Plug Power (PLUG) Non-Current Deffered Revenue (2011 - 2026)
Plug Power's Non-Current Deffered Revenue was $26.15 million in Q2 2026, down 35.6% from $40.62 million a year earlier and down 11.7% from the prior quarter.
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Analysis
Plug Power (PLUG) Non-Current Deffered Revenue (2011 - 2026) Analysis & Trends
At the end of FY2025, Non-Current Deffered Revenue at Plug Power came in at $34.2 million, down 41.6% from FY2024.
- Non-Current Deffered Revenue has now declined for three consecutive years, though with a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- In earlier years, Non-Current Deffered Revenue was $58.53 million in FY2024 (-30.5%), $84.16 million in FY2023 (-14.2%), $98.09 million in FY2022 (+47.0%) and $66.71 million in FY2021 (+102.5%).
- The Q2 2026 figure marks the lowest quarterly Non-Current Deffered Revenue since Q2 2020.
- Compared with a year earlier, Non-Current Deffered Revenue has declined for 12 straight quarters, with an average decline of 36.3% over the last eight quarters.
- The best year-over-year quarter for Non-Current Deffered Revenue over five years was Q3 2021 (growth of 114.8%); the worst was Q1 2025 (a decline of 42.9%).
- Per Business Quant data, PLUG's Non-Current Deffered Revenue in the three quarters before Q2 2026 was $29.62 million (Q1 2026), $34.2 million (Q4 2025) and $34.09 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn | 26.15 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn | - |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn | - |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - | - |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | - |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | - |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | - |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn | - |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - | - |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.15 Mn |
| Mar 31, 2026 | 29.62 Mn |
| Dec 31, 2025 | 34.20 Mn |
| Sep 30, 2025 | 34.09 Mn |
| Jun 30, 2025 | 40.62 Mn |
| Mar 31, 2025 | 43.36 Mn |
| Dec 31, 2024 | 58.53 Mn |
| Sep 30, 2024 | 59.53 Mn |
| Jun 30, 2024 | 71.02 Mn |
| Mar 31, 2024 | 75.90 Mn |
| Dec 31, 2023 | 84.16 Mn |
| Sep 30, 2023 | 76.98 Mn |
| Jun 30, 2023 | 86.62 Mn |
| Mar 31, 2023 | 82.79 Mn |
| Dec 31, 2022 | 98.09 Mn |
| Sep 30, 2022 | 81.12 Mn |
| Jun 30, 2022 | 67.39 Mn |
| Mar 31, 2022 | 62.50 Mn |
| Dec 31, 2021 | 66.71 Mn |
| Sep 30, 2021 | 63.40 Mn |
API Access
Plug Power Non-Current Deffered Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-deffered-revenue&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-revenue", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-deffered-revenue&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();