PLUG Revenue 2026
Annual and quarterly sales data for Plug Power Inc
Latest Annual Revenue
$629M
2024-12-31
YoY Growth
-29.5%
vs. previous year
Annual Revenue History
2024-12-31
$629M
YoY Growth
-29.5%
2023-12-31
$891M
YoY Growth
+27.1%
2022-12-31
$701M
YoY Growth
+39.6%
2021-12-31
$502M
YoY Growth
-638.8%
2020-12-31
$-93M
Quarterly Revenue Breakdown
2025-09-30
$177M
2025-06-30
$174M
2025-03-31
$134M
2024-09-30
$174M
2024-06-30
$143M
2024-03-31
$120M
2023-09-30
$199M
2023-06-30
$260M
Revenue by Segment
Get Full PLUG Financial Analysis
View complete income statements, balance sheets, and AI-powered insights
Frequently Asked Questions
What is PLUG's revenue?
PLUG (Plug Power Inc) reported $629 million in revenue for 2024-12-31. This represents a 29.5% decrease compared to the previous year.
How much revenue does PLUG make per year?
Plug Power Inc generates approximately $629 million in annual revenue based on the most recent fiscal year ending 2024-12-31.
Is PLUG revenue growing?
PLUG's revenue declined 29.5% year-over-year. This could be due to Industrials sector challenges, market conditions, or business restructuring.
What is PLUG's quarterly revenue?
PLUG reported $177 million in revenue for the most recent quarter (2025-09-30). This is 1.8% higher than the previous quarter.
What are PLUG's revenue sources?
PLUG's revenue comes from multiple segments: Total Revenue. See the revenue breakdown below for detailed segment analysis.
How does PLUG compare to competitors in revenue?
PLUG generates $629 million in annual revenue in the Industrials sector. Compare PLUG to competitors using our stock comparison tool to see relative market share and growth rates.
What is PLUG's revenue per share?
Revenue per share for PLUG can be calculated by dividing annual revenue by shares outstanding. Visit our stock analysis page for detailed metrics.
Why is PLUG's revenue important for investors?
Revenue (also called sales or top-line) is the total income Plug Power Inc generates from its operations. Revenue growth indicates business expansion and market share gains. For PLUG, tracking revenue trends helps investors understand the company's growth trajectory, pricing power, and market position in the Industrials sector.
What affects PLUG's revenue growth?
Key factors affecting PLUG's revenue include: market demand, pricing strategy, competitive dynamics, product/service mix, geographic expansion, and macroeconomic conditions.
How to analyze PLUG's revenue quality?
To assess PLUG's revenue quality, consider: (1) Revenue consistency - is growth sustainable? (2) Revenue sources - diversified or concentrated? (3) Recurring vs one-time revenue - subscription models are more predictable. (4) Customer concentration - dependency on few customers. (5) Currency exposure for international operations.
Disclaimer: Revenue data is based on publicly filed financial statements. Historical performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.