PLUG POWER INC
Company Stats
- Market Cap
- $2.7B
- as of Sep 30, 2026
- Shares Outstanding
- 1.4B
- Free Float
- 91.0%
Income Statement
- Revenue
- $709.9M
- Operating Income
- -$1.5B
- Net Income
- -$1.6B
- EBITDA
- -$1.4B
- Non-cash Impairment
- $785.4M
- Revenue Growth, 3Y
- 0.4%
- FCF Margin, 3Y Avg
- -150.5%
- FCF Margin, Worst Year
- -198.8%
Cash Flow
- Free Cash Flow
- -$647.0M
- FCF Yield
- -23.9%
- Owner FCF Yield
- -25.7%
Balance Sheet
- Cash & Equivalents
- $368.5M
Returns & Capital
- SBC, 3Y Avg
- $98.6M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $709.9M | -$647.0M | -91.1% |
| FY2024 | $628.8M | -$1.0B | -161.5% |
| FY2023 | $891.3M | -$1.8B | -198.8% |
| FY2022 | $701.4M | -$1.3B | -180.4% |
| FY2021 | $502.3M | -$530.3M | -105.6% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Plug Power to Buy Texas, New York Projects in $218.5 Million Asset Deal