Growth Metrics

Plug Power (PLUG) Receivables - Net (2016 - 2025)

Plug Power (PLUG) has disclosed Receivables - Net for 16 consecutive years, with $134.8 million as the latest value for Q4 2025.

  • On a quarterly basis, Receivables - Net fell 14.3% to $134.8 million in Q4 2025 year-over-year; TTM through Dec 2025 was $134.8 million, a 14.3% decrease, with the full-year FY2025 number at $134.8 million, down 14.3% from a year prior.
  • Receivables - Net was $134.8 million for Q4 2025 at Plug Power, up from $124.0 million in the prior quarter.
  • In the past five years, Receivables - Net ranged from a high of $243.8 million in Q4 2023 to a low of $42.6 million in Q1 2021.
  • A 5-year average of $133.0 million and a median of $133.6 million in 2021 define the central range for Receivables - Net.
  • Peak YoY movement for Receivables - Net: surged 252.26% in 2023, then crashed 35.51% in 2024.
  • Plug Power's Receivables - Net stood at $92.7 million in 2021, then surged by 39.68% to $129.4 million in 2022, then skyrocketed by 88.34% to $243.8 million in 2023, then plummeted by 35.51% to $157.2 million in 2024, then dropped by 14.3% to $134.8 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Receivables - Net are $134.8 million (Q4 2025), $124.0 million (Q3 2025), and $138.7 million (Q2 2025).