Plug Power Inc (PLUG) Total Debt (2010 - 2026)
Plug Power's Total Debt was $314,000 in Q2 2026, down 99.9% from $210.25 million a year earlier and down 89.3% from the prior quarter.
Powered by 
Analysis
Plug Power Inc (PLUG) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Plug Power came in at $3.21 million, down 94.6% from FY2024.
- Total Debt shows a five-year compound annual growth rate of -33.9% (FY2020 to FY2025).
- In earlier years, Total Debt was $59.22 million in FY2024, $2.72 million in FY2023 (-47.2%), $5.14 million in FY2022 (-66.3%) and $15.25 million in FY2021 (-39.9%).
- The Q2 2026 figure marks the lowest quarterly Total Debt since Q4 2010.
- Compared with a year earlier, Total Debt has declined for three straight quarters, with growth averaging 10.8% over the last four quarters.
- The best year-over-year quarter for Total Debt over five years was Q2 2024 (growth of 490.6%); the worst was Q2 2026 (a decline of 99.9%).
- Per Business Quant data, PLUG's Total Debt in the three quarters before Q2 2026 was $2.93 million (Q1 2026), $3.21 million (Q4 2025) and $265.71 million (Q3 2025).
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 314,000.00 |
| Mar 31, 2026 | 2.93 Mn |
| Dec 31, 2025 | 3.21 Mn |
| Sep 30, 2025 | 265.71 Mn |
| Jun 30, 2025 | 210.25 Mn |
| Mar 31, 2025 | 59.33 Mn |
| Dec 31, 2024 | 59.22 Mn |
| Sep 30, 2024 | 61.40 Mn |
| Jun 30, 2024 | 3.03 Mn |
| Mar 31, 2024 | 2.79 Mn |
| Dec 31, 2023 | 2.72 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 |
API Access
Plug Power Inc Total Debt API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=total-debt&ticker=PLUG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "ticker": "PLUG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=total-debt&ticker=PLUG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();