Plug Power PLUG
NASDAQ PLUG
$2.17 -0.09 (-3.97%)
As of: Sep 9, 2026 · 3:59 PM EDT

Plug Power (PLUG) Market Capitalization (2010 - 2026)

Plug Power's (PLUG) quarterly Market Capitalization came in at $3.8 billion in Q2 2026, up 120.05% year-over-year from $1.7 billion in Q2 2025, and up 20.09% quarter-over-quarter from $3.2 billion in Q1 2026.

Analysis

Plug Power (PLUG) Market Capitalization (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has reported Market Capitalization for 17 consecutive years, with $3.8 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Market Capitalization rose 120.05% year-over-year to $3.8 billion in Q2 2026; TTM through Jun 2026 was $3.8 billion, a 120.05% increase from a year earlier, with the FY2025 full-year figure at $2.3 billion, up 14.63% from the prior year.
  • Market Capitalization was $3.8 billion for Q2 2026 at Plug Power, up from $3.2 billion in the prior quarter.
  • Over five years, Market Capitalization peaked at $16.5 billion in Q1 2022 and troughed at $1.5 billion in Q1 2025.
  • A 5-year average of $5.0 billion and a median of $3.1 billion in 2026 frame the typical range for Market Capitalization.
  • Across the five-year window, Market Capitalization slumped 67.23% in 2024 and soared 120.05% in 2026, its largest moves.
  • Over 5 years, Market Capitalization stood at $7.3 billion in 2022, then plunged by 58.05% to $3.1 billion in 2023, then tumbled by 36.0% to $2.0 billion in 2024, then rose by 14.63% to $2.3 billion in 2025, then soared by 67.62% to $3.8 billion in 2026.
  • The last three Market Capitalization figures came in at $3.8 billion (Q2 2026), $3.2 billion (Q1 2026), and $2.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Plug Power 3.03 Bn 2.72 Bn -1.68 Mn
2 NewHydrogen 16.29 Mn 16.29 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.79 Bn
Mar 31, 2026 3.15 Bn
Dec 31, 2025 2.26 Bn
Sep 30, 2025 2.70 Bn
Jun 30, 2025 1.72 Bn
Mar 31, 2025 1.46 Bn
Dec 31, 2024 1.97 Bn
Sep 30, 2024 2.06 Bn
Jun 30, 2024 2.05 Bn
Mar 31, 2024 2.55 Bn
Dec 31, 2023 3.08 Bn
Sep 30, 2023 4.60 Bn
Jun 30, 2023 6.25 Bn
Mar 31, 2023 7.04 Bn
Dec 31, 2022 7.34 Bn
Sep 30, 2022 12.25 Bn
Jun 30, 2022 9.59 Bn
Mar 31, 2022 16.54 Bn
Dec 31, 2021 16.31 Bn
Sep 30, 2021 14.72 Bn