Plug Power (PLUG) Share-based Compensation (2010 - 2026)
Plug Power's Share-based Compensation was $12.95 million in Q2 2026, down 1.0% from $13.08 million a year earlier and down 7.1% from the prior quarter.
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Analysis
Plug Power (PLUG) Share-based Compensation (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Plug Power's Share-based Compensation was $53.27 million through Jun 30, 2026, down 19.7% year-over-year; for FY2025, it was $50.55 million, down 38.5% from FY2024.
- Share-based Compensation has now declined for three consecutive years, though with a five-year compound annual growth rate of 24.2% (FY2020 to FY2025).
- In earlier years, Share-based Compensation was $82.2 million in FY2024 (-49.5%), $162.91 million in FY2023 (-9.3%), $179.63 million in FY2022 (+134.9%) and $76.47 million in FY2021 (+346.3%).
- Quarterly Share-based Compensation has moved between $11.09 million (Q1 2025) and $46.74 million (Q3 2022) over five years.
- Compared with a year earlier, Share-based Compensation was higher in 1 of the last eight quarters, with an average decline of 26.2%.
- The best year-over-year quarter for Share-based Compensation over five years was Q4 2021 (growth of 428.8%); the worst was Q1 2024 (a decline of 68.4%).
- Per Business Quant data, PLUG's Share-based Compensation in the three quarters before Q2 2026 was $13.94 million (Q1 2026), $14.14 million (Q4 2025) and $12.24 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Plug Power | 2.60 Bn | 1.68 Bn | -1.68 Mn | 12.95 Mn |
| 2 | Rex American Resources | 1.41 Bn | 57.46 Mn | 53.30 Mn | - |
| 3 | Green Plains | 1.04 Bn | 438.04 Mn | 113.03 Mn | 2.31 Mn |
| 4 | Montauk Renewables | 401.08 Mn | 328.86 Mn | - | 516,000.00 |
| 5 | Clean Energy Fuels | 350.37 Mn | -305.43 Mn | 30.14 Mn | 2.25 Mn |
| 6 | Gevo | 331.30 Mn | 48.28 Mn | 19.80 Mn | 2.56 Mn |
| 7 | OPAL Fuels | 314.56 Mn | 47.17 Mn | 24.47 Mn | 2.06 Mn |
| 8 | Aemetis | 133.29 Mn | 117.04 Mn | 13.52 Mn | 1.12 Mn |
| 9 | Verde Clean Fuels | 50.79 Mn | -147.69 Mn | - | 486,000.00 |
| 10 | Blue Biofuels | 35.59 Mn | 35.40 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.95 Mn |
| Mar 31, 2026 | 13.94 Mn |
| Dec 31, 2025 | 14.14 Mn |
| Sep 30, 2025 | 12.24 Mn |
| Jun 30, 2025 | 13.08 Mn |
| Mar 31, 2025 | 11.09 Mn |
| Dec 31, 2024 | 18.08 Mn |
| Sep 30, 2024 | 24.11 Mn |
| Jun 30, 2024 | 26.31 Mn |
| Mar 31, 2024 | 13.70 Mn |
| Dec 31, 2023 | 33.83 Mn |
| Sep 30, 2023 | 45.85 Mn |
| Jun 30, 2023 | 39.92 Mn |
| Mar 31, 2023 | 43.30 Mn |
| Dec 31, 2022 | 44.64 Mn |
| Sep 30, 2022 | 46.74 Mn |
| Jun 30, 2022 | 44.86 Mn |
| Mar 31, 2022 | 43.39 Mn |
| Dec 31, 2021 | 41.66 Mn |
| Sep 30, 2021 | 14.00 Mn |
API Access
Plug Power Share-based Compensation 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=share-based-compensation&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();