Plug Power (PLUG) Liabilities and Shareholders Equity (2010 - 2026)
Plug Power's (PLUG) quarterly Liabilities and Shareholders Equity came in at $2.4 billion in Q1 2026, down 34.82% year-on-year from $3.6 billion in Q1 2025, and down 8.73% on a QoQ basis 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.
- On a quarterly basis, Liabilities and Shareholders Equity fell 34.82% year-over-year to $2.4 billion in Q1 2026; TTM through Mar 2026 was $11.4 billion, a 31.78% decrease from a year earlier, with the FY2025 full-year figure at $2.6 billion, down 27.99% from the prior year.
- Liabilities and Shareholders Equity for Q1 2026 stood at $2.4 billion, down from $2.6 billion in the prior quarter.
- Over the last five years, Liabilities and Shareholders Equity for PLUG reached as high as $5.9 billion in Q3 2022 and fell as low as $2.4 billion in Q1 2026.
- Historically, Liabilities and Shareholders Equity has averaged $4.6 billion across 5 years, with a median of $4.8 billion in 2024.
- Across the five-year window, Liabilities and Shareholders Equity advanced 2.07% in 2022 and plunged 34.82% in 2026, its largest moves.
- Year by year, Liabilities and Shareholders Equity stood at $5.8 billion in 2022, then retreated by 14.95% to $4.9 billion in 2023, then declined by 26.51% to $3.6 billion in 2024, then fell by 27.99% to $2.6 billion in 2025, then fell by 8.73% to $2.4 billion in 2026.
- Per Business Quant data, the three most recent Liabilities and Shareholders Equity figures were $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 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 106.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 13.40 Bn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 4.66 Bn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 8.42 Bn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 6.96 Bn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 2.59 Bn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 4.64 Bn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 1.18 Bn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 4.00 Bn |
| 10 | Plug Power | 3.06 Bn | 2.67 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 |