Plug Power (PLUG) Other Working Capital Changes (2010 - 2026)
Plug Power (PLUG) reported Other Working Capital Changes of $9.3 million for Q1 2026, up 123.01% year-over-year from $4.2 million in Q1 2025, and up 37.75% on a QoQ basis from $6.8 million in Q4 2025.
Plug Power (PLUG) has 17 years of Other Working Capital Changes data on file, last reported at $9.3 million in Q1 2026.
- Quarterly Other Working Capital Changes rose 123.01% year-over-year to $9.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $25.1 million (up 205.18% YoY) and the FY2025 annual result came in at -$24.8 million, down 179.48% from the prior year.
- Other Working Capital Changes grew to $9.3 million in Q1 2026 per PLUG's latest filing, from $6.8 million in the prior quarter.
- Across five years, Other Working Capital Changes topped out at $31.0 million in Q3 2022 and bottomed at -$40.6 million in Q1 2025.
- The 5-year median for Other Working Capital Changes is $9.3 million (2026), against an average of $4.5 million.
- The widest annual swing landed in 2022, when Other Working Capital Changes jumped 756070.73%; it then tumbled 495.09% in 2023.
- Tracing PLUG's Other Working Capital Changes over 5 years: stood at $9.9 million in 2022, then plunged by 495.09% to -$39.0 million in 2023, then soared by 70.08% to -$11.7 million in 2024, then surged by 158.13% to $6.8 million in 2025, then jumped by 37.75% to $9.3 million in 2026.
- Per Business Quant, the three latest PLUG Other Working Capital Changes figures stand at $9.3 million (Q1 2026), $6.8 million (Q4 2025), and $10.1 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 | 9.34 Mn |
| Mar 31, 2026 | 9.34 Mn |
| Dec 31, 2025 | 6.78 Mn |
| Dec 31, 2025 | 6.78 Mn |
| Sep 30, 2025 | 10.13 Mn |
| Sep 30, 2025 | 10.13 Mn |
| Jun 30, 2025 | -1.12 Mn |
| Jun 30, 2025 | -1.12 Mn |
| Mar 31, 2025 | -40.58 Mn |
| Mar 31, 2025 | -40.58 Mn |
| Dec 31, 2024 | -11.66 Mn |
| Dec 31, 2024 | -11.66 Mn |
| Sep 30, 2024 | 21.97 Mn |
| Sep 30, 2024 | 21.97 Mn |
| Jun 30, 2024 | 6.37 Mn |
| Jun 30, 2024 | 6.37 Mn |
| Mar 31, 2024 | 14.50 Mn |
| Mar 31, 2024 | 14.50 Mn |
| Dec 31, 2023 | -38.97 Mn |
| Dec 31, 2023 | -38.97 Mn |
| Sep 30, 2023 | 15.60 Mn |
| Sep 30, 2023 | 15.60 Mn |
| Jun 30, 2023 | -14.70 Mn |
| Jun 30, 2023 | -14.70 Mn |
| Mar 31, 2023 | 5.52 Mn |
| Mar 31, 2023 | 5.52 Mn |
| Dec 31, 2022 | 9.86 Mn |
| Dec 31, 2022 | 9.86 Mn |
| Sep 30, 2022 | 31.00 Mn |
| Sep 30, 2022 | 31.00 Mn |
| Jun 30, 2022 | 24.55 Mn |
| Jun 30, 2022 | 24.55 Mn |
| Mar 31, 2022 | 27.11 Mn |
| Mar 31, 2022 | 27.11 Mn |
| Dec 31, 2021 | 3.93 Mn |
| Dec 31, 2021 | 3.93 Mn |
| Sep 30, 2021 | 4,100.00 |
| Sep 30, 2021 | 4,100.00 |
| Jun 30, 2021 | 18.33 Mn |
| Jun 30, 2021 | 18.33 Mn |
| Mar 31, 2021 | 4.64 Mn |
| Mar 31, 2021 | 4.64 Mn |
| Dec 31, 2020 | 13.45 Mn |
| Dec 31, 2020 | 13.45 Mn |
| Sep 30, 2020 | -6.93 Mn |
| Sep 30, 2020 | -6.93 Mn |
| Jun 30, 2020 | 1.09 Mn |
| Jun 30, 2020 | 1.09 Mn |
| Mar 31, 2020 | 10.79 Mn |
| Mar 31, 2020 | 10.79 Mn |
| Dec 31, 2019 | 8.54 Mn |
| Dec 31, 2019 | 8.54 Mn |
| Sep 30, 2019 | -887,000.00 |
| Sep 30, 2019 | -887,000.00 |
| Jun 30, 2019 | 1.48 Mn |
| Jun 30, 2019 | 1.48 Mn |
| Mar 31, 2019 | -1.02 Mn |
| Mar 31, 2019 | -1.02 Mn |
| Dec 31, 2018 | 5.93 Mn |
| Dec 31, 2018 | 5.93 Mn |
| Sep 30, 2018 | 284,000.00 |
| Sep 30, 2018 | 284,000.00 |
| Jun 30, 2018 | -180,000.00 |
| Jun 30, 2018 | -180,000.00 |
| Mar 31, 2018 | -1.38 Mn |
| Mar 31, 2018 | -1.38 Mn |
| Dec 31, 2017 | -2.75 Mn |
| Dec 31, 2017 | -2.75 Mn |
| Sep 30, 2017 | 1.38 Mn |
| Sep 30, 2017 | 1.38 Mn |
| Jun 30, 2017 | 535,000.00 |
| Jun 30, 2017 | 535,000.00 |
| Mar 31, 2017 | -1.32 Mn |
| Mar 31, 2017 | -1.32 Mn |
| Dec 31, 2016 | 4.42 Mn |
| Dec 31, 2016 | 4.42 Mn |
| Sep 30, 2016 | -121,000.00 |
| Sep 30, 2016 | -121,000.00 |
| Jun 30, 2016 | -670,000.00 |
| Jun 30, 2016 | -670,000.00 |
| Mar 31, 2016 | -1.24 Mn |
| Mar 31, 2016 | -1.24 Mn |
| Dec 31, 2015 | 8.25 Mn |
| Dec 31, 2015 | 8.25 Mn |
| Sep 30, 2015 | -367,000.00 |
| Sep 30, 2015 | -367,000.00 |
| Jun 30, 2015 | 1.01 Mn |
| Jun 30, 2015 | 1.01 Mn |
| Mar 31, 2015 | -526,000.00 |
| Mar 31, 2015 | -526,000.00 |
| Dec 31, 2014 | 1.43 Mn |
| Dec 31, 2014 | 1.43 Mn |
| Sep 30, 2014 | 2.56 Mn |
| Sep 30, 2014 | 2.56 Mn |
| Jun 30, 2014 | 2.81 Mn |
| Jun 30, 2014 | 2.81 Mn |
| Mar 31, 2014 | 360,324.00 |
| Mar 31, 2014 | 360,324.00 |
| Dec 31, 2013 | 1.57 Mn |
| Dec 31, 2013 | 1.57 Mn |
| Sep 30, 2013 | -1.78 Mn |
| Sep 30, 2013 | -1.78 Mn |
| Jun 30, 2013 | 1.82 Mn |
| Jun 30, 2013 | 1.82 Mn |
| Mar 31, 2013 | 91,624.00 |
| Mar 31, 2013 | 91,624.00 |
| Dec 31, 2012 | 2.11 Mn |
| Dec 31, 2012 | 2.11 Mn |
| Sep 30, 2012 | -1.90 Mn |
| Sep 30, 2012 | -1.90 Mn |
| Jun 30, 2012 | 116,023.00 |
| Jun 30, 2012 | 116,023.00 |
| Mar 31, 2012 | 1.44 Mn |
| Mar 31, 2012 | 1.44 Mn |
| Dec 31, 2011 | 1.65 Mn |
| Dec 31, 2011 | 1.65 Mn |
| Sep 30, 2011 | 145,201.00 |
| Sep 30, 2011 | 145,201.00 |
| Jun 30, 2011 | -217,307.00 |
| Jun 30, 2011 | -217,307.00 |
| Mar 31, 2011 | -384,189.00 |
| Mar 31, 2011 | -384,189.00 |
| Dec 31, 2010 | -655,408.00 |
| Dec 31, 2010 | -655,408.00 |
| Sep 30, 2010 | 853,167.00 |
| Sep 30, 2010 | 853,167.00 |