Plug Power (PLUG) Tax Provisions (2013 - 2026)
Plug Power's (PLUG) quarterly Tax Provisions came in at $41000.0 in Q1 2026, up 100.01% on a QoQ basis from -$355.7 million in Q4 2025.
Plug Power (PLUG) Tax Provisions (2013 - 2026) Analysis & Trends
Plug Power (PLUG) has 11 years of Tax Provisions data on file, last reported at $41000.0 in Q1 2026.
- On a quarterly basis, Tax Provisions changed N/A year-over-year to $41000.0 in Q1 2026; TTM through Mar 2026 was -$355.6 million, a 114426.37% decrease from a year earlier, with the FY2025 full-year figure at -$355.6 million, down 75920.04% from the prior year.
- Tax Provisions for Q1 2026 stood at $41000.0, up from -$355.7 million in the prior quarter.
- Over the last five years, Tax Provisions for PLUG reached as high as $9.7 million in Q4 2023 and fell as low as -$355.7 million in Q4 2025.
- Historically, Tax Provisions has averaged -$22.0 million across 5 years, with a median of $26500.0 in 2025.
- Across the five-year window, Tax Provisions surged 1564.9% in 2023 and slumped 60696.25% in 2025, its largest moves.
- Year by year, Tax Provisions stood at -$661000.0 in 2022, then jumped by 1564.9% to $9.7 million in 2023, then tumbled by 93.94% to $587000.0 in 2024, then slumped by 60696.25% to -$355.7 million in 2025, then soared by 100.01% to $41000.0 in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were $41000.0 in Q1 2026, -$355.7 million in Q4 2025, and $92000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | - |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 48.20 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 445,000.00 |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 53.40 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 36.50 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 2.70 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 44.20 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 15.90 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 21.81 Mn |
| 10 | Plug Power | 3.06 Bn | 2.67 Bn | -21.61 Mn | 41,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 41,000.00 |
| Dec 31, 2025 | -355.70 Mn |
| Sep 30, 2025 | 92,000.00 |
| Jun 30, 2025 | 12,000.00 |
| Dec 31, 2024 | 587,000.00 |
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | -376,000.00 |
| Mar 31, 2024 | 163,000.00 |
| Dec 31, 2023 | 9.68 Mn |
| Sep 30, 2023 | -4.70 Mn |
| Jun 30, 2023 | -900,000.00 |
| Mar 31, 2023 | -1.30 Mn |
| Dec 31, 2022 | -661,000.00 |
| Sep 30, 2022 | 1.50 Mn |
| Jun 30, 2022 | 400,000.00 |
| Mar 31, 2022 | -400,000.00 |
| Dec 31, 2021 | -16.20 Mn |
| Dec 31, 2020 | -6.83 Mn |
| Sep 30, 2020 | -6.60 Mn |
| Jun 30, 2020 | -17.40 Mn |