Plug Power (PLUG) Operating Income (2010 - 2026)
Plug Power's Operating Income came in at -$64.11 million for Q2 2026, compared with -$176.95 million a year earlier.
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Analysis
Plug Power (PLUG) Operating Income (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Plug Power reported Operating Income of -$1.29 billion; for FY2025, it was -$1.47 billion.
- Going back by year, Operating Income was -$2.02 billion in FY2024, -$1.34 billion in FY2023, -$679.55 million in FY2022 and -$437.32 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Operating Income since Q1 2021.
- Business Quant data shows PLUG's Operating Income at -$109.49 million (Q1 2026), -$763.19 million (Q4 2025) and -$348.79 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | -64.11 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | 37.68 Mn |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | 67.87 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | -75,000.00 |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | -5.13 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | -171.71 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | -3.01 Mn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 5.77 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | -2.52 Mn |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | -731,106.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -64.11 Mn |
| Mar 31, 2026 | -109.49 Mn |
| Dec 31, 2025 | -763.19 Mn |
| Sep 30, 2025 | -348.79 Mn |
| Jun 30, 2025 | -176.95 Mn |
| Mar 31, 2025 | -178.46 Mn |
| Dec 31, 2024 | -1.30 Bn |
| Sep 30, 2024 | -216.17 Mn |
| Jun 30, 2024 | -244.67 Mn |
| Mar 31, 2024 | -259.41 Mn |
| Dec 31, 2023 | -625.91 Mn |
| Sep 30, 2023 | -273.97 Mn |
| Jun 30, 2023 | -233.84 Mn |
| Mar 31, 2023 | -209.80 Mn |
| Dec 31, 2022 | -233.73 Mn |
| Sep 30, 2022 | -159.75 Mn |
| Jun 30, 2022 | -146.91 Mn |
| Mar 31, 2022 | -139.16 Mn |
| Dec 31, 2021 | -200.74 Mn |
| Sep 30, 2021 | -98.66 Mn |
API Access
Plug Power Operating Income 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=operating-income&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();