Plug Power (PLUG) Restructuring Costs (2024 - 2026)

Plug Power (PLUG) reported Restructuring Costs of $1.4 million for Q1 2026, down 91.86% year-over-year from $17.2 million in Q1 2025, and up 444.75% quarter-over-quarter from $257000.0 in Q4 2025.

Plug Power (PLUG) Restructuring Costs (2024 - 2026) Analysis & Trends

Plug Power (PLUG) has 3 years of Restructuring Costs data on file, last reported at $1.4 million in Q1 2026.

  • Restructuring Costs for Q1 2026 came in at $1.4 million, down 91.86% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.1 million (down 47.5% YoY), and the FY2025 annual result was $25.9 million, up 217.15% from the prior year.
  • Restructuring Costs improved to $1.4 million in Q1 2026 per PLUG's latest filing, from $257000.0 in the prior quarter.
  • Over five years, Restructuring Costs peaked at $17.2 million in Q1 2025 and troughed at -$1000.0 in Q4 2024.
  • A 3-year average of $3.9 million and a median of $1.6 million in 2024 frame the typical range for Restructuring Costs.
  • The sharpest annual moves came in 2025 and 2026: Restructuring Costs jumped 25800.0% in 2025, then slumped 91.86% in 2026.
  • A 3-year view of Restructuring Costs shows it stood at -$1000.0 in 2024, then jumped by 25800.0% to $257000.0 in 2025, then surged by 444.75% to $1.4 million in 2026.
  • Business Quant data shows PLUG's Restructuring Costs at $1.4 million in Q1 2026, $257000.0 in Q4 2025, and $5.5 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 1.40 Mn
Dec 31, 2025 257,000.00
Sep 30, 2025 5.52 Mn
Jun 30, 2025 2.96 Mn
Mar 31, 2025 17.20 Mn
Dec 31, 2024 -1,000.00
Sep 30, 2024 514,000.00
Jun 30, 2024 1.60 Mn
Mar 31, 2024 6.01 Mn