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Plug Power (PLUG) Tax Rate (2018 - 2025)

Plug Power (PLUG) has disclosed Tax Rate for 9 consecutive years, with 0.03% as the latest value for Q4 2025.

  • On a quarterly basis, Tax Rate fell 22.0% to 0.03% in Q4 2025 year-over-year; TTM through Dec 2025 was 0.02%, a 15.0% decrease, with the full-year FY2025 number at 0.02%, down 15.0% from a year prior.
  • Tax Rate was 0.03% for Q4 2025 at Plug Power, down from 0.03% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 7.75% in Q4 2021 to a low of 0.89% in Q3 2022.
  • A 5-year average of 0.63% and a median of 0.11% in 2023 define the central range for Tax Rate.
  • Peak YoY movement for Tax Rate: soared 635bps in 2021, then tumbled -736bps in 2022.
  • Plug Power's Tax Rate stood at 7.75% in 2021, then crashed by -95bps to 0.38% in 2022, then plummeted by -82bps to 0.07% in 2023, then skyrocketed by 177bps to 0.19% in 2024, then crashed by -114bps to 0.03% in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Tax Rate are 0.03% (Q4 2025), 0.03% (Q3 2025), and 0.01% (Q2 2025).