Plug Power (PLUG) Minority Interest (2024 - 2026)

Plug Power's (PLUG) quarterly Minority Interest came in at $24.1 million in Q1 2026, down 68.06% year-on-year from $75.4 million in Q1 2025, and down 4.62% on a QoQ basis from $25.2 million in Q4 2025.

Plug Power (PLUG) Minority Interest (2024 - 2026) Analysis & Trends

Plug Power (PLUG) has 3 years of Minority Interest data on file, last reported at $24.1 million in Q1 2026.

  • On a quarterly basis, Minority Interest fell 68.06% year-over-year to $24.1 million in Q1 2026; TTM through Mar 2026 was $24.1 million, a 68.06% decrease from a year earlier, with the FY2025 full-year figure at $25.2 million, down 65.71% from the prior year.
  • Minority Interest for Q1 2026 stood at $24.1 million, down from $25.2 million in the prior quarter.
  • Over the last five years, Minority Interest for PLUG reached as high as $82.9 million in Q2 2025 and fell as low as $24.1 million in Q1 2026.
  • Historically, Minority Interest has averaged $60.5 million across 3 years, with a median of $74.5 million in 2024.
  • Across the five-year window, Minority Interest slumped 65.71% in 2025 and slumped 68.06% in 2026, its largest moves.
  • Year by year, Minority Interest stood at $73.6 million in 2024, then slumped by 65.71% to $25.2 million in 2025, then declined by 4.62% to $24.1 million in 2026.
  • Per Business Quant data, the three most recent Minority Interest figures were $24.1 million in Q1 2026, $25.2 million in Q4 2025, and $82.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 24.08 Mn
Dec 31, 2025 25.25 Mn
Sep 30, 2025 81.99 Mn
Jun 30, 2025 82.89 Mn
Mar 31, 2025 75.39 Mn
Dec 31, 2024 73.62 Mn