Growth Metrics

Plug Power (PLUG) Tax Provisions (2013 - 2026)

Plug Power (PLUG) reported Tax Provisions of $41000.0 for Q1 2026, down 83.98% on a QoQ basis from $256000.0 in Q4 2025.

Plug Power (PLUG) has 11 years of Tax Provisions data on file, last reported at $41000.0 in Q1 2026.

  • Quarterly Tax Provisions changed N/A year-over-year to $41000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $401000.0 (up 39.24% YoY) and the FY2025 annual result came in at $356000.0, down 24.09% from the prior year.
  • Tax Provisions eased to $41000.0 in Q1 2026 per PLUG's latest filing, from $256000.0 in the prior quarter.
  • Across five years, Tax Provisions topped out at $1.5 million in Q3 2022 and bottomed at -$4.7 million in Q3 2023.
  • The 5-year median for Tax Provisions is $26500.0 (2025), against an average of -$352312.5.
  • The widest annual swing landed in 2023, when Tax Provisions slumped 413.33%; it then jumped 227.01% in 2024.
  • Tracing PLUG's Tax Provisions over 5 years: stood at -$691000.0 in 2022, then soared by 35.17% to -$448000.0 in 2023, then jumped by 227.01% to $569000.0 in 2024, then tumbled by 55.01% to $256000.0 in 2025, then tumbled by 83.98% to $41000.0 in 2026.
  • Per Business Quant, the three latest PLUG Tax Provisions figures stand at $41000.0 (Q1 2026), $256000.0 (Q4 2025), and $92000.0 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 48.20 Mn
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 400,000.00
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 36.50 Mn
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 53.40 Mn
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 2.70 Mn
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 15.90 Mn
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 26.10 Mn
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 21.81 Mn
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 41,000.00
10 Hayward Holdings 3.01 Bn 2.78 Bn 118.70 Mn 6.76 Mn

Historic Data

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DateValue
Mar 31, 2026 41,000.00
Dec 31, 2025 256,000.00
Sep 30, 2025 92,000.00
Jun 30, 2025 12,000.00
Dec 31, 2024 569,000.00
Sep 30, 2024 95,000.00
Jun 30, 2024 -376,000.00
Mar 31, 2024 200,000.00
Dec 31, 2023 -448,000.00
Sep 30, 2023 -4.70 Mn
Jun 30, 2023 -917,000.00
Mar 31, 2023 -1.27 Mn
Dec 31, 2022 -691,000.00
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 -6.64 Mn
Jun 30, 2020 -17.40 Mn
Dec 31, 2018 -1.71 Mn
Sep 30, 2018 -1.72 Mn
Jun 30, 2018 -2.91 Mn
Mar 31, 2018 -2.95 Mn
Mar 31, 2016 -392,000.00
Sep 30, 2014 -325,000.00
Dec 31, 2013 259.00
Sep 30, 2013 -410,259.00