Plug Power (PLUG) Selling, General & Administrative (2010 - 2026)
Plug Power's Selling, General & Administrative was $29.27 million in Q2 2026, down 66.7% from $87.89 million a year earlier and down 58.3% from the prior quarter.
Powered by 
Analysis
Plug Power (PLUG) Selling, General & Administrative (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Plug Power's Selling, General & Administrative was $310.31 million through Jun 30, 2026, down 18.7% year-over-year; for FY2025, it was $379.57 million, up 0.9% from FY2024.
- Selling, General & Administrative shows a five-year compound annual growth rate of 36.8% (FY2020 to FY2025).
- In earlier years, Selling, General & Administrative was $376.11 million in FY2024 (-11.0%), $422.47 million in FY2023 (+16.1%), $363.93 million in FY2022 (+102.3%) and $179.85 million in FY2021 (+126.7%).
- The Q2 2026 figure marks the lowest quarterly Selling, General & Administrative since Q1 2021.
- Compared with a year earlier, Selling, General & Administrative has declined for three straight quarters, with an average decline of 9.3% over the last eight quarters.
- The best year-over-year quarter for Selling, General & Administrative over five years was Q1 2022 (growth of 216.2%); the worst was Q2 2026 (a decline of 66.7%).
- Per Business Quant data, PLUG's Selling, General & Administrative in the three quarters before Q2 2026 was $70.21 million (Q1 2026), $100.25 million (Q4 2025) and $110.59 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | SG&A (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.71 Bn | 1.80 Bn | -1.68 Mn | 29.27 Mn |
| 2 | Rex American Resources | 1.44 Bn | 86.32 Mn | 53.30 Mn | 15.62 Mn |
| 3 | Green Plains | 1.06 Bn | 456.27 Mn | 113.03 Mn | 21.71 Mn |
| 4 | Montauk Renewables | 391.06 Mn | 318.84 Mn | - | 7.67 Mn |
| 5 | Clean Energy Fuels | 343.76 Mn | -312.04 Mn | 30.14 Mn | 24.59 Mn |
| 6 | Gevo | 326.35 Mn | 43.33 Mn | 19.80 Mn | 12.88 Mn |
| 7 | OPAL Fuels | 305.82 Mn | 38.43 Mn | 24.47 Mn | 14.27 Mn |
| 8 | Aemetis | 128.25 Mn | 112.00 Mn | 13.52 Mn | 7.74 Mn |
| 9 | Verde Clean Fuels | 47.67 Mn | -150.80 Mn | - | 2.36 Mn |
| 10 | Blue Biofuels | 32.35 Mn | 32.16 Mn | - | 397,408.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.27 Mn |
| Mar 31, 2026 | 70.21 Mn |
| Dec 31, 2025 | 100.25 Mn |
| Sep 30, 2025 | 110.59 Mn |
| Jun 30, 2025 | 87.89 Mn |
| Mar 31, 2025 | 80.84 Mn |
| Dec 31, 2024 | 121.42 Mn |
| Sep 30, 2024 | 91.59 Mn |
| Jun 30, 2024 | 85.14 Mn |
| Mar 31, 2024 | 77.96 Mn |
| Dec 31, 2023 | 111.85 Mn |
| Sep 30, 2023 | 105.45 Mn |
| Jun 30, 2023 | 101.15 Mn |
| Mar 31, 2023 | 104.02 Mn |
| Dec 31, 2022 | 101.51 Mn |
| Sep 30, 2022 | 85.58 Mn |
| Jun 30, 2022 | 95.95 Mn |
| Mar 31, 2022 | 80.89 Mn |
| Dec 31, 2021 | 73.20 Mn |
| Sep 30, 2021 | 42.42 Mn |
API Access
Plug Power Selling, General & Administrative API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "selling-general-and-administrative", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=selling-general-and-administrative&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();