Plug Power (PLUG) Receivables - Net (2010 - 2026)
Plug Power (PLUG) reported Receivables - Net of $106.5 million for Q1 2026, up 13213.87% year-over-year from N/an in Q1 2025, and down 20.96% quarter-over-quarter from $134.8 million in Q4 2025.
Plug Power (PLUG) Receivables - Net (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has 17 years of Receivables - Net data on file, last reported at $106.5 million in Q1 2026.
- Receivables - Net for Q1 2026 came in at $106.5 million, up 13213.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $106.5 million (up 13213.87% YoY), and the FY2024 annual result was $157.2 million, down 35.51% from the prior year.
- Receivables - Net declined to $106.5 million in Q1 2026 per PLUG's latest filing, from $134.8 million in the prior quarter.
- Over five years, Receivables - Net peaked at $243.8 million in Q4 2023 and troughed at $800000.0 in Q1 2025.
- A 5-year average of $117.8 million and a median of $129.4 million in 2022 frame the typical range for Receivables - Net.
- The sharpest annual moves came in 2025 and 2026: Receivables - Net sank 99.58% in 2025, then jumped 13213.87% in 2026.
- A 5-year view of Receivables - Net shows it stood at $129.4 million in 2022, then soared by 88.34% to $243.8 million in 2023, then sank by 35.51% to $157.2 million in 2024, then fell by 14.3% to $134.8 million in 2025, then decreased by 20.96% to $106.5 million in 2026.
- Business Quant data shows PLUG's Receivables - Net at $106.5 million in Q1 2026, $134.8 million in Q4 2025, and $1.0 million in Q3 2025.
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| Date | Value |
|---|---|
| Mar 31, 2026 | 106.51 Mn |
| Mar 31, 2026 | 106.51 Mn |
| Dec 31, 2025 | 134.76 Mn |
| Dec 31, 2025 | 134.76 Mn |
| Sep 30, 2025 | 1.00 Mn |
| Sep 30, 2025 | 1.00 Mn |
| Jun 30, 2025 | 800,000.00 |
| Jun 30, 2025 | 800,000.00 |
| Mar 31, 2025 | 800,000.00 |
| Mar 31, 2025 | 800,000.00 |
| Dec 31, 2024 | 157.24 Mn |
| Dec 31, 2024 | 157.24 Mn |
| Sep 30, 2024 | 167.22 Mn |
| Sep 30, 2024 | 167.22 Mn |
| Jun 30, 2024 | 189.86 Mn |
| Jun 30, 2024 | 189.86 Mn |
| Mar 31, 2024 | 148.82 Mn |
| Mar 31, 2024 | 148.82 Mn |
| Dec 31, 2023 | 243.81 Mn |
| Dec 31, 2023 | 243.81 Mn |