Plug Power (PLUG) Long-Term Debt Issuances (2013 - 2025)
Plug Power's Long-Term Debt Issuances came in at $150.61 million for Q4 2025, up 11.1% from $135.58 million a year earlier and up 202.0% from the prior quarter.
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Analysis
Plug Power (PLUG) Long-Term Debt Issuances (2013 - 2025) Analysis & Trends
For FY2025, Plug Power's Long-Term Debt Issuances was $399.98 million, up 110.5% from FY2024.
- Long-Term Debt Issuances carries a five-year compound annual growth rate of 14.3% (FY2020 to FY2025).
- Going back by year, Long-Term Debt Issuances was $190 million in FY2024 (+82.3%), $104.25 million in FY2023 (-15.2%), $122.89 million in FY2022 (+12.8%) and $108.93 million in FY2021 (-46.9%).
- The Q4 2025 figure represents the highest quarterly Long-Term Debt Issuances since Q2 2020.
- The fastest year-over-year change in Long-Term Debt Issuances over five years came in Q4 2024 (growth of 869.4%), and the weakest in Q2 2021 (a decline of 89.0%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | LT Debt Issuance (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.64 Bn | 1.73 Bn | -1.68 Mn | - |
| 2 | Rex American Resources | 1.45 Bn | 95.61 Mn | 53.30 Mn | - |
| 3 | Green Plains | 1.05 Bn | 447.15 Mn | 113.03 Mn | - |
| 4 | Montauk Renewables | 399.65 Mn | 327.43 Mn | - | - |
| 5 | Clean Energy Fuels | 345.96 Mn | -309.83 Mn | 30.14 Mn | - |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | - |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | - |
| 8 | Aemetis | 124.64 Mn | 108.40 Mn | 13.52 Mn | 5.48 Mn |
| 9 | Verde Clean Fuels | 48.56 Mn | -149.91 Mn | - | - |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 150.61 Mn |
| Sep 30, 2025 | 49.88 Mn |
| Dec 31, 2024 | 135.58 Mn |
| Dec 31, 2023 | 13.99 Mn |
| Sep 30, 2023 | 12.68 Mn |
| Jun 30, 2023 | 49.66 Mn |
| Mar 31, 2023 | 27.93 Mn |
| Dec 31, 2022 | 38.91 Mn |
| Sep 30, 2022 | 48.93 Mn |
| Jun 30, 2022 | 17.78 Mn |
| Mar 31, 2022 | 17.27 Mn |
| Dec 31, 2021 | 55.48 Mn |
| Sep 30, 2021 | 21.29 Mn |
| Jun 30, 2021 | 21.50 Mn |
| Mar 31, 2021 | 10.66 Mn |
| Sep 30, 2020 | -2,000.00 |
| Jun 30, 2020 | 196.08 Mn |
| Mar 31, 2020 | 9.02 Mn |
| Dec 31, 2019 | 19.69 Mn |
| Sep 30, 2019 | -50,000.00 |
API Access
Plug Power Long-Term Debt Issuances API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-debt-issuances", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=long-term-debt-issuances&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();