Plug Power (PLUG) Profit After Tax (2010 - 2026)
Plug Power (PLUG) reported Profit After Tax of -$246.0 million for Q1 2026, down 24.96% year-over-year from -$327.8 million in Q1 2025, and up 72.99% on a QoQ basis from -$910.9 million in Q4 2025.
Plug Power (PLUG) has 17 years of Profit After Tax data on file, last reported at -$246.0 million in Q1 2026.
- Quarterly Profit After Tax fell 24.96% year-over-year to -$246.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$1.7 billion (up 12.59% YoY) and the FY2025 annual result came in at -$1.7 billion, up 19.05% from the prior year.
- Profit After Tax rose to -$246.0 million in Q1 2026 per PLUG's latest filing, from -$910.9 million in the prior quarter.
- Across five years, Profit After Tax topped out at -$156.5 million in Q1 2022 and bottomed at -$1.3 billion in Q4 2024.
- The 5-year median for Profit After Tax is -$236.4 million (2023), against an average of -$361.1 million.
- The widest annual swing landed in 2023, when Profit After Tax slumped 187.47%; it then surged 33.44% in 2025.
- Tracing PLUG's Profit After Tax over 5 years: stood at -$223.5 million in 2022, then tumbled by 187.47% to -$642.4 million in 2023, then plunged by 107.15% to -$1.3 billion in 2024, then soared by 31.55% to -$910.9 million in 2025, then surged by 72.99% to -$246.0 million in 2026.
- Per Business Quant, the three latest PLUG Profit After Tax figures stand at -$246.0 million (Q1 2026), -$910.9 million (Q4 2025), and -$363.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PAT (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 390.10 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 73.69 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 140.40 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 181.80 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 66.80 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 45.89 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 96.80 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 77.30 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -246.00 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 23.36 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -246.00 Mn |
| Dec 31, 2025 | -910.90 Mn |
| Sep 30, 2025 | -363.50 Mn |
| Jun 30, 2025 | -228.73 Mn |
| Mar 31, 2025 | -196.86 Mn |
| Dec 31, 2024 | -1.33 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 | -223.47 Mn |
| Sep 30, 2022 | -170.76 Mn |
| Jun 30, 2022 | -173.30 Mn |
| Mar 31, 2022 | -156.49 Mn |
| Dec 31, 2021 | -192.91 Mn |
| Sep 30, 2021 | -106.67 Mn |
| Jun 30, 2021 | -99.63 Mn |
| Mar 31, 2021 | -60.75 Mn |
| Dec 31, 2020 | -484.11 Mn |
| Sep 30, 2020 | -65.22 Mn |
| Jun 30, 2020 | -9.40 Mn |
| Mar 31, 2020 | -37.43 Mn |
| Dec 31, 2019 | -18.04 Mn |
| Sep 30, 2019 | -17.82 Mn |
| Jun 30, 2019 | -17.34 Mn |
| Mar 31, 2019 | -30.55 Mn |
| Dec 31, 2018 | -24.34 Mn |
| Sep 30, 2018 | -15.57 Mn |
| Jun 30, 2018 | -25.87 Mn |
| Mar 31, 2018 | -19.84 Mn |
| Dec 31, 2017 | -19.44 Mn |
| Sep 30, 2017 | -40.98 Mn |
| Jun 30, 2017 | -42.62 Mn |
| Mar 31, 2017 | -24.04 Mn |
| Dec 31, 2016 | -19.21 Mn |
| Sep 30, 2016 | -13.39 Mn |
| Jun 30, 2016 | -13.13 Mn |
| Mar 31, 2016 | -11.75 Mn |
| Dec 31, 2015 | -25.20 Mn |
| Sep 30, 2015 | -10.21 Mn |
| Jun 30, 2015 | -9.23 Mn |
| Mar 31, 2015 | -11.05 Mn |
| Dec 31, 2014 | -7.16 Mn |
| Sep 30, 2014 | -9.35 Mn |
| Jun 30, 2014 | 3.88 Mn |
| Mar 31, 2014 | -75.86 Mn |
| Dec 31, 2013 | -28.88 Mn |
| Sep 30, 2013 | -15.90 Mn |
| Jun 30, 2013 | -9.32 Mn |
| Mar 31, 2013 | -8.58 Mn |
| Dec 31, 2012 | -8,474.00 |
| Sep 30, 2012 | -10.33 Mn |
| Jun 30, 2012 | -6.48 Mn |
| Mar 31, 2012 | -6.58 Mn |
| Dec 31, 2011 | -7,167.00 |
| Sep 30, 2011 | -6,291.00 |
| Jun 30, 2011 | -6,753.00 |
| Mar 31, 2011 | -7,243.00 |
| Dec 31, 2010 | -8.63 Mn |
| Sep 30, 2010 | -9.29 Mn |
| Jun 30, 2010 | -18.52 Mn |