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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| PLUG | +27.41% | -86.69% | -33.18% | -98% |
| S&P | +17.53% | +93.66% | +14.13% | +399% |
Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. Its fuel cell system solution is designed to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some distribution and manufacturing businesses. The company was founded by George C. McNamee and Larry G. Garberding on June 27, 1997, and is headquartered in Latham, NY.
The world's energy needs are rising fast, and demand for hydrogen fuel cells and electrolyzers could skyrocket.
Is it too early to bet on hydrogen fuel cell technology?
| Q2 2025 | YOY Change | |
|---|---|---|
| Revenue | $173.97M | 21.4% |
| Gross Profit | -$53.47M | 59.3% |
| Gross Margin | -30.73% | 60.8% |
| Market Cap | $1.71B | -1.3% |
| Market Cap / Employee | $0.53M | 0.0% |
| Employees | 3.2K | -16.6% |
| Net Income | -$228.73M | 12.8% |
| EBITDA | -$138.78M | 36.2% |
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| Q2 2025 | YOY Change | |
|---|---|---|
| Net Cash | $336.18M | 17.9% |
| Accounts Receivable | $236.46M | -26.7% |
| Inventory | 643.9 | -31.5% |
| Q2 2025 | YOY Change | |
|---|---|---|
| Long Term Debt | $613.72M | -18.3% |
| Short Term Debt | $378.25M | 128.9% |
| Q2 2025 | YOY Change | |
|---|---|---|
| Return On Assets | -48.45% | -19.8% |
| Return On Invested Capital | -34.48% | -12.9% |
| Q2 2025 | YOY Change | |
|---|---|---|
| Free Cash Flow | -$232.23M | 35.7% |
| Operating Free Cash Flow | -$191.81M | 24.7% |
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | YoY Change |
|---|---|---|---|---|---|
| Price to Book | 0.66 | 0.62 | 0.71 | 0.78 | 43.61% |
| Price to Sales | 2.94 | 3.10 | 1.99 | 2.49 | -0.53% |
| Price to Tangible Book Value | 0.70 | 0.66 | 0.75 | 0.82 | 40.92% |
| Enterprise Value to EBITDA | -13.19 | -8.02 | -11.70 | -17.42 | 61.48% |
| Return on Equity | -43.2% | -90.9% | -83.8% | -84.4% | 91.31% |
| Total Debt | $928.63M | $1.08B | $986.73M | $991.97M | 8.29% |
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PLUG earnings call for the period ending December 31, 2024.
PLUG earnings call for the period ending September 30, 2024.
PLUG earnings call for the period ending June 30, 2024.
PLUG earnings call for the period ending March 31, 2024.
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