Plug Power (PLUG) Net Margin (2010 - 2026)

Plug Power (PLUG) has reported Net Margin for 17 consecutive years, with 106.62% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Net Margin rose 2486.0% year-over-year to 106.62% in Q2 2026; TTM through Jun 2026 was 181.2%, a 4656.0% increase from a year earlier, with the FY2025 full-year figure at 229.83%, up 10488.0% from the prior year.
• Net Margin was 106.62% for Q2 2026 at Plug Power, up from 150.47% in the prior quarter.
• Over five years, Net Margin peaked at 90.53% in Q3 2022 and troughed at 467.81% in Q4 2024.
• A 5-year average of 168.97% and a median of 137.07% in 2023 frame the typical range for Net Margin.
• Across the five-year window, Net Margin sank 18794 bps in 2023 and soared 22422 bps in 2025, its largest moves.
• Over 5 years, Net Margin stood at 101.23% in 2022, then slumped by 186 bps to 289.17% in 2023, then tumbled by 62 bps to 467.81% in 2024, then jumped by 48 bps to 243.6% in 2025, then jumped by 56 bps to 106.62% in 2026.
• The last three Net Margin figures came in at 106.62% (Q2 2026), 150.47% (Q1 2026), and 243.6% (Q4 2025), per Business Quant data.