Plug Power (PLUG) Liabilities and Shareholders Equity (2010 - 2026)
Plug Power (PLUG) reported Liabilities and Shareholders Equity of $2.4 billion for Q1 2026, down 34.82% year-over-year from $3.6 billion in Q1 2025, and down 8.73% quarter-over-quarter from $2.6 billion in Q4 2025.
Plug Power (PLUG) Liabilities and Shareholders Equity (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Liabilities and Shareholders Equity data on file, last reported at $2.4 billion in Q1 2026.
- Liabilities and Shareholders Equity for Q1 2026 came in at $2.4 billion, down 34.82% year-over-year; the trailing twelve-month figure through Mar 2026 was $11.4 billion (down 31.78% YoY), and the FY2025 annual result was $2.6 billion, down 27.99% from the prior year.
- Liabilities and Shareholders Equity fell to $2.4 billion in Q1 2026 per PLUG's latest filing, from $2.6 billion in the prior quarter.
- Over five years, Liabilities and Shareholders Equity peaked at $5.9 billion in Q3 2022 and troughed at $2.4 billion in Q1 2026.
- A 5-year average of $4.6 billion and a median of $4.8 billion in 2024 frame the typical range for Liabilities and Shareholders Equity.
- The sharpest annual moves came in 2022 and 2026: Liabilities and Shareholders Equity grew 2.07% in 2022, then slumped 34.82% in 2026.
- A 5-year view of Liabilities and Shareholders Equity shows it stood at $5.8 billion in 2022, then dropped by 14.95% to $4.9 billion in 2023, then decreased by 26.51% to $3.6 billion in 2024, then slipped by 27.99% to $2.6 billion in 2025, then slipped by 8.73% to $2.4 billion in 2026.
- Business Quant data shows PLUG's Liabilities and Shareholders Equity at $2.4 billion in Q1 2026, $2.6 billion in Q4 2025, and $3.1 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Liabilities and Shareholders Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | 282.92 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 13.40 Bn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 4.66 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 6.96 Bn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 8.42 Bn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 2.59 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 1.18 Bn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 682.39 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 4.56 Bn |
| 10 | Plug Power | 3.75 Bn | 3.37 Bn | -21.61 Mn | 2.37 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.37 Bn |
| Dec 31, 2025 | 2.59 Bn |
| Sep 30, 2025 | 3.10 Bn |
| Jun 30, 2025 | 3.35 Bn |
| Mar 31, 2025 | 3.63 Bn |
| Dec 31, 2024 | 3.60 Bn |
| Sep 30, 2024 | 4.72 Bn |
| Jun 30, 2024 | 4.78 Bn |
| Mar 31, 2024 | 4.85 Bn |
| Dec 31, 2023 | 4.90 Bn |
| Sep 30, 2023 | 5.45 Bn |
| Jun 30, 2023 | 5.58 Bn |
| Mar 31, 2023 | 5.65 Bn |
| Dec 31, 2022 | 5.76 Bn |
| Sep 30, 2022 | 5.86 Bn |
| Jun 30, 2022 | 5.73 Bn |
| Mar 31, 2022 | 5.80 Bn |
| Dec 31, 2021 | 5.95 Bn |
| Sep 30, 2021 | 5.74 Bn |
| Jun 30, 2021 | 5.79 Bn |