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| Date | Value |
|---|---|
| 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 |