For the quarter ending 2025-09-30, PLUG made $177,055K in revenue. -$361,869K in net income. Net profit margin of -204.38%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net revenue | 177,055 | 173,970 | 133,674 | 191,470 |
| Cost of revenue-Sales Of Equipment And Related Infrastructure | 171,501 | 117,280 | 74,556 | 281,139 |
| Cost of revenue-Services Performed On Fuel Cell Systems And Related Infrastructure | 20,083 | 9,996 | 14,462 | 21,993 |
| Provision for loss contracts related to service | - | - | - | 10,274 |
| Cost of revenue-Provision For Loss Contracts Related To Service | -4,343 | -10,832 | 8,888 | - |
| Cost of revenue-Power Purchase Agreements | 45,573 | 45,272 | 49,932 | 55,625 |
| Cost of revenue-Fuel Delivered To Customers And Related Equipment | 64,392 | 65,636 | 59,354 | 56,399 |
| Cost of revenue-Other Product And Services | 14 | 83 | 343 | 572 |
| Total cost of revenue | 297,220 | 227,435 | 207,535 | 426,002 |
| Gross loss | -120,165 | -53,465 | -73,861 | -234,532 |
| Research and development | 16,118 | 12,193 | 17,357 | 13,294 |
| Selling, general and administrative | 110,592 | 87,893 | 80,839 | 121,421 |
| Restructuring | 5,519 | 2,964 | 17,154 | -1 |
| Impairment | - | - | 1,064 | 940,909 |
| Impairment | 97,524 | 20,599 | - | - |
| Change in fair value of contingent consideration | -1,129 | -168 | -11,819 | -10,561 |
| Total operating expenses | 228,624 | 123,481 | 104,595 | 1,065,062 |
| Operating loss | -348,789 | -176,946 | -178,456 | -1,299,594 |
| Interest income | 4,316 | 5,845 | 5,153 | 6,222 |
| Interest expense | 16,461 | 15,938 | 11,486 | 16,638 |
| Other income/(expense), net | 3,502 | 3,817 | 1,290 | -19,397 |
| Loss on extinguishment of convertible debt instruments and debt | - | -5,475 | -3,652 | -744 |
| Change in fair value of convertible debenture | - | 9,240 | -7,338 | -856 |
| Change in fair value of debt | -2,719 | -3,408 | - | - |
| Loss on equity method investments | -3,262 | -45,850 | -2,370 | -3,134 |
| Loss before income taxes | -363,413 | -228,715 | -196,859 | -1,338,196 |
| Current Income Tax Expense Benefit | - | - | - | 117 |
| Current income tax expense (benefit) | - | - | - | 117 |
| Domestic Country | - | - | - | -51,662 |
| Foreign Country | - | - | - | -2,095 |
| Deferred income tax expense (benefit) | - | - | - | -53,757 |
| Domestic Country | - | - | - | -48,596 |
| Foreign Country | - | - | - | -2,113 |
| Change in net operating loss carryforward (generated) expired during the period | - | - | - | -50,709 |
| Domestic Country | - | - | - | 100,259 |
| Foreign Country | - | - | - | 3,420 |
| Valuation allowance, deferred tax asset, increase (decrease), amount | - | - | - | 101,782 |
| Income tax (expense)/benefit | 92 | 12 | - | -2,568 |
| Net loss | -363,505 | -228,727 | -196,859 | -526,226 |
| Net loss attributable to non-controlling interest | -1,636 | -1,628 | -203 | -51 |
| Net loss attributable to plug power inc | -361,869 | -227,099 | -196,656 | -1,335,424 |
| Earnings per share, basic | -0.31 | -0.2 | -0.21 | -1.61 |
| Earnings per share, diluted | -0.31 | -0.2 | -0.21 | -1.61 |
| Weighted average number of shares outstanding, basic | 1,158,516,229 | 1,126,627,283 | 945,767,987 | -1,451,523,396 |
| Weighted average number of shares outstanding, diluted | 1,158,516,229 | 1,126,627,283 | 945,767,987 | -1,451,523,396 |
PLUG POWER INC (PLUG)
PLUG POWER INC (PLUG)