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
DateValue
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