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Plug Power (PLUG) Revenue (2016 - 2025)

Plug Power (PLUG) has disclosed Revenue for 16 consecutive years, with $225.2 million as the latest value for Q4 2025.

  • Quarterly Revenue rose 17.63% to $225.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $709.9 million through Dec 2025, up 12.9% year-over-year, with the annual reading at $709.9 million for FY2025, 12.9% up from the prior year.
  • Revenue for Q4 2025 was $225.2 million at Plug Power, up from $177.1 million in the prior quarter.
  • The five-year high for Revenue was $260.2 million in Q2 2023, with the low at $72.0 million in Q1 2021.
  • Average Revenue over 5 years is $171.7 million, with a median of $173.8 million recorded in 2024.
  • The sharpest move saw Revenue crashed 47.62% in 2021, then skyrocketed 95.68% in 2022.
  • Over 5 years, Revenue stood at $161.9 million in 2021, then soared by 36.34% to $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.
  • According to Business Quant data, Revenue over the past three periods came in at $225.2 million, $177.1 million, and $174.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.