Plug Power PLUG
NASDAQ PLUG
$2.13 -0.05 (-2.07%)
As of: Sep 10, 2026 · 11:09 AM EDT

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

Historic Data

Download Data
DateValue
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