Plug Power (PLUG) Notes Payables (2016 - 2026)
Plug Power's (PLUG) quarterly Notes Payables came in at $2.5 million in Q1 2026, down 95.73% year-over-year from $58.4 million in Q1 2025, and down 3.41% quarter-over-quarter from $2.6 million in Q4 2025.
Analysis
Plug Power (PLUG) Notes Payables (2016 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Notes Payables for 4 consecutive years, with $2.5 million the latest figure, recorded in Q1 2026.
- On a quarterly basis, Notes Payables fell 95.73% year-over-year to $2.5 million in Q1 2026; TTM through Mar 2026 was $2.5 million, a 95.73% decrease from a year earlier, with the FY2025 full-year figure at $2.6 million, down 95.57% from the prior year.
- Notes Payables was $2.5 million for Q1 2026 at Plug Power, down from $2.6 million in the prior quarter.
- Over five years, Notes Payables peaked at $145.3 million in Q2 2025 and troughed at $2.5 million in Q1 2026.
- A 3-year average of $67.0 million and a median of $58.3 million in 2024 frame the typical range for Notes Payables.
- Across the five-year window, Notes Payables surged 147.55% in 2025 and sank 95.73% in 2026, its largest moves.
- Over 3 years, Notes Payables stood at $58.3 million in 2024, then plunged by 95.57% to $2.6 million in 2025, then dropped by 3.41% to $2.5 million in 2026.
- The last three Notes Payables figures came in at $2.5 million (Q1 2026), $2.6 million (Q4 2025), and $144.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Plug Power | 3.04 Bn | 2.72 Bn | -1.68 Mn |
| 2 | NewHydrogen | 12.64 Mn | 12.64 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 2.50 Mn |
| Dec 31, 2025 | 2.58 Mn |
| Sep 30, 2025 | 143.98 Mn |
| Jun 30, 2025 | 145.32 Mn |
| Mar 31, 2025 | 58.38 Mn |
| Dec 31, 2024 | 58.27 Mn |
| Sep 30, 2024 | 58.16 Mn |
| Mar 31, 2016 | 23.96 Mn |