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| Date | Value |
|---|---|
| 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 |