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

Plug Power (PLUG) has 11 years of Tax Rate data on file, last reported at 0.02% in Q1 2026.

• Quarterly Tax Rate changed N/A year-over-year to 0.02% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.02% (down 1.0% YoY) and the FY2025 annual result came in at 0.02%, changed 0.0% from the prior year.
• Tax Rate grew to 0.02% in Q1 2026 per PLUG's latest filing, from 0.03% in the prior quarter.
• Across five years, Tax Rate topped out at 1.63% in Q3 2023 and bottomed at 0.89% in Q3 2022.
• The 5-year median for Tax Rate is 0.01% (2025), against an average of 0.13%.
• The widest annual swing landed in 2022, when Tax Rate slumped 744 bps; it then soared 252 bps in 2023.
• Tracing PLUG's Tax Rate over 5 years: stood at 0.31% in 2022, then sank by 77 bps to 0.07% in 2023, then slumped by 161 bps to 0.04% in 2024, then surged by 33 bps to 0.03% in 2025, then soared by 41 bps to 0.02% in 2026.
• Per Business Quant, the three latest PLUG Tax Rate figures stand at 0.02% (Q1 2026), 0.03% (Q4 2025), and 0.03% (Q3 2025).

Peer Comparison