Plug Power (PLUG) Inventory Average (2011 - 2026)

Plug Power (PLUG) has 16 years of Inventory Average data on file, last reported at $518.6 million in Q1 2026.

• Quarterly Inventory Average fell 24.63% year-over-year to $518.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $518.6 million (down 24.63% YoY) and the FY2025 annual result came in at $601.8 million, down 26.78% from the prior year.
• Inventory Average eased to $518.6 million in Q1 2026 per PLUG's latest filing, from $538.0 million in the prior quarter.
• Across five years, Inventory Average topped out at $992.7 million in Q4 2023 and bottomed at $301.3 million in Q1 2022.
• The 5-year median for Inventory Average is $688.1 million (2025), against an average of $698.8 million.
• The widest annual swing landed in 2023, when Inventory Average surged 135.88%; it then sank 34.31% in 2025.
• Tracing PLUG's Inventory Average over 5 years: stood at $581.0 million in 2022, then soared by 70.88% to $992.7 million in 2023, then dropped by 21.01% to $784.2 million in 2024, then plunged by 31.39% to $538.0 million in 2025, then dropped by 3.62% to $518.6 million in 2026.
• Per Business Quant, the three latest PLUG Inventory Average figures stand at $518.6 million (Q1 2026), $538.0 million (Q4 2025), and $599.5 million (Q3 2025).

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