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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |