Plug Power (PLUG) Revenue (2010 - 2026)
Plug Power's (PLUG) quarterly Revenue came in at $178.3 million in Q2 2026, up 2.49% year-over-year from $174.0 million in Q2 2025, and up 9.04% quarter-over-quarter from $163.5 million in Q1 2026.
Analysis
Plug Power (PLUG) Revenue (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Revenue for 17 consecutive years, with $178.3 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Revenue rose 2.49% year-over-year to $178.3 million in Q2 2026; TTM through Jun 2026 was $744.1 million, a 10.59% increase from a year earlier, with the FY2025 full-year figure at $709.9 million, up 12.9% from the prior year.
- Revenue was $178.3 million for Q2 2026 at Plug Power, up from $163.5 million in the prior quarter.
- Over five years, Revenue peaked at $260.2 million in Q2 2023 and troughed at $120.3 million in Q1 2024.
- A 5-year average of $181.9 million and a median of $177.7 million in 2025 frame the typical range for Revenue.
- Across the five-year window, Revenue surged 95.68% in 2022 and tumbled 44.9% in 2024, its largest moves.
- Over 5 years, Revenue stood at $220.7 million in 2022, then rose by 0.64% to $222.2 million in 2023, then decreased by 13.81% to $191.5 million in 2024, then grew by 17.63% to $225.2 million in 2025, then dropped by 20.83% to $178.3 million in 2026.
- The last three Revenue figures came in at $178.3 million (Q2 2026), $163.5 million (Q1 2026), and $225.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.95 Bn | 2.63 Bn | -1.68 Mn | 178.30 Mn |
| 2 | NewHydrogen | 12.64 Mn | 12.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 178.30 Mn |
| Mar 31, 2026 | 163.51 Mn |
| Dec 31, 2025 | 225.22 Mn |
| Sep 30, 2025 | 177.06 Mn |
| Jun 30, 2025 | 173.97 Mn |
| Mar 31, 2025 | 133.67 Mn |
| Dec 31, 2024 | 191.47 Mn |
| Sep 30, 2024 | 173.73 Mn |
| Jun 30, 2024 | 143.35 Mn |
| Mar 31, 2024 | 120.26 Mn |
| Dec 31, 2023 | 222.16 Mn |
| Sep 30, 2023 | 198.71 Mn |
| Jun 30, 2023 | 260.18 Mn |
| Mar 31, 2023 | 210.29 Mn |
| Dec 31, 2022 | 220.74 Mn |
| Sep 30, 2022 | 188.63 Mn |
| Jun 30, 2022 | 151.27 Mn |
| Mar 31, 2022 | 140.80 Mn |
| Dec 31, 2021 | 161.91 Mn |
| Sep 30, 2021 | 143.92 Mn |