KPIs & Operating Metrics(New)
Balance Sheet
Accounts PayablesAccumulated ExpensesAssetsCapital LeasesCash & Current InvestmentsCash & EquivalentsCommon EquityConvertible DebtCurrent AssetsCurrent Deferred RevenueCurrent LeasesCurrent TaxesFinished GoodsGoodwill & IntangiblesIntangiblesInventoryLiabilities and Shareholders EquityLong-Term InvestmentsMinority InterestNon-Current AssetsNon-Current DebtNon-Current Deferred Tax LiabilityNon-Current Deffered RevenueNotes PayablesOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPrepaid AssetsProperty, Plant & Equipment (Net)Raw MaterialsReceivablesRetained EarningsShareholder's EquityShort term DebtShort-term InvestmentsTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury SharesWork In Process
Cash Flow Statement
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Growth Metrics
Income Statement
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Ratios

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.

  • On a quarterly basis, Work In Process fell 35.1% to $84.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $84.2 million, a 35.1% decrease, with the full-year FY2025 number at $84.2 million, down 35.1% from a year prior.
  • Work In Process was $84.2 million for Q4 2025 at Plug Power, down from $90.0 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $234.0 million in Q3 2023 to a low of $46.1 million in Q1 2021.
  • A 5-year average of $113.9 million and a median of $110.3 million in 2022 define the central range for Work In Process.
  • Peak YoY movement for Work In Process: soared 138.3% in 2023, then tumbled 38.53% in 2025.
  • Plug Power's Work In Process stood at $58.3 million in 2021, then soared by 92.37% to $112.2 million in 2022, then soared by 33.27% to $149.6 million in 2023, then fell by 13.2% to $129.8 million in 2024, then plummeted by 35.1% to $84.2 million in 2025.
  • Per Business Quant, the three most recent readings for PLUG's Work In Process are $84.2 million (Q4 2025), $90.0 million (Q3 2025), and $108.4 million (Q2 2025).