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

Plug Power (PLUG) Inventory (2010 - 2026)

Plug Power's (PLUG) quarterly Inventory came in at $493.4 million in Q2 2026, down 23.37% year-over-year from $643.9 million in Q2 2025, and down 4.4% quarter-over-quarter from $516.2 million in Q1 2026.

Analysis

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

Plug Power (PLUG) has reported Inventory for 17 consecutive years, with $493.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Inventory fell 23.37% year-over-year to $493.4 million in Q2 2026; TTM through Jun 2026 was $493.4 million, a 23.37% decrease from a year earlier, with the FY2025 full-year figure at $521.0 million, down 23.68% from the prior year.
  • Inventory was $493.4 million for Q2 2026 at Plug Power, down from $516.2 million in the prior quarter.
  • Over five years, Inventory peaked at $1.0 billion in Q3 2023 and troughed at $333.4 million in Q1 2022.
  • A 5-year average of $694.3 million and a median of $664.1 million in 2022 frame the typical range for Inventory.
  • Across the five-year window, Inventory soared 139.87% in 2022 and sank 37.33% in 2025, its largest moves.
  • Over 5 years, Inventory stood at $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 declined by 23.68% to $521.0 million in 2025, then decreased by 5.28% to $493.4 million in 2026.
  • The last three Inventory figures came in at $493.4 million (Q2 2026), $516.2 million (Q1 2026), and $521.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Plug Power 3.04 Bn 2.72 Bn -1.68 Mn 493.45 Mn
2 NewHydrogen 12.64 Mn 12.64 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 493.45 Mn
Mar 31, 2026 516.15 Mn
Dec 31, 2025 520.97 Mn
Sep 30, 2025 555.09 Mn
Jun 30, 2025 643.93 Mn
Mar 31, 2025 693.47 Mn
Dec 31, 2024 682.64 Mn
Sep 30, 2024 885.76 Mn
Jun 30, 2024 939.53 Mn
Mar 31, 2024 975.90 Mn
Dec 31, 2023 961.25 Mn
Sep 30, 2023 1.02 Bn
Jun 30, 2023 904.29 Mn
Mar 31, 2023 775.65 Mn
Dec 31, 2022 645.64 Mn
Sep 30, 2022 516.28 Mn
Jun 30, 2022 429.55 Mn
Mar 31, 2022 333.38 Mn
Dec 31, 2021 269.16 Mn
Sep 30, 2021 229.81 Mn