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

Plug Power (PLUG) reported Minority Interest of $24.1 million for Q1 2026, down 68.06% year-over-year from $75.4 million in Q1 2025, and down 4.62% quarter-over-quarter 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.

  • Minority Interest for Q1 2026 came in at $24.1 million, down 68.06% year-over-year; the trailing twelve-month figure through Mar 2026 was $24.1 million (down 68.06% YoY), and the FY2025 annual result was $25.2 million, down 65.71% from the prior year.
  • Minority Interest fell to $24.1 million in Q1 2026 per PLUG's latest filing, from $25.2 million in the prior quarter.
  • Over five years, Minority Interest peaked at $82.9 million in Q2 2025 and troughed at $24.1 million in Q1 2026.
  • A 3-year average of $60.5 million and a median of $74.5 million in 2024 frame the typical range for Minority Interest.
  • The sharpest annual moves came in 2025 and 2026: Minority Interest plunged 65.71% in 2025, then plunged 68.06% in 2026.
  • A 3-year view of Minority Interest shows it stood at $73.6 million in 2024, then sank by 65.71% to $25.2 million in 2025, then decreased by 4.62% to $24.1 million in 2026.
  • Business Quant data shows PLUG's Minority Interest at $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 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Plug Power 3.75 Bn 3.37 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