Plug Power (PLUG) Raw Materials (2013 - 2026)

Plug Power (PLUG) reported Raw Materials of $347.0 million for Q1 2026, down 1.1% quarter-over-quarter from $350.9 million in Q4 2025.

Plug Power (PLUG) Raw Materials (2013 - 2026) Analysis & Trends

Plug Power (PLUG) has 9 years of Raw Materials data on file, last reported at $347.0 million in Q1 2026.

  • Raw Materials for Q1 2026 came in at $347.0 million, changed N/A year-over-year; the trailing twelve-month figure through Mar 2026 was $347.0 million (changed N/A YoY), and the FY2025 annual result was $350.9 million, down 15.33% from the prior year.
  • Raw Materials retreated to $347.0 million in Q1 2026 per PLUG's latest filing, from $350.9 million in the prior quarter.
  • Over five years, Raw Materials peaked at $414.4 million in Q4 2024 and troughed at $347.0 million in Q1 2026.
  • A 3-year average of $370.8 million and a median of $350.9 million in 2025 frame the typical range for Raw Materials.
  • On a YoY basis, Raw Materials climbed as much as 15.33% in 2025 and fell as far as 15.33% in 2025.
  • A 3-year view of Raw Materials shows it stood at $414.4 million in 2024, then slipped by 15.33% to $350.9 million in 2025, then declined by 1.1% to $347.0 million in 2026.
  • Business Quant data shows PLUG's Raw Materials at $347.0 million in Q1 2026, $350.9 million in Q4 2025, and $414.4 million in Q4 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 347.03 Mn
Dec 31, 2025 350.91 Mn
Dec 31, 2024 414.44 Mn
Sep 30, 2018 40.12 Mn
Jun 30, 2018 34.69 Mn
Mar 31, 2018 40.48 Mn
Dec 31, 2017 42.85 Mn
Sep 30, 2017 37.28 Mn
Jun 30, 2017 31.04 Mn
Mar 31, 2017 27.51 Mn
Dec 31, 2016 26.30 Mn
Sep 30, 2016 24.93 Mn
Jun 30, 2016 29.13 Mn
Mar 31, 2016 26.71 Mn
Dec 31, 2015 23.71 Mn
Sep 30, 2015 20.21 Mn
Jun 30, 2015 23.30 Mn
Mar 31, 2015 22.65 Mn
Dec 31, 2014 18.50 Mn
Sep 30, 2014 17.21 Mn