Growth Metrics

Plug Power (PLUG) Long-Term Debt Issuances (2013 - 2025)

Plug Power (PLUG) reported Long-Term Debt Issuances of $150.6 million for Q4 2025, up 2465.3% year-over-year from $5.9 million in Q4 2024, and up 201.97% on a QoQ basis from $49.9 million in Q3 2025.

Plug Power (PLUG) has 12 years of Long-Term Debt Issuances data on file, last reported at $150.6 million in Q4 2025.

  • Quarterly Long-Term Debt Issuances rose 2465.3% year-over-year to $150.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $220.3 million (up 168.07% YoY) and the FY2025 annual result came in at $400.0 million, up 563.47% from the prior year.
  • Long-Term Debt Issuances advanced to $150.6 million in Q4 2025 per PLUG's latest filing, from $49.9 million in the prior quarter.
  • Across five years, Long-Term Debt Issuances topped out at $150.6 million in Q4 2025 and bottomed at $5.9 million in Q4 2024.
  • The 5-year median for Long-Term Debt Issuances is $21.5 million (2021), against an average of $36.2 million.
  • Peak annual rise in Long-Term Debt Issuances reached 1064500.0% in 2021, while the deepest fall reached 89.04% in 2021.
  • Tracing PLUG's Long-Term Debt Issuances over 5 years: stood at $55.5 million in 2021, then declined by 29.87% to $38.9 million in 2022, then slumped by 64.05% to $14.0 million in 2023, then tumbled by 58.02% to $5.9 million in 2024, then jumped by 2465.3% to $150.6 million in 2025.
  • Per Business Quant, the three latest PLUG Long-Term Debt Issuances figures stand at $150.6 million (Q4 2025), $49.9 million (Q3 2025), and $5.9 million (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Long-Term Debt Issuances (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 2.10 Bn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 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 -
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn -
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn -
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn -

Historic Data

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DateValue
Dec 31, 2025 150.61 Mn
Dec 31, 2025 150.61 Mn
Sep 30, 2025 49.88 Mn
Sep 30, 2025 49.88 Mn
Dec 31, 2024 5.87 Mn
Dec 31, 2024 5.87 Mn
Dec 31, 2023 13.99 Mn
Dec 31, 2023 13.99 Mn
Sep 30, 2023 12.68 Mn
Sep 30, 2023 12.68 Mn
Jun 30, 2023 49.66 Mn
Jun 30, 2023 49.66 Mn
Mar 31, 2023 27.93 Mn
Mar 31, 2023 27.93 Mn
Dec 31, 2022 38.91 Mn
Dec 31, 2022 38.91 Mn
Sep 30, 2022 48.93 Mn
Sep 30, 2022 48.93 Mn
Jun 30, 2022 17.78 Mn
Jun 30, 2022 17.78 Mn
Mar 31, 2022 17.27 Mn
Mar 31, 2022 17.27 Mn
Dec 31, 2021 55.48 Mn
Dec 31, 2021 55.48 Mn
Sep 30, 2021 21.29 Mn
Sep 30, 2021 21.29 Mn
Jun 30, 2021 21.50 Mn
Jun 30, 2021 21.50 Mn
Mar 31, 2021 10.66 Mn
Mar 31, 2021 10.66 Mn
Dec 31, 2020 -139.84 Mn
Dec 31, 2020 -139.84 Mn
Sep 30, 2020 -2,000.00
Sep 30, 2020 -2,000.00
Jun 30, 2020 196.08 Mn
Jun 30, 2020 196.08 Mn
Mar 31, 2020 9.02 Mn
Mar 31, 2020 9.02 Mn
Dec 31, 2019 -54.98 Mn
Dec 31, 2019 -54.98 Mn
Sep 30, 2019 39.10 Mn
Sep 30, 2019 39.10 Mn
Jun 30, 2019 14.79 Mn
Jun 30, 2019 14.79 Mn
Mar 31, 2019 84.76 Mn
Mar 31, 2019 84.76 Mn
Jun 30, 2018 43.50 Mn
Jun 30, 2018 43.50 Mn
Mar 31, 2018 52.36 Mn
Mar 31, 2018 52.36 Mn
Sep 30, 2017 19.53 Mn
Sep 30, 2017 19.53 Mn
Dec 31, 2016 23.99 Mn
Dec 31, 2016 23.99 Mn
Sep 30, 2016 -468,000.00
Sep 30, 2016 -468,000.00
Dec 31, 2015 7.83 Mn
Dec 31, 2015 7.83 Mn
Mar 31, 2013 2.60 Mn
Mar 31, 2013 2.60 Mn