Growth Metrics

Plug Power (PLUG) Operating Leases (2019 - 2025)

Plug Power (PLUG) has disclosed Operating Leases for 7 consecutive years, with $265.1 million as the latest value for Q4 2025.

  • Quarterly Operating Leases rose 9.49% to $265.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $265.1 million through Dec 2025, up 9.49% year-over-year, with the annual reading at $265.1 million for FY2025, 9.49% up from the prior year.
  • Operating Leases for Q4 2025 was $265.1 million at Plug Power, up from $209.3 million in the prior quarter.
  • The five-year high for Operating Leases was $295.2 million in Q3 2023, with the low at $103.5 million in Q1 2021.
  • Average Operating Leases over 5 years is $227.8 million, with a median of $243.9 million recorded in 2022.
  • The sharpest move saw Operating Leases soared 109.22% in 2021, then dropped 17.07% in 2024.
  • Over 5 years, Operating Leases stood at $175.6 million in 2021, then surged by 54.58% to $271.5 million in 2022, then rose by 7.55% to $292.0 million in 2023, then dropped by 17.07% to $242.1 million in 2024, then increased by 9.49% to $265.1 million in 2025.
  • According to Business Quant data, Operating Leases over the past three periods came in at $265.1 million, $209.3 million, and $227.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.