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Plug Power (PLUG) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Plug Power (PLUG) over the last 17 years, with Q3 2025 value amounting to $228.6 million.

  • Plug Power's Operating Expenses rose 9684.7% to $228.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was $1.5 billion, marking a year-over-year increase of 10746.05%. This contributed to the annual value of $1.4 billion for FY2024, which is 6691.44% up from last year.
  • As of Q3 2025, Plug Power's Operating Expenses stood at $228.6 million, which was up 9684.7% from $123.5 million recorded in Q2 2025.
  • In the past 5 years, Plug Power's Operating Expenses ranged from a high of $1.1 billion in Q4 2024 and a low of $36.1 million during Q1 2021
  • In the last 5 years, Plug Power's Operating Expenses had a median value of $114.4 million in 2022 and averaged $181.0 million.
  • Its Operating Expenses has fluctuated over the past 5 years, first soared by 18748.03% in 2022, then plummeted by 2853.86% in 2024.
  • Plug Power's Operating Expenses (Quarter) stood at $113.0 million in 2021, then surged by 35.65% to $153.3 million in 2022, then skyrocketed by 163.37% to $403.6 million in 2023, then soared by 163.87% to $1.1 billion in 2024, then plummeted by 78.53% to $228.6 million in 2025.
  • Its Operating Expenses was $228.6 million in Q3 2025, compared to $123.5 million in Q2 2025 and $104.6 million in Q1 2025.