Growth Metrics

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

Historic Net Margin for Plug Power (PLUG) over the last 17 years, with Q3 2025 value amounting to 205.31%.

  • Plug Power's Net Margin fell 837600.0% to 205.31% in Q3 2025 from the same period last year, while for Sep 2025 it was 314.23%, marking a year-over-year decrease of 1001700.0%. This contributed to the annual value of 334.71% for FY2024, which is 1811400.0% down from last year.
  • Per Plug Power's latest filing, its Net Margin stood at 205.31% for Q3 2025, which was down 837600.0% from 131.47% recorded in Q2 2025.
  • In the past 5 years, Plug Power's Net Margin ranged from a high of 74.12% in Q3 2021 and a low of 697.57% during Q4 2024
  • In the last 5 years, Plug Power's Net Margin had a median value of 119.15% in 2021 and averaged 164.64%.
  • In the last 5 years, Plug Power's Net Margin crashed by -4083900bps in 2024 and then surged by 987000bps in 2025.
  • Plug Power's Net Margin (Quarter) stood at 119.15% in 2021, then grew by 15bps to 101.23% in 2022, then crashed by -186bps to 289.17% in 2023, then crashed by -141bps to 697.57% in 2024, then soared by 71bps to 205.31% in 2025.
  • Its Net Margin was 205.31% in Q3 2025, compared to 131.47% in Q2 2025 and 147.27% in Q1 2025.