Plug Power (PLUG) Receivables (2010 - 2026)

Plug Power's (PLUG) quarterly Receivables came in at $211.6 million in Q1 2026, down 10.51% year-on-year from $236.5 million in Q1 2025, and down 11.84% on a QoQ basis from $240.0 million in Q4 2025.

Plug Power (PLUG) Receivables (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Receivables data on file, last reported at $211.6 million in Q1 2026.

  • On a quarterly basis, Receivables fell 10.51% year-over-year to $211.6 million in Q1 2026; TTM through Mar 2026 was $211.6 million, a 10.51% decrease from a year earlier, with the FY2025 full-year figure at $240.0 million, down 4.48% from the prior year.
  • Receivables for Q1 2026 stood at $211.6 million, down from $240.0 million in the prior quarter.
  • Over the last five years, Receivables for PLUG reached as high as $370.1 million in Q4 2023 and fell as low as $77.4 million in Q1 2022.
  • Historically, Receivables has averaged $235.7 million across 5 years, with a median of $236.5 million in 2025.
  • Across the five-year window, Receivables jumped 213.69% in 2023 and sank 39.94% in 2025, its largest moves.
  • Year by year, Receivables stood at $191.9 million in 2022, then surged by 92.83% to $370.1 million in 2023, then plunged by 32.09% to $251.3 million in 2024, then slipped by 4.48% to $240.0 million in 2025, then decreased by 11.84% to $211.6 million in 2026.
  • Per Business Quant data, the three most recent Receivables figures were $211.6 million in Q1 2026, $240.0 million in Q4 2025, and $193.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Receivables (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 19.47 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 3.15 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 602.00 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 1.03 Bn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 828.50 Mn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 376.70 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 610.90 Mn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 351.61 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 521.45 Mn
10 Plug Power 3.06 Bn 2.67 Bn -21.61 Mn 211.61 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 211.61 Mn
Dec 31, 2025 240.03 Mn
Sep 30, 2025 192.98 Mn
Jun 30, 2025 236.46 Mn
Mar 31, 2025 236.47 Mn
Dec 31, 2024 251.30 Mn
Sep 30, 2024 321.33 Mn
Jun 30, 2024 322.76 Mn
Mar 31, 2024 290.37 Mn
Dec 31, 2023 370.06 Mn
Sep 30, 2023 275.57 Mn
Jun 30, 2023 315.15 Mn
Mar 31, 2023 226.73 Mn
Dec 31, 2022 191.91 Mn
Sep 30, 2022 145.87 Mn
Jun 30, 2022 100.46 Mn
Mar 31, 2022 77.36 Mn
Dec 31, 2021 131.31 Mn
Sep 30, 2021 132.37 Mn
Jun 30, 2021 91.36 Mn