Plug Power (PLUG) Other Operating Expenses (2014 - 2026)

Plug Power's (PLUG) quarterly Other Operating Expenses came in at $4.2 million in Q1 2026, up 138.52% year-on-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) Other Operating Expenses (2014 - 2026) Analysis & Trends

Plug Power (PLUG) has 10 years of Other Operating Expenses data on file, last reported at $4.2 million in Q1 2026.

  • On a quarterly basis, Other Operating Expenses rose 138.52% year-over-year to $4.2 million in Q1 2026; TTM through Mar 2026 was $776.9 million, a 16.61% decrease from a year earlier, with the FY2025 full-year figure at $762.0 million, down 18.37% from the prior year.
  • Other Operating Expenses for Q1 2026 stood at $4.2 million, down from $655.8 million in the prior quarter.
  • Over the last five years, Other Operating Expenses for PLUG reached as high as $930.3 million in Q4 2024 and fell as low as -$10.8 million in Q1 2025.
  • Historically, Other Operating Expenses has averaged $126.3 million across 5 years, with a median of $8.8 million in 2023.
  • Across the five-year window, Other Operating Expenses tumbled 804.64% in 2022 and soared 2126.14% in 2025, its largest moves.
  • Year by year, Other Operating Expenses stood at $24.3 million in 2022, then soared by 976.4% to $261.5 million in 2023, then jumped by 255.8% to $930.3 million in 2024, then decreased by 29.5% to $655.8 million in 2025, then slumped by 99.37% to $4.2 million in 2026.
  • Per Business Quant data, the three most recent Other Operating Expenses figures were $4.2 million in Q1 2026, $655.8 million in Q4 2025, and $96.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.16 Mn
Dec 31, 2025 655.85 Mn
Sep 30, 2025 96.41 Mn
Jun 30, 2025 20.43 Mn
Mar 31, 2025 -10.80 Mn
Dec 31, 2024 930.30 Mn
Sep 30, 2024 4.33 Mn
Jun 30, 2024 7.73 Mn
Mar 31, 2024 -8.91 Mn
Dec 31, 2023 261.47 Mn
Sep 30, 2023 2.90 Mn
Jun 30, 2023 25.29 Mn
Mar 31, 2023 9.85 Mn
Dec 31, 2022 24.29 Mn
Jun 30, 2022 -5.07 Mn
Mar 31, 2022 2.46 Mn
Dec 31, 2021 12.64 Mn
Sep 30, 2021 8.53 Mn
Jun 30, 2021 -560,000.00
Mar 31, 2021 790,000.00