Plug Power (PLUG) Payables (2010 - 2026)
Plug Power's (PLUG) quarterly Payables came in at $144.3 million in Q2 2026, down 51.49% year-over-year from $297.4 million in Q2 2025, and down 1.69% quarter-over-quarter from $146.7 million in Q1 2026.
Analysis
Plug Power (PLUG) Payables (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Payables for 17 consecutive years, with $144.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Payables fell 51.49% year-over-year to $144.3 million in Q2 2026; TTM through Jun 2026 was $144.3 million, a 51.49% decrease from a year earlier, with the FY2025 full-year figure at $171.3 million, down 28.39% from the prior year.
- Payables was $144.3 million for Q2 2026 at Plug Power, down from $146.7 million in the prior quarter.
- Over five years, Payables peaked at $306.2 million in Q3 2025 and troughed at $78.7 million in Q1 2022.
- A 5-year average of $218.7 million and a median of $229.9 million in 2023 frame the typical range for Payables.
- Across the five-year window, Payables jumped 192.29% in 2022 and slumped 51.49% in 2026, its largest moves.
- Over 5 years, Payables stood at $191.9 million in 2022, then jumped by 34.36% to $257.8 million in 2023, then decreased by 7.21% to $239.2 million in 2024, then dropped by 28.39% to $171.3 million in 2025, then fell by 15.8% to $144.3 million in 2026.
- The last three Payables figures came in at $144.3 million (Q2 2026), $146.7 million (Q1 2026), and $171.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 3.04 Bn | 2.72 Bn | -1.68 Mn | 144.26 Mn |
| 2 | NewHydrogen | 12.64 Mn | 12.64 Mn | - | 6,448.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.26 Mn |
| 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 |