Plug Power (PLUG) Operating Income (2010 - 2026)

Plug Power (PLUG) has 17 years of Operating Income data on file, last reported at -$109.5 million in Q1 2026.

• On a quarterly basis, Operating Income rose 38.65% year-over-year to -$109.5 million in Q1 2026; TTM through Mar 2026 was -$1.4 billion, a 27.88% increase from a year earlier, with the FY2025 full-year figure at -$1.5 billion, up 27.35% from the prior year.
• Operating Income for Q1 2026 stood at -$109.5 million, up from -$763.2 million in the prior quarter.
• Over the last five years, Operating Income for PLUG reached as high as -$109.5 million in Q1 2026 and fell as low as -$1.3 billion in Q4 2024.
• Historically, Operating Income has averaged -$330.6 million across 5 years, with a median of -$233.7 million in 2022.
• Across the five-year window, Operating Income tumbled 188.23% in 2022 and jumped 41.27% in 2025, its largest moves.
• Year by year, Operating Income stood at -$233.7 million in 2022, then tumbled by 167.79% to -$625.9 million in 2023, then plunged by 107.63% to -$1.3 billion in 2024, then soared by 41.27% to -$763.2 million in 2025, then soared by 85.65% to -$109.5 million in 2026.
• Per Business Quant data, the three most recent Operating Income figures were -$109.5 million in Q1 2026, -$763.2 million in Q4 2025, and -$348.8 million in Q3 2025.