Plug Power (PLUG) Total Current Liabilities (2010 - 2026)
Plug Power (PLUG) posted quarterly Total Current Liabilities of $540.7 million for Q1 2026, down 31.42% year-over-year from $788.4 million in Q1 2025, and down 11.45% quarter-over-quarter from $610.6 million in Q4 2025.
Plug Power (PLUG) Total Current Liabilities (2010 - 2026) Analysis & Trends
Plug Power (PLUG) has reported Total Current Liabilities for 17 consecutive years, with $540.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Current Liabilities fell 31.42% year-over-year to $540.7 million; the TTM figure through Mar 2026 stood at $540.7 million (down 31.42% YoY), while the FY2025 annual figure was $610.6 million, down 18.42% from the prior year.
- Total Current Liabilities declined to $540.7 million in Q1 2026 per PLUG's latest filing, from $610.6 million in the prior quarter.
- Across five years, Total Current Liabilities topped out at $964.8 million in Q4 2023 and bottomed at $358.3 million in Q1 2022.
- Historically, Total Current Liabilities has averaged $726.8 million across 5 years, with a median of $786.9 million in 2024.
- Annual changes were most pronounced in 2022 — Total Current Liabilities soared 122.04% — and 2026, when it sank 31.42%.
- Plug Power's Total Current Liabilities stood at $635.3 million in 2022, then jumped by 51.87% to $964.8 million in 2023, then declined by 22.42% to $748.5 million in 2024, then slipped by 18.42% to $610.6 million in 2025, then retreated by 11.45% to $540.7 million in 2026.
- Business Quant data shows PLUG's Total Current Liabilities at $540.7 million in Q1 2026, $610.6 million in Q4 2025, and $902.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.65 Bn | 96.54 Bn | 1.23 Bn | 7.24 Bn |
| 2 | Bloom Energy | 57.00 Bn | 54.33 Bn | 355.57 Mn | 1.12 Bn |
| 3 | Hubbell | 24.88 Bn | 24.49 Bn | 613.00 Mn | 1.87 Bn |
| 4 | nVent Electric | 24.71 Bn | 24.46 Bn | 558.00 Mn | 1.11 Bn |
| 5 | Advanced Energy Industries | 11.05 Bn | 9.63 Bn | 236.10 Mn | 636.10 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 788.30 Mn |
| 7 | Powell Industries | 7.18 Bn | 6.55 Bn | 95.30 Mn | 624.65 Mn |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 761.97 Mn |
| 9 | Plug Power | 3.22 Bn | 2.90 Bn | -1.68 Mn | 493.88 Mn |
| 10 | Hayward Holdings | 3.18 Bn | 2.69 Bn | 155.05 Mn | 280.34 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 493.88 Mn |
| Mar 31, 2026 | 540.71 Mn |
| Dec 31, 2025 | 610.59 Mn |
| Sep 30, 2025 | 902.52 Mn |
| Jun 30, 2025 | 835.77 Mn |
| Mar 31, 2025 | 788.39 Mn |
| Dec 31, 2024 | 748.49 Mn |
| Sep 30, 2024 | 786.95 Mn |
| Jun 30, 2024 | 809.61 Mn |
| Mar 31, 2024 | 911.44 Mn |
| Dec 31, 2023 | 964.80 Mn |
| Sep 30, 2023 | 930.59 Mn |
| Jun 30, 2023 | 827.82 Mn |
| Mar 31, 2023 | 677.54 Mn |
| Dec 31, 2022 | 635.28 Mn |
| Sep 30, 2022 | 599.39 Mn |
| Jun 30, 2022 | 427.77 Mn |
| Mar 31, 2022 | 358.33 Mn |
| Dec 31, 2021 | 420.55 Mn |
| Sep 30, 2021 | 269.94 Mn |