For the quarter ending 2026-03-31, PLUG made $163,513K in revenue. -$245,304K in net income. Net profit margin of -150.02%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net revenue | 163,513 | 225,220 | 177,055 | 173,970 |
| Cost of revenue-Sales Of Equipment And Related Infrastructure | 85,327 | 114,404 | 171,501 | 117,280 |
| Cost of revenue-Services Performed On Fuel Cell Systems And Related Infrastructure | 14,421 | 25,812 | 20,083 | 9,996 |
| Cost of revenue-Provision For Loss Contracts Related To Service | -7,814 | -18,320 | -4,343 | -10,832 |
| Cost of revenue-Power Purchase Agreements | 40,148 | 37,956 | 45,573 | 45,272 |
| Cost of revenue-Fuel Delivered To Customers And Related Equipment | 52,892 | 58,679 | 64,392 | 65,636 |
| Cost of revenue-Other Product And Services | 146 | 1,238 | 14 | 83 |
| Total cost of revenue | 185,120 | 219,769 | 297,220 | 227,435 |
| Gross gain | -21,607 | 5,451 | -120,165 | -53,465 |
| Research and development | 12,113 | 12,292 | 16,118 | 12,193 |
| Selling, general and administrative | 70,208 | 100,246 | 110,592 | 87,893 |
| Restructuring | 1,425 | 220 | 5,519 | 2,964 |
| Impairment | 3,856 | 666,257 | 97,524 | 20,599 |
| Change in fair value of contingent consideration | 280 | -10,370 | -1,129 | -168 |
| Total operating expenses | 87,882 | 768,645 | 228,624 | 123,481 |
| Operating loss | -109,489 | -763,194 | -348,789 | -176,946 |
| Interest income | 3,845 | 4,188* | 4,316 | 5,845 |
| Interest expense | 17,351 | 21,242 | 16,461 | 15,938 |
| Other income, net | 1,086 | -1,000 | 3,502 | 3,817 |
| Gain/(loss) on extinguishment of convertible debt instruments and finance obligations | 1,805 | -17,810* | - | -5,475 |
| Change in fair value of convertible debt instruments | -70,782 | -84,592* | - | 9,240 |
| Inducement of common warrant exercise | - | 49,121* | - | - |
| Change in fair value of debt | - | - | -2,719 | -3,408 |
| Change in fair value of warrant liabilities | 54,640 | -32,025* | - | - |
| Loss on equity method investments | -470 | -3,579 | -3,262 | -45,850 |
| Loss before income taxes | -245,996 | -904,325 | -363,413 | -228,715 |
| Income tax expense | 41 | 252 | 92 | 12 |
| Net loss | -246,037 | -904,577 | -363,505 | -228,727 |
| Net loss attributable to non-controlling interest | -733 | -58,607 | -1,636 | -1,628 |
| Net loss attributable to plug power inc | -245,304 | -845,970 | -361,869 | -227,099 |
| Basic EPS | -0.18 | -0.624 | -0.31 | -0.2 |
| Diluted EPS | -0.18 | -0.624 | -0.31 | -0.2 |
| Basic Average Shares | 1,389,672,378 | 1,355,853,257 | 1,158,516,229 | 1,126,627,283 |
| Diluted Average Shares | 1,389,672,378 | 1,355,853,257 | 1,158,516,229 | 1,126,627,283 |
PLUG POWER INC (PLUG)
PLUG POWER INC (PLUG)