Plug Power (PLUG) Inventory Average (2011 - 2026)
Plug Power's (PLUG) quarterly Inventory Average came in at $504.8 million in Q2 2026, down 24.51% year-over-year from $668.7 million in Q2 2025, and down 2.65% quarter-over-quarter from $518.6 million in Q1 2026.
Analysis
Plug Power (PLUG) Inventory Average (2011 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Inventory Average for 16 consecutive years, with $504.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average fell 24.51% year-over-year to $504.8 million in Q2 2026; TTM through Jun 2026 was $504.8 million, a 24.51% decrease from a year earlier, with the FY2025 full-year figure at $601.8 million, down 26.78% from the prior year.
- Inventory Average was $504.8 million for Q2 2026 at Plug Power, down from $518.6 million in the prior quarter.
- Over five years, Inventory Average peaked at $992.7 million in Q4 2023 and troughed at $301.3 million in Q1 2022.
- A 5-year average of $688.1 million and a median of $678.4 million in 2025 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average soared 135.88% in 2023 and plunged 34.31% in 2025, its largest moves.
- Over 5 years, Inventory Average stood at $581.0 million in 2022, then jumped by 70.88% to $992.7 million in 2023, then declined by 21.01% to $784.2 million in 2024, then tumbled by 31.39% to $538.0 million in 2025, then retreated by 6.18% to $504.8 million in 2026.
- The last three Inventory Average figures came in at $504.8 million (Q2 2026), $518.6 million (Q1 2026), and $538.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.93 Bn | 2.62 Bn | -1.68 Mn | 504.80 Mn |
| 2 | NewHydrogen | 12.64 Mn | 12.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 504.80 Mn |
| Mar 31, 2026 | 518.56 Mn |
| Dec 31, 2025 | 538.03 Mn |
| Sep 30, 2025 | 599.51 Mn |
| Jun 30, 2025 | 668.70 Mn |
| Mar 31, 2025 | 688.06 Mn |
| Dec 31, 2024 | 784.20 Mn |
| Sep 30, 2024 | 912.65 Mn |
| Jun 30, 2024 | 957.72 Mn |
| Mar 31, 2024 | 968.58 Mn |
| Dec 31, 2023 | 992.73 Mn |
| Sep 30, 2023 | 964.25 Mn |
| Jun 30, 2023 | 839.97 Mn |
| Mar 31, 2023 | 710.64 Mn |
| Dec 31, 2022 | 580.96 Mn |
| Sep 30, 2022 | 472.91 Mn |
| Jun 30, 2022 | 381.46 Mn |
| Mar 31, 2022 | 301.27 Mn |
| Dec 31, 2021 | 249.49 Mn |
| Sep 30, 2021 | 219.82 Mn |