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

Plug Power (PLUG) has reported Tax Rate for 11 consecutive years, with 0.11% the latest figure, recorded in Q2 2026.

• On a quarterly basis, Tax Rate fell 10.0% year-over-year to 0.11% in Q2 2026; TTM through Jun 2026 was 20.86%, a 154.0% decrease from a year earlier, with the FY2025 full-year figure at 21.0%, changed 0.0% from the prior year.
• Tax Rate was 0.11% for Q2 2026 at Plug Power, down from 0.02% in the prior quarter.
• Over five years, Tax Rate peaked at 43.89% in Q4 2023 and troughed at 0.9% in Q3 2022.
• A 5-year average of 6.96% and a median of 0.15% in 2024 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate soared 4358 bps in 2023 and plunged 1082 bps in 2024, its largest moves.
• Over 5 years, Tax Rate stood at 0.31% in 2022, then jumped by 14137 bps to 43.89% in 2023, then decreased by 25 bps to 33.07% in 2024, then gained by 19 bps to 39.33% in 2025, then slumped by 100 bps to 0.11% in 2026.
• The last three Tax Rate figures came in at 0.11% (Q2 2026), 0.02% (Q1 2026), and 39.33% (Q4 2025), per Business Quant data.