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Plug Power (PLUG) Research & Development (2016 - 2025)

Historic Research & Development for Plug Power (PLUG) over the last 17 years, with Q3 2025 value amounting to $16.1 million.

  • Plug Power's Research & Development fell 1823.25% to $16.1 million in Q3 2025 from the same period last year, while for Sep 2025 it was $59.0 million, marking a year-over-year decrease of 3743.42%. This contributed to the annual value of $77.2 million for FY2024, which is 3210.6% down from last year.
  • As of Q3 2025, Plug Power's Research & Development stood at $16.1 million, which was down 1823.25% from $12.2 million recorded in Q2 2025.
  • Over the past 5 years, Plug Power's Research & Development peaked at $30.3 million during Q4 2023, and registered a low of $9.7 million during Q1 2021.
  • Over the past 5 years, Plug Power's median Research & Development value was $20.5 million (recorded in 2022), while the average stood at $21.1 million.
  • Its Research & Development has fluctuated over the past 5 years, first skyrocketed by 15093.85% in 2021, then crashed by 5613.7% in 2024.
  • Quarter analysis of 5 years shows Plug Power's Research & Development stood at $27.1 million in 2021, then increased by 1.17% to $27.5 million in 2022, then grew by 10.39% to $30.3 million in 2023, then crashed by 56.14% to $13.3 million in 2024, then rose by 21.24% to $16.1 million in 2025.
  • Its last three reported values are $16.1 million in Q3 2025, $12.2 million for Q2 2025, and $17.4 million during Q1 2025.