Growth Metrics

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

Plug Power (PLUG) has disclosed Net Margin for 16 consecutive years, with 401.64% as the latest value for Q4 2025.

  • Quarterly Net Margin rose 29756.0% to 401.64% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 238.57% through Dec 2025, up 9667.0% year-over-year, with the annual reading at 229.83% for FY2025, 10488.0% up from the prior year.
  • Net Margin for Q4 2025 was 401.64% at Plug Power, down from 205.31% in the prior quarter.
  • The five-year high for Net Margin was 74.12% in Q3 2021, with the low at 699.2% in Q4 2024.
  • Average Net Margin over 5 years is 176.57%, with a median of 120.35% recorded in 2024.
  • The sharpest move saw Net Margin plummeted -41003bps in 2024, then surged 29756bps in 2025.
  • Over 5 years, Net Margin stood at 119.15% in 2021, then increased by 15bps to 101.25% in 2022, then tumbled by -186bps to 289.17% in 2023, then plummeted by -142bps to 699.2% in 2024, then soared by 43bps to 401.64% in 2025.
  • According to Business Quant data, Net Margin over the past three periods came in at 401.64%, 205.31%, and 131.47% for Q4 2025, Q3 2025, and Q2 2025 respectively.