Plug Power (PLUG) Non-Current Deffered Revenue (2011 - 2026)
Plug Power's (PLUG) quarterly Non-Current Deffered Revenue came in at $29.6 million in Q1 2026, down 31.7% year-on-year from $43.4 million in Q1 2025, and down 13.41% on a QoQ basis from $34.2 million in Q4 2025.
Plug Power (PLUG) Non-Current Deffered Revenue (2011 - 2026) Analysis & Trends
Plug Power (PLUG) has 16 years of Non-Current Deffered Revenue data on file, last reported at $29.6 million in Q1 2026.
- On a quarterly basis, Non-Current Deffered Revenue fell 31.7% year-over-year to $29.6 million in Q1 2026; TTM through Mar 2026 was $29.6 million, a 31.7% decrease from a year earlier, with the FY2025 full-year figure at $34.2 million, down 41.57% from the prior year.
- Non-Current Deffered Revenue for Q1 2026 stood at $29.6 million, down from $34.2 million in the prior quarter.
- Over the last five years, Non-Current Deffered Revenue for PLUG reached as high as $98.1 million in Q4 2022 and fell as low as $29.6 million in Q1 2026.
- Historically, Non-Current Deffered Revenue has averaged $63.9 million across 5 years, with a median of $67.4 million in 2022.
- Across the five-year window, Non-Current Deffered Revenue soared 53.91% in 2022 and tumbled 42.87% in 2025, its largest moves.
- Year by year, Non-Current Deffered Revenue stood at $98.1 million in 2022, then declined by 14.19% to $84.2 million in 2023, then sank by 30.45% to $58.5 million in 2024, then tumbled by 41.57% to $34.2 million in 2025, then slipped by 13.41% to $29.6 million in 2026.
- Per Business Quant data, the three most recent Non-Current Deffered Revenue figures were $29.6 million in Q1 2026, $34.2 million in Q4 2025, and $34.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 39.26 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | - |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | - |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 14.83 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | - |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn | 29.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 45.27 Mn |