Plug Power (PLUG) Share-based Compensation (2010 - 2026)

Plug Power (PLUG) reported Share-based Compensation of $13.9 million for Q1 2026, up 25.71% year-over-year from $11.1 million in Q1 2025, and down 1.44% quarter-over-quarter from $14.1 million in Q4 2025.

Plug Power (PLUG) Share-based Compensation (2010 - 2026) Analysis & Trends

Plug Power (PLUG) has 17 years of Share-based Compensation data on file, last reported at $13.9 million in Q1 2026.

  • Share-based Compensation for Q1 2026 came in at $13.9 million, up 25.71% year-over-year; the trailing twelve-month figure through Mar 2026 was $42.3 million (down 22.97% YoY), and the FY2025 annual result was $50.5 million, down 38.51% from the prior year.
  • Share-based Compensation retreated to $13.9 million in Q1 2026 per PLUG's latest filing, from $14.1 million in the prior quarter.
  • Over five years, Share-based Compensation peaked at $44.6 million in Q4 2022 and troughed at $1.8 million in Q3 2022.
  • A 5-year average of $23.9 million and a median of $17.8 million in 2024 frame the typical range for Share-based Compensation.
  • The sharpest annual moves came in 2022 and 2024: Share-based Compensation soared 14390.32% in 2022, then sank 78.57% in 2024.
  • A 5-year view of Share-based Compensation shows it stood at $44.6 million in 2022, then fell by 2.75% to $43.4 million in 2023, then tumbled by 58.35% to $18.1 million in 2024, then decreased by 21.8% to $14.1 million in 2025, then slipped by 1.44% to $13.9 million in 2026.
  • Business Quant data shows PLUG's Share-based Compensation at $13.9 million in Q1 2026, $14.1 million in Q4 2025, and $10.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Stock Comp. (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 17.00 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 48.22 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 16.40 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 14.40 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 18.10 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 1.27 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -973,000.00
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 13.10 Mn
10 Plug Power 3.75 Bn 3.37 Bn -21.61 Mn 13.94 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 13.94 Mn
Mar 31, 2026 13.94 Mn
Dec 31, 2025 14.14 Mn
Dec 31, 2025 14.14 Mn
Sep 30, 2025 9.97 Mn
Sep 30, 2025 9.97 Mn
Jun 30, 2025 4.20 Mn
Jun 30, 2025 4.20 Mn
Mar 31, 2025 11.09 Mn
Mar 31, 2025 11.09 Mn
Dec 31, 2024 18.08 Mn
Dec 31, 2024 18.08 Mn
Sep 30, 2024 17.78 Mn
Sep 30, 2024 17.78 Mn
Jun 30, 2024 7.90 Mn
Jun 30, 2024 7.90 Mn
Mar 31, 2024 13.70 Mn
Mar 31, 2024 13.70 Mn
Dec 31, 2023 43.42 Mn
Dec 31, 2023 43.42 Mn