Growth Metrics

Plug Power (PLUG) Payables (2016 - 2025)

Plug Power (PLUG) has disclosed Payables for 16 consecutive years, with $171.3 million as the latest value for Q4 2025.

  • On a quarterly basis, Payables fell 28.39% to $171.3 million in Q4 2025 year-over-year; TTM through Dec 2025 was $171.3 million, a 28.39% decrease, with the full-year FY2025 number at $171.3 million, down 28.39% from a year prior.
  • Payables was $171.3 million for Q4 2025 at Plug Power, down from $306.2 million in the prior quarter.
  • In the past five years, Payables ranged from a high of $306.2 million in Q3 2025 to a low of $47.2 million in Q1 2021.
  • A 5-year average of $196.1 million and a median of $210.2 million in 2022 define the central range for Payables.
  • Peak YoY movement for Payables: surged 192.29% in 2022, then dropped 28.39% in 2025.
  • Plug Power's Payables stood at $92.3 million in 2021, then surged by 107.89% to $191.9 million in 2022, then soared by 34.36% to $257.8 million in 2023, then dropped by 7.21% to $239.2 million in 2024, then fell by 28.39% to $171.3 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Payables are $171.3 million (Q4 2025), $306.2 million (Q3 2025), and $297.4 million (Q2 2025).