PLUG · Plug Power, Inc.
Plug Power Inc (PLUG)
What's happening
- PLUG is up 0.72% today, trading at $1.41. — Live quote
- It's trading within 3% of its 52-week low ($1.34). (Finnhub fundamentals)
- Volume today (1,397,142) is well below its 3-month average of 53,661,260. (Finnhub fundamentals)
- Reports earnings on 2026-11-09 (before market open), 18 days away. (Finnhub earnings calendar)
- Last quarter's EPS beat estimates: $-0.07 actual vs. $-0.08 estimated (+10.9%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2026-10-01 (28 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $3.64B | $3.07B | $2.72B | $1.70B | $1.26B |
| P/E | -3.56 | -2.98 | -2.73 | -1.89 | -1.30 |
| Price/Sales | 5.26 | 4.74 | 4.13 | 2.72 | 2.21 |
| Price/Book | 6.26 | 4.10 | 1.92 | 1.01 | 0.68 |
| EV/Revenue | 5.02 | 4.40 | 3.88 | 2.49 | 1.69 |
| ROE | -175.76% | -137.49% | -70.36% | -53.37% | -52.01% |
| ROA | -46.63% | -43.53% | -32.11% | -26.75% | -26.58% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Revenue growth is 2.5% on the provider's reported measure. Finnhub fundamentals ↗
- Latest SEC filing is Form 4, filed 2026-10-19; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Net profit margin is -220.6%. Finnhub fundamentals ↗
- Trailing 52-week price return is -58.8%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on PLUG
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $178.3M | $163.5M | $177.1M | $174.0M | $133.7M | $173.7M | $143.3M | $120.3M |
| Gross profit | -$1.7M | -$21.6M | -$120.2M | -$53.5M | -$73.9M | -$100.0M | -$131.3M | -$159.1M |
| Operating income | -$64.1M | -$109.5M | -$348.8M | -$176.9M | -$178.5M | -$216.2M | -$244.7M | -$259.4M |
| Net income | -$188.2M | -$245.3M | -$361.9M | -$227.1M | -$196.7M | -$211.2M | -$262.3M | -$295.8M |
| EPS (diluted) | $-0.14 | $-0.18 | $-0.31 | $-0.20 | $-0.21 | $-0.25 | $-0.36 | $-0.46 |
| EPS (basic) | $-0.14 | $-0.18 | $-0.31 | $-0.20 | $-0.21 | $-0.25 | $-0.36 | $-0.46 |
| Operating margin | -$36 | -$67 | -$197 | -$102 | -$134 | -$124 | -$171 | -$216 |
| Net margin | -$106 | -$150 | -$204 | -$131 | -$147 | -$122 | -$183 | -$246 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $2.19B | $2.37B | $2.59B | $3.10B | $3.35B | $3.63B | $3.60B | $4.72B |
| Total liabilities | $1.61B | $1.59B | $1.59B | $1.61B | $1.59B | $1.70B | $1.80B | $1.70B |
| Stockholders' equity | $581.8M | $749.8M | $978.1M | $1.42B | $1.68B | $1.86B | $1.73B | $3.03B |
| Total current assets | $1.15B | $1.27B | $1.41B | $1.19B | $1.33B | $1.53B | $1.48B | $1.63B |
| Total current liabilities | $493.9M | $540.7M | $610.6M | $902.5M | $835.8M | $788.4M | $748.5M | $786.9M |
| Cash & equivalents | $161.9M | $223.2M | $368.5M | $165.9M | $140.7M | $295.8M | $205.7M | $93.9M |
| Accounts receivable | $125.9M | $106.5M | $134.8M | $124.0M | $138.7M | $145.0M | $157.2M | $167.2M |
| Inventory | $493.4M | $516.2M | $521.0M | $555.1M | $643.9M | $693.5M | $682.6M | $885.8M |
| Property, plant & equipment | $244.0M | $240.5M | $281.0M | $877.3M | $910.1M | $879.9M | $866.3M | $1.53B |
| Goodwill | — | — | — | — | — | — | $0 | — |
| Intangible assets | $27.3M | $28.2M | $29.2M | $77.9M | $81.0M | $82.8M | $84.7M | $175.0M |
| Accounts payable | $144.3M | $144.3M | $168.7M | $162.2M | $152.1M | $191.6M | $181.0M | $207.2M |
| Accrued liabilities | $105.7M | $113.1M | $128.0M | $122.4M | $105.2M | $128.9M | $103.1M | $107.4M |
| Deferred revenue (current) | $60.3M | $68.5M | $66.7M | $88.2M | $107.1M | $137.6M | $144.1M | $132.3M |
| Short-term debt | — | — | — | — | — | — | $200.0K | — |
| Other current liabilities | — | — | — | — | — | $98.4M | $93.9M | $117.5M |
| Long-term debt | — | — | — | — | — | — | — | $3.9M |
| Other non-current liabilities | — | — | — | — | — | $114.3M | $135.8M | $142.9M |
| Common stock & paid-in capital | $14.0M | $14.0M | $13.9M | $12.2M | $11.7M | $10.0M | $9.3M | $9.0M |
| Retained earnings | -$8.66B | -$8.47B | -$8.23B | -$7.38B | -$7.02B | -$6.79B | -$6.59B | -$5.26B |
| Accumulated other comprehensive income (loss) | $2.5M | $3.4M | $6.8M | $3.8M | $3.5M | -$5.2M | -$2.5M | -$1.6M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$94.1M | -$150.0M | -$148.6M | -$89.8M | -$191.8M | -$105.6M | -$131.2M | -$174.9M |
| Investing cash flow | $289.0K | -$8.5M | -$21.3M | -$30.4M | -$40.7M | -$46.6M | -$43.8M | -$89.9M |
| Financing cash flow | -$36.2M | -$31.7M | $316.9M | $87.0M | $32.8M | $193.2M | $204.0M | $252.4M |
| Free cash flow | -$100.4M | -$152.4M | -$153.0M | -$117.5M | -$230.4M | -$146.0M | -$165.2M | -$234.2M |
| Capital expenditures | $6.3M | $2.4M | $4.4M | $27.7M | $38.6M | $40.5M | $34.0M | $59.2M |
| Depreciation & amortization | — | — | — | — | — | — | — | — |
| Share-based compensation | $12.9M | $13.9M | $14.1M | $12.2M | $13.1M | $11.1M | $18.1M | $24.1M |
| Deferred income taxes | — | — | -$164.7M | — | — | — | -$215.0M | — |
| Change in accounts receivable | $19.4M | -$25.9M | $21.2M | -$2.0M | -$1.6M | -$12.3M | $20.4M | -$22.8M |
| Change in inventory | -$10.4M | $6.9M | -$19.4M | -$16.2M | -$34.7M | $18.4M | -$98.4M | -$42.8M |
| Purchases of investments | — | — | — | — | — | — | — | — |
| Sales/maturities of investments | — | — | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — | — |
| Debt issued | — | — | — | — | — | — | — | — |
| Debt repaid | $346.0K | $346.0K | $252.5M | $10.7M | $344.0K | $344.0K | $2.8M | $41.0K |
| Tax withholding on stock comp | $122.0K | $37.0K | $2.9M | $498.0K | $158.0K | $49.0K | $850.0K | $1.1M |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Revenue | $709.9M | $628.8M | $891.3M | $701.4M | $502.3M |
| Gross profit | -$242.0M | -$624.9M | -$507.8M | -$194.4M | -$171.3M |
| Operating income | -$1.47B | -$2.02B | -$1.34B | -$679.5M | -$437.3M |
| Net income | -$1.63B | -$2.10B | -$1.37B | -$724.0M | -$460.0M |
| EPS (diluted) | $-1.42 | $-2.68 | $-2.30 | $-1.25 | $-0.82 |
| EPS (basic) | $-1.42 | $-2.68 | $-2.30 | $-1.25 | $-0.82 |
| Operating margin | -$207 | -$321 | -$151 | -$97 | -$87 |
| Net margin | -$230 | -$335 | -$154 | -$103 | -$92 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $2.59B | $3.60B | $4.90B | $5.76B | $5.95B |
| Total liabilities | $1.59B | $1.80B | $2.00B | $1.70B | $1.34B |
| Stockholders' equity | $978.1M | $1.73B | $2.90B | $4.06B | $4.61B |
| Total current assets | $1.41B | $1.48B | $1.79B | $3.31B | $4.45B |
| Total current liabilities | $610.6M | $748.5M | $964.8M | $635.3M | $420.6M |
| Cash & equivalents | $368.5M | $205.7M | $135.0M | $690.6M | $2.48B |
| Accounts receivable | $134.8M | $157.2M | $243.8M | $129.4M | — |
| Inventory | $521.0M | $682.6M | $961.3M | $645.6M | $269.2M |
| Property, plant & equipment | $281.0M | $866.3M | $1.44B | $719.8M | $255.6M |
| Goodwill | — | $0 | $0 | $248.6M | $220.4M |
| Intangible assets | $29.2M | $84.7M | $188.9M | $207.7M | $158.2M |
| Accounts payable | $168.7M | $181.0M | $257.8M | $191.9M | $92.3M |
| Accrued liabilities | $128.0M | $103.1M | $200.5M | $156.4M | $79.2M |
| Deferred revenue (current) | $66.7M | $144.1M | $204.1M | $131.8M | $116.4M |
| Short-term debt | — | $200.0K | $2.7M | $5.1M | $15.3M |
| Other current liabilities | — | $93.9M | $142.4M | $34.1M | $39.8M |
| Long-term debt | — | — | $3.9M | $9.0M | — |
| Other non-current liabilities | — | $135.8M | $146.7M | $193.1M | $139.8M |
| Common stock & paid-in capital | $13.9M | $9.3M | $6.3M | $6.1M | $5.9M |
| Retained earnings | -$8.23B | -$6.59B | -$4.49B | -$3.12B | -$2.40B |
| Accumulated other comprehensive income (loss) | $6.8M | -$2.5M | -$6.8M | -$26.0M | -$1.5M |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$535.8M | -$728.6M | -$1.11B | -$828.6M | -$358.2M |
| Investing cash flow | -$139.0M | -$402.4M | $728.1M | -$679.4M | -$1.74B |
| Financing cash flow | $630.0M | $983.2M | $6.1M | -$77.5M | $3.60B |
| Free cash flow | -$647.0M | -$1.02B | -$1.77B | -$1.27B | -$530.3M |
| Capital expenditures | $111.2M | $287.1M | $665.2M | $436.6M | $172.2M |
| Depreciation & amortization | — | — | — | — | — |
| Share-based compensation | $50.5M | $82.2M | $162.9M | $179.6M | $76.5M |
| Deferred income taxes | -$164.7M | -$215.0M | -$103.4M | -$35.7M | -$50.9M |
| Change in accounts receivable | $5.4M | -$57.7M | $122.8M | $30.9M | $27.6M |
| Change in inventory | -$51.9M | -$129.3M | $408.6M | $365.7M | $100.9M |
| Purchases of investments | — | — | — | $838.6M | $3.16B |
| Sales/maturities of investments | — | — | $345.3M | $475.7M | $778.0M |
| Share repurchases | — | — | — | — | — |
| Debt issued | — | — | — | — | — |
| Debt repaid | $263.9M | $3.5M | $6.0M | $121.4M | — |
| Tax withholding on stock comp | $3.6M | $2.5M | $10.0M | $23.7M | $32.1M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding PLUG as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2026-06-11 to 2026-10-15
Recent transactions
- Insiders have net sold 241,935 shares over the last 182 days, across 0 purchases and 4 sales.
- Most recent: Haycraft Benjamin (CSO & GM EMEA) — Open market sale of 9,375 shares on 2026-10-15.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Haycraft Benjamin | CSO & GM EMEA | Open market sale | 2026-10-15 | 9,375 |
| Angle Colin M | Director | Grant / award | 2026-10-01 | 6,121 |
| Kenausis Gregory | Director | Grant / award | 2026-10-01 | 5,928 |
| Joggerst Patrick | Director | Grant / award | 2026-10-01 | 11,598 |
| BONNEY MARK J | Director | Grant / award | 2026-10-01 | 12,242 |
| MIDDLETON PAUL B | CFO & Executive VP | Grant / award | 2026-06-25 | 389,105 |
| WILLIS GARY K | Director | Grant / award | 2026-06-11 | 39,753 |
| MCNAMEE GEORGE C | Director | Grant / award | 2026-06-11 | 39,753 |
| HELMER MAUREEN O | Director | Grant / award | 2026-06-11 | 39,753 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-10-15 | Haycraft Benjamin | CSO & GM EMEA | Open market sale | 9,375 | $1.41 |
| 2026-10-01 | Angle Colin M | Director | Grant / award | 6,121 | $1.94 |
| 2026-10-01 | Kenausis Gregory | Director | Grant / award | 5,928 | $1.94 |
| 2026-10-01 | Joggerst Patrick | Director | Grant / award | 11,598 | $1.94 |
| 2026-10-01 | BONNEY MARK J | Director | Grant / award | 12,242 | $1.94 |
| 2026-09-18 | Haycraft Benjamin | CSO & GM EMEA | Open market sale | 200,000 | $2.14 |
| 2026-09-15 | Haycraft Benjamin | CSO & GM EMEA | Open market sale | 18,750 | $2.06 |
| 2026-09-11 | Haycraft Benjamin | CSO & GM EMEA | Open market sale | 13,810 | $2.14 |
| 2026-07-01 | Kenausis Gregory | Director | Grant / award | 3,980 | $2.71 |
| 2026-07-01 | Joggerst Patrick | Director | Grant / award | 7,644 | $2.71 |
| 2026-07-01 | BONNEY MARK J | Director | Grant / award | 8,764 | $2.71 |
| 2026-07-01 | Angle Colin M | Director | Grant / award | 3,558 | $2.71 |
| 2026-06-25 | MIDDLETON PAUL B | CFO & Executive VP | Grant / award | 389,105 | $0.00 |
| 2026-06-11 | WILLIS GARY K | Director | Grant / award | 39,753 | $0.00 |
| 2026-06-11 | MCNAMEE GEORGE C | Director | Grant / award | 39,753 | $0.00 |
| 2026-06-11 | Kenausis Gregory | Director | Grant / award | 39,753 | $0.00 |
| 2026-06-11 | Joggerst Patrick | Director | Grant / award | 39,753 | $0.00 |
| 2026-06-11 | HELMER MAUREEN O | Director | Grant / award | 39,753 | $0.00 |
| 2026-06-11 | BONNEY MARK J | Director | Grant / award | 39,753 | $0.00 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-21 22:39 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-19 | 4 | 2026-10-15 | View on SEC.gov → |
| 2026-10-15 | 8-K | 2026-10-15 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-10-01 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-10-01 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-10-01 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-10-01 | View on SEC.gov → |
| 2026-10-02 | 4 | 2026-09-30 | View on SEC.gov → |
| 2026-09-23 | 8-K | 2026-09-17 | View on SEC.gov → |
| 2026-09-22 | 4 | 2026-09-18 | View on SEC.gov → |
| 2026-09-15 | 4 | 2026-09-11 | View on SEC.gov → |
| 2026-08-10 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-08-10 | 8-K | 2026-08-10 | View on SEC.gov → |
Recent news
Headlines about PLUG (Plug Power, Inc.). Links open the publisher — we don’t host full articles.
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Bloom Energy Jumps 7% Ahead of Q3 Report as Musk Calls Power AI’s Real Bottleneck; FuelCell Ticks Up, Plug Power Barely Moves
Yahoo · 2026-10-21 -
Plug Power Inc. (PLUN.DE) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-21 -
1 Industrials Stock to Consider Right Now and 2 We Ignore
Yahoo · 2026-10-21 -
Plug Power Inc. (PLUG) Stock Price, News, Quote & History
Yahoo! Finance Canada · 2026-10-21 -
NextDC bloodbath as locals pull plug on expansion
The West Australian · 2026-10-21 -
Plug Power Inc. (PLUG) stock price, news, quote and history
Yahoo Finance UK · 2026-10-20 -
Plug Power Inc. stock outperforms competitors on strong trading day
MarketWatch · 2026-10-20 -
Susquehanna cuts target for Plug Power stock to USD 1.75
AD HOC NEWS · 2026-10-20
No headlines in this category right now — try “All”.