Plug Power (PLUG) Profit After Tax (2010 - 2026)

Plug Power's (PLUG) quarterly Profit After Tax came in at -$245.3 million in Q1 2026, down 24.58% year-on-year from -$325.3 million in Q1 2025, and up 72.99% on a QoQ basis from -$908.0 million in Q4 2025.

Plug Power (PLUG) Profit After Tax (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Profit After Tax data on file, last reported at -$245.3 million in Q1 2026.

  • On a quarterly basis, Profit After Tax fell 24.58% year-over-year to -$245.3 million in Q1 2026; TTM through Mar 2026 was -$1.7 billion, a 13.06% increase from a year earlier, with the FY2025 full-year figure at -$1.7 billion, up 19.53% from the prior year.
  • Profit After Tax for Q1 2026 stood at -$245.3 million, up from -$908.0 million in the prior quarter.
  • Over the last five years, Profit After Tax for PLUG reached as high as -$156.5 million in Q1 2022 and fell as low as -$1.3 billion in Q4 2024.
  • Historically, Profit After Tax has averaged -$361.1 million across 5 years, with a median of -$236.4 million in 2023.
  • Across the five-year window, Profit After Tax tumbled 187.48% in 2023 and soared 33.43% in 2025, its largest moves.
  • Year by year, Profit After Tax stood at -$223.5 million in 2022, then tumbled by 187.48% to -$642.4 million in 2023, then slumped by 107.88% to -$1.3 billion in 2024, then surged by 32.0% to -$908.0 million in 2025, then soared by 72.99% to -$245.3 million in 2026.
  • Per Business Quant data, the three most recent Profit After Tax figures were -$245.3 million in Q1 2026, -$908.0 million in Q4 2025, and -$361.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) PAT (Qtr)
1 Electrovaya 415.18 Bn 415.15 Bn 6.04 Mn 1.02 Mn
2 Vertiv Holdings 112.54 Bn 110.04 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 54.90 Bn 52.41 Bn 225.54 Mn 73.69 Mn
4 Hubbell 26.04 Bn 25.53 Bn 505.30 Mn 181.80 Mn
5 nVent Electric 24.70 Bn 24.51 Bn 445.60 Mn 145.60 Mn
6 Advanced Energy Industries 11.62 Bn 10.92 Bn 200.90 Mn 67.30 Mn
7 Acuity Inc. (De) 10.17 Bn 9.76 Bn 606.40 Mn 130.10 Mn
8 Powell Industries 8.51 Bn 7.96 Bn 87.94 Mn 45.89 Mn
9 EnerSys 7.18 Bn 6.74 Bn 290.87 Mn 77.30 Mn
10 Plug Power 2.93 Bn 2.53 Bn -21.61 Mn -245.30 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -245.30 Mn
Dec 31, 2025 -908.04 Mn
Sep 30, 2025 -361.87 Mn
Jun 30, 2025 -228.73 Mn
Mar 31, 2025 -196.90 Mn
Dec 31, 2024 -1.34 Bn
Sep 30, 2024 -211.17 Mn
Jun 30, 2024 -262.33 Mn
Mar 31, 2024 -295.78 Mn
Dec 31, 2023 -642.40 Mn
Sep 30, 2023 -283.48 Mn
Jun 30, 2023 -236.40 Mn
Mar 31, 2023 -206.56 Mn
Dec 31, 2022 -223.46 Mn
Sep 30, 2022 -170.76 Mn
Jun 30, 2022 -173.30 Mn
Mar 31, 2022 -156.49 Mn
Dec 31, 2021 -192.95 Mn
Sep 30, 2021 -106.67 Mn
Jun 30, 2021 -99.63 Mn