Growth Metrics

Plug Power (PLUG) Work In Process (2016 - 2025)

Plug Power (PLUG) has disclosed Work In Process for 13 consecutive years, with $84.2 million as the latest value for Q4 2025.

  • Quarterly Work In Process fell 35.1% to $84.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $84.2 million through Dec 2025, down 35.1% year-over-year, with the annual reading at $84.2 million for FY2025, 35.1% down from the prior year.
  • Work In Process for Q4 2025 was $84.2 million at Plug Power, down from $90.0 million in the prior quarter.
  • The five-year high for Work In Process was $234.0 million in Q3 2023, with the low at $46.1 million in Q1 2021.
  • Average Work In Process over 5 years is $113.9 million, with a median of $110.3 million recorded in 2022.
  • The sharpest move saw Work In Process skyrocketed 138.3% in 2023, then crashed 38.53% in 2025.
  • Over 5 years, Work In Process stood at $58.3 million in 2021, then skyrocketed by 92.37% to $112.2 million in 2022, then skyrocketed by 33.27% to $149.6 million in 2023, then dropped by 13.2% to $129.8 million in 2024, then tumbled by 35.1% to $84.2 million in 2025.
  • According to Business Quant data, Work In Process over the past three periods came in at $84.2 million, $90.0 million, and $108.4 million for Q4 2025, Q3 2025, and Q2 2025 respectively.