68% to $521.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $521.0 million, a 23.68% decrease, with the full-year FY2025 number at $521.0 million, down 23.68% from a year prior.
  • Inventory was $521.0 million for Q4 2025 at Plug Power, down from $555.1 million in the prior quarter.
  • In the past five years, Inventory ranged from a high of $1.0 billion in Q3 2023 to a low of $187.7 million in Q1 2021.
  • A 5-year average of $619.2 million and a median of $644.8 million in 2022 define the central range for Inventory.
  • Peak YoY movement for Inventory: skyrocketed 139.87% in 2022, then tumbled 37.33% in 2025.
  • Plug Power's Inventory stood at $269.2 million in 2021, then surged by 139.87% to $645.6 million in 2022, then skyrocketed by 48.88% to $961.3 million in 2023, then fell by 28.98% to $682.6 million in 2024, then dropped by 23.68% to $521.0 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Inventory are $521.0 million (Q4 2025), $555.1 million (Q3 2025), and $643.9 million (Q2 2025).