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
DateValue
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