Plug Power (PLUG) Leases (2012 - 2026)
Plug Power (PLUG) reported Leases of $170.2 million for Q1 2026, up 235.55% year-over-year from $50.7 million in Q1 2025, and down 6.59% on a QoQ basis from $182.2 million in Q4 2025.
Plug Power (PLUG) has 14 years of Leases data on file, last reported at $170.2 million in Q1 2026.
- Quarterly Leases rose 235.55% year-over-year to $170.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $170.2 million (up 235.55% YoY) and the FY2025 annual result came in at $182.2 million, up 251.75% from the prior year.
- Leases eased to $170.2 million in Q1 2026 per PLUG's latest filing, from $182.2 million in the prior quarter.
- Across five years, Leases topped out at $404.6 million in Q3 2023 and bottomed at $40.1 million in Q1 2022.
- The 5-year median for Leases is $57.3 million (2023), against an average of $125.8 million.
- The widest annual swing landed in 2023, when Leases surged 664.83%; it then slumped 86.97% in 2025.
- Tracing PLUG's Leases over 5 years: stood at $53.7 million in 2022, then climbed by 6.7% to $57.3 million in 2023, then decreased by 9.6% to $51.8 million in 2024, then surged by 251.75% to $182.2 million in 2025, then slipped by 6.59% to $170.2 million in 2026.
- Per Business Quant, the three latest PLUG Leases figures stand at $170.2 million (Q1 2026), $182.2 million (Q4 2025), and $191.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 330.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 109.40 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 132.80 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | - |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 102.00 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 1.96 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 101.90 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 70.66 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 170.19 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 4.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 170.19 Mn |
| Dec 31, 2025 | 182.21 Mn |
| Sep 30, 2025 | 191.52 Mn |
| Jun 30, 2025 | 215.31 Mn |
| Mar 31, 2025 | 50.72 Mn |
| Dec 31, 2024 | 51.80 Mn |
| Sep 30, 2024 | 52.90 Mn |
| Jun 30, 2024 | 54.74 Mn |
| Mar 31, 2024 | 389.20 Mn |
| Dec 31, 2023 | 57.30 Mn |
| Sep 30, 2023 | 404.60 Mn |
| Jun 30, 2023 | 62.70 Mn |
| Mar 31, 2023 | 62.40 Mn |
| Dec 31, 2022 | 53.70 Mn |
| Sep 30, 2022 | 52.90 Mn |
| Jun 30, 2022 | 47.10 Mn |
| Mar 31, 2022 | 40.07 Mn |
| Dec 31, 2021 | 32.50 Mn |
| Sep 30, 2021 | 22.04 Mn |
| Jun 30, 2021 | 16.93 Mn |
| Mar 31, 2021 | 11.27 Mn |
| Dec 31, 2020 | 5.72 Mn |
| Sep 30, 2020 | 90.18 Mn |
| Jun 30, 2020 | 71.79 Mn |
| Mar 31, 2020 | 64.81 Mn |
| Dec 31, 2019 | 63.27 Mn |
| Sep 30, 2019 | 1.72 Mn |
| Jun 30, 2019 | 39.68 Mn |
| Mar 31, 2019 | 1.73 Mn |
| Dec 31, 2018 | 146.75 Mn |
| Sep 30, 2018 | 130.02 Mn |
| Jun 30, 2018 | 95.62 Mn |
| Mar 31, 2018 | 88.17 Mn |
| Dec 31, 2017 | 87.07 Mn |
| Sep 30, 2017 | 75.34 Mn |
| Jun 30, 2017 | 70.29 Mn |
| Mar 31, 2017 | 61.86 Mn |
| Dec 31, 2016 | 54.06 Mn |
| Sep 30, 2016 | 42.62 Mn |
| Jun 30, 2016 | 27.25 Mn |
| Mar 31, 2016 | 13.24 Mn |
| Dec 31, 2015 | 1.67 Mn |
| Dec 31, 2013 | 2.45 Mn |
| Jun 30, 2013 | 2.71 Mn |
| Mar 31, 2013 | 2.84 Mn |
| Dec 31, 2012 | 2.97 Mn |