Plug Power (PLUG) Payables (2010 - 2026)
Plug Power (PLUG) reported Payables of $146.7 million for Q1 2026, down 41.3% year-over-year from $250.0 million in Q1 2025, and down 14.35% on a QoQ basis from $171.3 million in Q4 2025.
Plug Power (PLUG) has 17 years of Payables data on file, last reported at $146.7 million in Q1 2026.
- Quarterly Payables fell 41.3% year-over-year to $146.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $146.7 million (down 41.3% YoY) and the FY2025 annual result came in at $171.3 million, down 28.39% from the prior year.
- Payables eased to $146.7 million in Q1 2026 per PLUG's latest filing, from $171.3 million in the prior quarter.
- Across five years, Payables topped out at $306.2 million in Q3 2025 and bottomed at $78.7 million in Q1 2022.
- The 5-year median for Payables is $239.2 million (2024), against an average of $223.0 million.
- The widest annual swing landed in 2022, when Payables soared 192.29%; it then slumped 41.3% in 2026.
- Tracing PLUG's Payables over 5 years: stood at $191.9 million in 2022, then soared by 34.36% to $257.8 million in 2023, then retreated by 7.21% to $239.2 million in 2024, then slipped by 28.39% to $171.3 million in 2025, then decreased by 14.35% to $146.7 million in 2026.
- Per Business Quant, the three latest PLUG Payables figures stand at $146.7 million (Q1 2026), $171.3 million (Q4 2025), and $306.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 1.95 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 241.65 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 422.00 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 605.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 272.10 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 75.14 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 354.60 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 383.39 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 146.75 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 86.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 146.75 Mn |
| Dec 31, 2025 | 171.33 Mn |
| Sep 30, 2025 | 306.21 Mn |
| Jun 30, 2025 | 297.38 Mn |
| Mar 31, 2025 | 250.00 Mn |
| Dec 31, 2024 | 239.24 Mn |
| Sep 30, 2024 | 265.39 Mn |
| Jun 30, 2024 | 253.72 Mn |
| Mar 31, 2024 | 285.55 Mn |
| Dec 31, 2023 | 257.83 Mn |
| Sep 30, 2023 | 292.93 Mn |
| Jun 30, 2023 | 220.47 Mn |
| Mar 31, 2023 | 188.15 Mn |
| Dec 31, 2022 | 191.90 Mn |
| Sep 30, 2022 | 199.87 Mn |
| Jun 30, 2022 | 146.17 Mn |
| Mar 31, 2022 | 78.71 Mn |
| Dec 31, 2021 | 92.31 Mn |
| Sep 30, 2021 | 68.38 Mn |
| Jun 30, 2021 | 70.03 Mn |
| Mar 31, 2021 | 47.17 Mn |
| Dec 31, 2020 | 50.20 Mn |
| Sep 30, 2020 | 58.79 Mn |
| Jun 30, 2020 | 39.81 Mn |
| Mar 31, 2020 | 35.50 Mn |
| Dec 31, 2019 | 40.38 Mn |
| Sep 30, 2019 | 36.85 Mn |
| Jun 30, 2019 | 36.95 Mn |
| Mar 31, 2019 | 31.69 Mn |
| Dec 31, 2018 | 34.82 Mn |
| Sep 30, 2018 | 37.11 Mn |
| Jun 30, 2018 | 36.13 Mn |
| Mar 31, 2018 | 42.61 Mn |
| Dec 31, 2017 | 42.36 Mn |
| Sep 30, 2017 | 38.65 Mn |
| Jun 30, 2017 | 28.15 Mn |
| Mar 31, 2017 | 27.05 Mn |
| Dec 31, 2016 | 32.11 Mn |
| Sep 30, 2016 | 28.61 Mn |
| Jun 30, 2016 | 30.57 Mn |
| Mar 31, 2016 | 47.01 Mn |
| Dec 31, 2015 | 20.46 Mn |
| Sep 30, 2015 | 18.18 Mn |
| Jun 30, 2015 | 12.19 Mn |
| Mar 31, 2015 | 8.62 Mn |
| Dec 31, 2014 | 10.19 Mn |
| Sep 30, 2014 | 7.90 Mn |
| Jun 30, 2014 | 9.30 Mn |
| Mar 31, 2014 | 2.84 Mn |
| Dec 31, 2013 | 3.09 Mn |
| Sep 30, 2013 | 4.13 Mn |
| Jun 30, 2013 | 3.31 Mn |
| Mar 31, 2013 | 5.60 Mn |
| Dec 31, 2012 | 3.56 Mn |
| Sep 30, 2012 | 5.54 Mn |
| Jun 30, 2012 | 4.14 Mn |
| Mar 31, 2012 | 2.90 Mn |
| Dec 31, 2011 | 4.67 Mn |
| Sep 30, 2011 | 2.46 Mn |
| Jun 30, 2011 | 1.21 Mn |
| Dec 31, 2010 | 3.56 Mn |