Plug Power (PLUG) Receivables (2010 - 2026)
Plug Power (PLUG) reported Receivables of $211.6 million for Q1 2026, up 183.66% year-over-year from $74.6 million in Q1 2025, and down 11.84% on a QoQ basis from $240.0 million in Q4 2025.
Plug Power (PLUG) has 17 years of Receivables data on file, last reported at $211.6 million in Q1 2026.
- Quarterly Receivables rose 183.66% year-over-year to $211.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $211.6 million (up 183.66% YoY) and the FY2025 annual result came in at $105.3 million, down 58.11% from the prior year.
- Receivables retreated to $211.6 million in Q1 2026 per PLUG's latest filing, from $240.0 million in the prior quarter.
- Across five years, Receivables topped out at $370.1 million in Q4 2023 and bottomed at $74.6 million in Q1 2025.
- The 5-year median for Receivables is $233.7 million (2022), against an average of $218.3 million.
- The widest annual swing landed in 2023, when Receivables surged 239.04%; it then tumbled 73.24% in 2025.
- Tracing PLUG's Receivables over 5 years: stood at $233.7 million in 2022, then jumped by 58.32% to $370.1 million in 2023, then sank by 32.09% to $251.3 million in 2024, then dropped by 4.48% to $240.0 million in 2025, then slipped by 11.84% to $211.6 million in 2026.
- Per Business Quant, the three latest PLUG Receivables figures stand at $211.6 million (Q1 2026), $240.0 million (Q4 2025), and $193.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 3.15 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 665.28 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 1.02 Bn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 1.03 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 376.70 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 351.61 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 579.00 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 521.45 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 211.61 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 430.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 211.61 Mn |
| Dec 31, 2025 | 240.03 Mn |
| Sep 30, 2025 | 192.98 Mn |
| Jun 30, 2025 | 98.51 Mn |
| Mar 31, 2025 | 74.60 Mn |
| Dec 31, 2024 | 251.30 Mn |
| Sep 30, 2024 | 146.90 Mn |
| Jun 30, 2024 | 352.29 Mn |
| Mar 31, 2024 | 278.82 Mn |
| Dec 31, 2023 | 370.06 Mn |
| Sep 30, 2023 | 304.64 Mn |
| Jun 30, 2023 | 341.23 Mn |
| Mar 31, 2023 | 252.15 Mn |
| Dec 31, 2022 | 233.74 Mn |
| Sep 30, 2022 | 166.35 Mn |
| Jun 30, 2022 | 100.65 Mn |
| Mar 31, 2022 | 96.04 Mn |
| Dec 31, 2021 | 131.43 Mn |
| Sep 30, 2021 | 141.65 Mn |
| Jun 30, 2021 | 102.91 Mn |
| Mar 31, 2021 | 44.38 Mn |
| Dec 31, 2020 | 61.23 Mn |
| Sep 30, 2020 | 125.53 Mn |
| Jun 30, 2020 | 66.26 Mn |
| Mar 31, 2020 | 45.32 Mn |
| Dec 31, 2019 | 39.02 Mn |
| Sep 30, 2019 | 29.06 Mn |
| Jun 30, 2019 | 31.22 Mn |
| Mar 31, 2019 | 35.83 Mn |
| Dec 31, 2018 | 40.68 Mn |
| Sep 30, 2018 | 32.45 Mn |
| Jun 30, 2018 | 37.76 Mn |
| Mar 31, 2018 | 40.68 Mn |
| Dec 31, 2017 | 25.32 Mn |
| Sep 30, 2017 | 52.87 Mn |
| Jun 30, 2017 | 15.27 Mn |
| Mar 31, 2017 | 24.65 Mn |
| Dec 31, 2016 | 65.52 Mn |
| Sep 30, 2016 | 12.01 Mn |
| Jun 30, 2016 | 59.58 Mn |
| Mar 31, 2016 | 57.48 Mn |
| Dec 31, 2015 | 23.15 Mn |
| Sep 30, 2015 | 47.75 Mn |
| Jun 30, 2015 | 23.12 Mn |
| Mar 31, 2015 | 8.71 Mn |
| Dec 31, 2014 | 16.71 Mn |
| Sep 30, 2014 | 15.03 Mn |
| Jun 30, 2014 | 16.46 Mn |
| Mar 31, 2014 | 6.34 Mn |
| Dec 31, 2013 | 4.81 Mn |
| Sep 30, 2013 | 4.30 Mn |
| Jun 30, 2013 | 4.35 Mn |
| Mar 31, 2013 | 5.58 Mn |
| Dec 31, 2012 | 4.14 Mn |
| Sep 30, 2012 | 7.66 Mn |
| Jun 30, 2012 | 11.13 Mn |
| Mar 31, 2012 | 12.97 Mn |
| Dec 31, 2011 | 13.39 Mn |
| Sep 30, 2011 | 5.22 Mn |
| Jun 30, 2011 | 4.13 Mn |
| Dec 31, 2010 | 4.20 Mn |