Growth Metrics

Plug Power (PLUG) Other Operating Expenses (2013 - 2026)

Plug Power (PLUG) reported Other Operating Expenses of $4.2 million for Q1 2026, up 138.52% year-over-year from $1.7 million in Q1 2025, and down 99.37% on a QoQ basis from $655.8 million in Q4 2025.

Plug Power (PLUG) has 11 years of Other Operating Expenses data on file, last reported at $4.2 million in Q1 2026.

  • Quarterly Other Operating Expenses rose 138.52% year-over-year to $4.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $776.8 million (down 13.72% YoY) and the FY2025 annual result came in at $736.6 million, down 17.3% from the prior year.
  • Other Operating Expenses fell to $4.2 million in Q1 2026 per PLUG's latest filing, from $655.8 million in the prior quarter.
  • Across five years, Other Operating Expenses topped out at $924.8 million in Q4 2024 and bottomed at -$20.5 million in Q1 2024.
  • The 5-year median for Other Operating Expenses is $4.2 million (2026), against an average of $113.3 million.
  • The widest annual swing landed in 2023, when Other Operating Expenses jumped 3230.94%; it then sank 571.42% in 2024.
  • Tracing PLUG's Other Operating Expenses over 5 years: stood at $18.8 million in 2022, then surged by 1236.64% to $251.2 million in 2023, then jumped by 268.22% to $924.8 million in 2024, then retreated by 29.09% to $655.8 million in 2025, then tumbled by 99.37% to $4.2 million in 2026.
  • Per Business Quant, the three latest PLUG Other Operating Expenses figures stand at $4.2 million (Q1 2026), $655.8 million (Q4 2025), and $96.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 4.16 Mn
Dec 31, 2025 655.85 Mn
Sep 30, 2025 96.40 Mn
Jun 30, 2025 20.43 Mn
Mar 31, 2025 -10.80 Mn
Dec 31, 2024 924.85 Mn
Sep 30, 2024 -8.27 Mn
Jun 30, 2024 -5.37 Mn
Mar 31, 2024 -20.52 Mn
Dec 31, 2023 251.17 Mn
Sep 30, 2023 -7.30 Mn
Jun 30, 2023 17.99 Mn
Mar 31, 2023 4.35 Mn
Dec 31, 2022 18.79 Mn
Sep 30, 2022 -5.40 Mn
Jun 30, 2022 -10.57 Mn
Mar 31, 2022 -139,000.00
Dec 31, 2021 10.94 Mn
Sep 30, 2021 6.63 Mn
Jun 30, 2021 -2.16 Mn
Mar 31, 2021 -810,000.00
Dec 31, 2020 4.86 Mn
Sep 30, 2020 -270,000.00
Jun 30, 2020 -900,000.00
Mar 31, 2020 -900,000.00
Dec 31, 2018 21.67 Mn
Dec 31, 2017 38.31 Mn
Dec 31, 2014 -6.14 Mn
Sep 30, 2014 -9.35 Mn
Jun 30, 2014 15.49 Mn
Mar 31, 2014 -88.93 Mn
Dec 31, 2013 -30.45 Mn
Sep 30, 2013 -17.81 Mn
Jun 30, 2013 -11.10 Mn