---
title: "Plug Power (PLUG.US) — Financial Reports"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/PLUG.US/norm.md"
symbol: "PLUG.US"
name: "Plug Power"
parent: "https://longbridge.com/en/quote/PLUG.US.md"
datetime: "2026-05-20T12:02:31.535Z"
locales:
  - [en](https://longbridge.com/en/quote/PLUG.US/norm.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/PLUG.US/norm.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/PLUG.US/norm.md)
---

# Plug Power (PLUG.US) — Financial Reports

## Income Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| EPS | -0.1765 | -0.6250 | -0.3124 | -0.2016 | -0.2079 |
| ROE | -113.57% | -282.61% | -93.45% | -51.35% | -43.81% |
| Revenue | 163.51M | 225.22M | 177.06M | 173.97M | 133.67M |
| Net income | -245.30M | -845.97M | -361.87M | -227.10M | -196.66M |
| Operating income | -103.93M | -147.28M | -246.88M | -153.55M | -172.06M |
| Gross margin | -17.99% | -5.71% | -70.32% | -36.96% | -48.61% |
| Net margin | -150.02% | -375.62% | -204.38% | -130.54% | -147.12% |
| Profit quality | - | - | - | - | - |

## Balance Sheet (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| A&L | 2.37B | 2.59B | 3.10B | 3.35B | 3.63B |
| Leverage | 3.06 | 2.59 | 2.07 | 1.90 | 1.88 |
| BVPS | 0.5376 | 0.7020 | 1.18 | 1.47 | 1.90 |
| Turnover | 0.2465 | 0.2291 | 0.1727 | 0.1654 | 0.1515 |
| Cash & STI | 233.39M | 378.74M | 165.90M | 140.74M | 295.84M |
| Inv & Rec | 516.15M | 520.97M | 555.09M | 643.93M | 693.47M |
| LT assets | 449.76M | 508.06M | 1.12B | 1.18B | 1.15B |
| Net debt | 776.78M | 618.43M | 825.53M | 851.24M | 690.88M |

## Cash Flow Statement (USD)

| Indicator | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
| --- | --- | --- | --- | --- | --- |
| Operating CF | -150.04M | -148.64M | -89.81M | -191.81M | -105.57M |
| Investing CF | -8.48M | -21.30M | -30.39M | -40.74M | -46.57M |
| Financing CF | -31.74M | 316.87M | 87.02M | 32.83M | 193.23M |
| Free CF | -113.54M | -111.24M | 15.58M | -161.70M | -60.26M |
| OCF coverage | -396.11% | -35.07% | -139.28% | -93.74% | -91.98% |
| Repaid & issued | - | 393.92M | 49.88M | 199.50M | - |
| CapEx | -8.11M | -9.06M | -30.10M | -40.42M | -46.06M |