Plug Power (PLUG) Retained Earnings (2010 - 2026)
Plug Power (PLUG) posted quarterly Retained Earnings of -$8.5 billion for Q1 2026, down 162392.83% year-over-year from N/an in Q1 2025, and down 125173.57% quarter-over-quarter from $6.8 million in Q4 2025.
Plug Power (PLUG) Retained Earnings (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Retained Earnings for 17 consecutive years, with -$8.5 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Retained Earnings fell 162392.83% year-over-year to -$8.5 billion; the TTM figure through Mar 2026 stood at -$8.5 billion (down 162392.83% YoY), while the FY2025 annual figure was $6.8 million, down 99.92% from the prior year.
- Retained Earnings eased to -$8.5 billion in Q1 2026 per PLUG's latest filing, from $6.8 million in the prior quarter.
- Across five years, Retained Earnings topped out at $8.9 billion in Q3 2025 and bottomed at -$8.5 billion in Q1 2026.
- Historically, Retained Earnings has averaged $71.2 million across 5 years, with a median of -$9.1 million in 2024.
- Annual changes were most pronounced in 2025 — Retained Earnings surged 543951.35% — and 2026, when it plunged 162392.83%.
- Plug Power's Retained Earnings stood at $7.3 billion in 2022, then plunged by 161.53% to -$4.5 billion in 2023, then jumped by 287.77% to $8.4 billion in 2024, then plunged by 99.92% to $6.8 million in 2025, then slumped by 125173.57% to -$8.5 billion in 2026.
- Business Quant data shows PLUG's Retained Earnings at -$8.5 billion in Q1 2026, $6.8 million in Q4 2025, and $8.9 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 2.95 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 5.33 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 2.04 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | - |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 1.23 Bn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 4.63 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 759.40 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 2.85 Bn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 1.12 Bn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 9.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.23 Bn |
| Mar 31, 2026 | -8.50 Bn |
| Dec 31, 2025 | 6.80 Mn |
| Sep 30, 2025 | 8.89 Bn |
| Jun 30, 2025 | 3.48 Mn |
| Mar 31, 2025 | -5.23 Mn |
| Dec 31, 2024 | 8.43 Bn |
| Sep 30, 2024 | -1.63 Mn |
| Jun 30, 2024 | -5.05 Bn |
| Mar 31, 2024 | -9.08 Mn |
| Dec 31, 2023 | -4.49 Bn |
| Sep 30, 2023 | -3.80 Bn |
| Jun 30, 2023 | 7.41 Bn |
| Mar 31, 2023 | -3.33 Bn |
| Dec 31, 2022 | 7.30 Bn |
| Sep 30, 2022 | -2.90 Bn |
| Jun 30, 2022 | -2.73 Bn |
| Mar 31, 2022 | -18.46 Mn |
| Dec 31, 2021 | -1.53 Mn |
| Sep 30, 2021 | 6.98 Bn |