Plug Power Inc financial data

Symbol
PLUG on Nasdaq
Industry
Electrical Industrial Apparatus
Location
125 Vista Boulevard, Slingerlands, NY
State of incorporation
DE
Fiscal year end
December 31
Latest financial report
10-K - Q4 2024 - Mar 3, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 201 % -28.9%
Quick Ratio 107 % -0.74%
Debt-to-equity 67.4 % +26%
Return On Equity -78.8 % -103%
Return On Assets -46.9 % -84.9%
Operating Margin -321 % -113%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 925M shares +35.2%
Entity Public Float 1.29B USD -71.7%
Common Stock, Value, Issued 9.34M USD +49.4%
Weighted Average Number of Shares Outstanding, Basic 785M shares +31.8%
Weighted Average Number of Shares Outstanding, Diluted 785M shares +31.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 629M USD -29.5%
Cost of Revenue 1.25B USD -10.4%
Research and Development Expense 77.2M USD -32.1%
Operating Income (Loss) -2.02B USD -50.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.11B USD -53.1%
Income Tax Expense (Benefit) -2.69M USD +63.5%
Net Income (Loss) Attributable to Parent -2.1B USD -53.8%
Earnings Per Share, Basic -2.68 USD/shares -16.5%
Earnings Per Share, Diluted -2.68 USD/shares -16.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 206M USD +52.3%
Accounts Receivable, after Allowance for Credit Loss, Current 157M USD -35.5%
Inventory, Net 683M USD -29%
Assets, Current 1.48B USD -17.3%
Property, Plant and Equipment, Net 866M USD -39.7%
Operating Lease, Right-of-Use Asset 218M USD -45.5%
Intangible Assets, Net (Excluding Goodwill) 84.7M USD -55.2%
Goodwill 0 USD
Assets 3.6B USD -26.5%
Accounts Payable, Current 181M USD -29.8%
Accrued Liabilities, Current 103M USD -48.6%
Liabilities, Current 748M USD -22.4%
Operating Lease, Liability, Noncurrent 242M USD -17.1%
Other Liabilities, Noncurrent 136M USD -7.39%
Liabilities 1.8B USD -10.5%
Accumulated Other Comprehensive Income (Loss), Net of Tax -2.5M USD +63.2%
Retained Earnings (Accumulated Deficit) -6.59B USD -46.9%
Stockholders' Equity Attributable to Parent 1.73B USD -40.2%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.81B USD -37.6%
Liabilities and Equity 3.6B USD -26.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -168M USD +39.4%
Net Cash Provided by (Used in) Financing Activities 283M USD +3842%
Net Cash Provided by (Used in) Investing Activities -121M USD -226%
Common Stock, Shares Authorized 1.5B shares 0%
Common Stock, Shares, Issued 934M shares +49.4%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 37.8M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.04B USD -11%
Interest Paid, Excluding Capitalized Interest, Operating Activities 9.11M USD +15.8%
Deferred Tax Assets, Valuation Allowance 1.11B USD +59.6%
Deferred Tax Assets, Gross 1.17B USD +48.7%
Operating Lease, Liability 313M USD -11.9%
Depreciation 16.6M USD +69.6%
Payments to Acquire Property, Plant, and Equipment 92.6M USD -45.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.1B USD -55.6%
Lessee, Operating Lease, Liability, to be Paid 474M USD -13.2%
Property, Plant and Equipment, Gross 908M USD -40.2%
Operating Lease, Liability, Current 71.3M USD +11.9%
Lessee, Operating Lease, Liability, to be Paid, Year Two 88.8M USD -6.06%
Lessee, Operating Lease, Liability, to be Paid, Year One 101M USD +1.54%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 161M USD -15.7%
Lessee, Operating Lease, Liability, to be Paid, Year Three 74.8M USD -12.7%
Deferred Tax Assets, Operating Loss Carryforwards 672M USD +43.2%
Preferred Stock, Shares Authorized 5M shares
Lessee, Operating Lease, Liability, to be Paid, Year Four 52.5M USD -26.5%
Operating Lease, Payments 25M USD +15.3%
Additional Paid in Capital 8.43B USD +12.5%
Amortization of Intangible Assets 18.9M USD -10%
Deferred Tax Assets, Net of Valuation Allowance 61.1M USD -33.7%
Share-based Payment Arrangement, Expense 21.3M USD -49.9%
Interest Expense 46.6M USD +3.14%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%