Plug Power (PLUG) Total Debt (2010 - 2026)
Plug Power (PLUG) reported Total Debt of $72.3 million for Q1 2026, up 7582.47% year-over-year from $941000.0 in Q1 2025, and down 77.01% on a QoQ basis from $314.4 million in Q4 2025.
Plug Power (PLUG) has 17 years of Total Debt data on file, last reported at $72.3 million in Q1 2026.
- Quarterly Total Debt rose 7582.47% year-over-year to $72.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $72.3 million (up 7582.47% YoY) and the FY2025 annual result came in at $314.4 million, up 33137.53% from the prior year.
- Total Debt retreated to $72.3 million in Q1 2026 per PLUG's latest filing, from $314.4 million in the prior quarter.
- Across five years, Total Debt topped out at $314.4 million in Q4 2025 and bottomed at $513000.0 in Q2 2023.
- The 5-year median for Total Debt is $3.2 million (2024), against an average of $52.0 million.
- The widest annual swing landed in 2024, when Total Debt sank 99.66%; it then surged 33137.53% in 2025.
- Tracing PLUG's Total Debt over 5 years: stood at $5.1 million in 2022, then surged by 5333.99% to $279.4 million in 2023, then slumped by 99.66% to $946000.0 in 2024, then surged by 33137.53% to $314.4 million in 2025, then slumped by 77.01% to $72.3 million in 2026.
- Per Business Quant, the three latest PLUG Total Debt figures stand at $72.3 million (Q1 2026), $314.4 million (Q4 2025), and $121.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 2.92 Bn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | - |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 1.56 Bn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 2.57 Bn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 568.20 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | - |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 697.10 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 1.11 Bn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 72.29 Mn |
| 10 | Hayward Holdings | 3.01 Bn | 2.78 Bn | 118.70 Mn | 953.81 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.29 Mn |
| Dec 31, 2025 | 314.43 Mn |
| Sep 30, 2025 | 121.72 Mn |
| Jun 30, 2025 | 64.94 Mn |
| Mar 31, 2025 | 941,000.00 |
| Dec 31, 2024 | 946,000.00 |
| Sep 30, 2024 | 3.23 Mn |
| Jun 30, 2024 | 3.03 Mn |
| Mar 31, 2024 | 2.79 Mn |
| Dec 31, 2023 | 279.42 Mn |
| Sep 30, 2023 | 2.65 Mn |
| Jun 30, 2023 | 513,000.00 |
| Mar 31, 2023 | 5.23 Mn |
| Dec 31, 2022 | 5.14 Mn |
| Sep 30, 2022 | 937,000.00 |
| Jun 30, 2022 | 980,000.00 |
| Mar 31, 2022 | 4.16 Mn |
| Dec 31, 2021 | 15.25 Mn |
| Sep 30, 2021 | 23.49 Mn |
| Jun 30, 2021 | 30.40 Mn |
| Mar 31, 2021 | 21.39 Mn |
| Dec 31, 2020 | 25.39 Mn |
| Sep 30, 2020 | 74.83 Mn |
| Jun 30, 2020 | 50.93 Mn |
| Mar 31, 2020 | 27.82 Mn |
| Dec 31, 2019 | 26.46 Mn |
| Sep 30, 2019 | 17.20 Mn |
| Jun 30, 2019 | 15.93 Mn |
| Mar 31, 2019 | 85.24 Mn |
| Dec 31, 2018 | 16.94 Mn |
| Sep 30, 2018 | 20.86 Mn |
| Jun 30, 2018 | 26.73 Mn |
| Mar 31, 2018 | 27.63 Mn |
| Dec 31, 2017 | 32.13 Mn |
| Sep 30, 2017 | 40.01 Mn |
| Jun 30, 2017 | 23.34 Mn |
| Mar 31, 2017 | 23.84 Mn |
| Dec 31, 2016 | 23.79 Mn |
| Sep 30, 2016 | 23.54 Mn |
| Jun 30, 2016 | 23.91 Mn |
| Mar 31, 2016 | 23.96 Mn |
| Dec 31, 2015 | 14.81 Mn |
| Sep 30, 2015 | 9.65 Mn |
| Jun 30, 2015 | 2.39 Mn |
| Mar 31, 2015 | 2.41 Mn |
| Dec 31, 2014 | 2.43 Mn |
| Sep 30, 2014 | 2.44 Mn |
| Jun 30, 2014 | 2.46 Mn |
| Mar 31, 2014 | 2.48 Mn |
| Dec 31, 2013 | 2.49 Mn |
| Dec 31, 2012 | 3.38 Mn |
| Sep 30, 2012 | 1.00 Mn |
| Dec 31, 2011 | 5.41 Mn |
| Dec 31, 2010 | 9,956.00 |