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| Date | Value |
|---|---|
| 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 |