Plug Power (PLUG) Operating Leases (2019 - 2026)

Plug Power (PLUG) has 8 years of Operating Leases data on file, last reported at $175.3 million in Q1 2026.

• Quarterly Operating Leases fell 24.13% year-over-year to $175.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $175.3 million (down 24.13% YoY) and the FY2025 annual result came in at $194.7 million, down 19.59% from the prior year.
• Operating Leases slipped to $175.3 million in Q1 2026 per PLUG's latest filing, from $194.7 million in the prior quarter.
• Across five years, Operating Leases topped out at $295.2 million in Q3 2023 and bottomed at $175.3 million in Q1 2026.
• The 5-year median for Operating Leases is $245.7 million (2022), against an average of $242.4 million.
• The widest annual swing landed in 2022, when Operating Leases jumped 79.8%; it then retreated 24.13% in 2026.
• Tracing PLUG's Operating Leases over 5 years: stood at $271.5 million in 2022, then advanced by 7.55% to $292.0 million in 2023, then fell by 17.07% to $242.1 million in 2024, then retreated by 19.59% to $194.7 million in 2025, then decreased by 9.98% to $175.3 million in 2026.
• Per Business Quant, the three latest PLUG Operating Leases figures stand at $175.3 million (Q1 2026), $194.7 million (Q4 2025), and $209.3 million (Q3 2025).

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