Plug Power (PLUG) Tax Provisions (2013 - 2026)
Plug Power (PLUG) posted quarterly Tax Provisions of $41000.0 for Q1 2026, up 100.01% quarter-over-quarter from -$355.7 million in Q4 2025.
Plug Power (PLUG) Tax Provisions (2013 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Tax Provisions for 11 consecutive years, with $41000.0 the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions changed N/A year-over-year to $41000.0; the TTM figure through Mar 2026 stood at -$355.6 million (down 114426.37% YoY), while the FY2025 annual figure was -$355.6 million, down 75920.04% from the prior year.
- Tax Provisions climbed to $41000.0 in Q1 2026 per PLUG's latest filing, from -$355.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $9.7 million in Q4 2023 and bottomed at -$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.
- Annual changes were most pronounced in 2023 — Tax Provisions jumped 1564.9% — and 2025, when it plunged 60696.25%.
- Plug Power's Tax Provisions stood at -$661000.0 in 2022, then surged 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 jumped by 100.01% to $41000.0 in 2026.
- Business Quant data shows PLUG's Tax Provisions at $41000.0 in Q1 2026, -$355.7 million in Q4 2025, and $92000.0 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 122.20 Mn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 1.50 Mn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 66.20 Mn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 61.50 Mn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 12.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 44.20 Mn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 16.96 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 18.56 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 13.64 Mn |
| 10 | Plug Power | 3.05 Bn | 2.74 Bn | -1.68 Mn | 207,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 207,000.00 |
| 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 |