Growth Metrics

Plug Power (PLUG) Net Income (2016 - 2025)

Plug Power (PLUG) has disclosed Net Income for 16 consecutive years, with -$904.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Net Income rose 32.27% to -$904.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was -$1.7 billion, a 19.54% increase, with the full-year FY2025 number at -$1.7 billion, up 19.54% from a year prior.
  • Net Income was -$904.6 million for Q4 2025 at Plug Power, down from -$363.5 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of -$60.7 million in Q1 2021 to a low of -$1.3 billion in Q4 2024.
  • A 5-year average of -$317.6 million and a median of -$217.2 million in 2022 define the central range for Net Income.
  • Biggest YoY gain for Net Income was 60.15% in 2021; the steepest drop was 959.82% in 2021.
  • Plug Power's Net Income stood at -$192.9 million in 2021, then dropped by 15.75% to -$223.3 million in 2022, then crashed by 187.69% to -$642.4 million in 2023, then plummeted by 107.91% to -$1.3 billion in 2024, then soared by 32.27% to -$904.6 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Net Income are -$904.6 million (Q4 2025), -$363.5 million (Q3 2025), and -$228.7 million (Q2 2025).