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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.

  • Quarterly Inventory fell 23.68% to $521.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $521.0 million through Dec 2025, down 23.68% year-over-year, with the annual reading at $521.0 million for FY2025, 23.68% down from the prior year.
  • Inventory for Q4 2025 was $521.0 million at Plug Power, down from $555.1 million in the prior quarter.
  • The five-year high for Inventory was $1.0 billion in Q3 2023, with the low at $187.7 million in Q1 2021.
  • Average Inventory over 5 years is $619.2 million, with a median of $644.8 million recorded in 2022.
  • The sharpest move saw Inventory surged 139.87% in 2022, then crashed 37.33% in 2025.
  • Over 5 years, Inventory stood at $269.2 million in 2021, then soared by 139.87% to $645.6 million in 2022, then surged by 48.88% to $961.3 million in 2023, then dropped by 28.98% to $682.6 million in 2024, then decreased by 23.68% to $521.0 million in 2025.
  • According to Business Quant data, Inventory over the past three periods came in at $521.0 million, $555.1 million, and $643.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.