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Companies/Plug Power Inc.
Company profile

Plug Power Inc.

NASDAQ: PLUG · Technology · Hardware, Equipment & Parts
PublicHQ Latham, NY · AlbanyCIK 0001093691Reports USD
#263 of 1,109 Technology companies by revenue61st-percentile growth
EA Score
51D
FH 32DQ 74GM 51SS 79
v0.1 · 65/100 weight · provisional
↑ disclosure history, workforce scale · ↓ return on equity, operating margin
Methodology →
Revenue TTM
$739.8M
Rev growth YoY (TTM)
+15.2%
Net income (FY)
-$1.6B
Employees
3,224
Market cap
$3.0B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$709.9M$709.9M2025
Net income-$1.6B-$1.6B2025
Operating income-$1.5B-$1.5B2025
Total assets$2.6B$2.6B2025
Liabilities$1.6B$1.6B2025
Equity$978.1M$978.1M2025

Revenue trend

FY2020 – FY2025 · USD
$68.0M
FY20
$107.0M
FY20
$309.1M
FY20
$502.3M
FY21
$701.4M
FY22
$891.3M
FY23
$628.8M
FY24
$709.9M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Sale Of Electrolyzers26%
Fuel Delivered To Customers19%
Power Purchase Agreements15%
Sale of cryogenic equipment13%
Services Performed On Fuel Cell Systems And Related Infrastructure13%
Sales Of Fuel Cell Systems8%
By geography
UNITED STATES75%
Non-US25%
The read

Plug Power Inc. booked $709.9M in FY2025 revenue, growing 13% year over year — faster than most Technology companies we track, at a -229.8% net margin.

Peers · Technology
Kinaxis Inc.78B+Benchmark Electronics, Inc.74BEuronet Worldwide, Inc.76B+Agilysys, Inc.86A
Neighbors
Albany →
Latham Group, Inc.$545.9M50DAngioDynamics, Inc.$292.5M72BPioneer Bancorp, Inc.$15.8M50DInflection Point Acquisition Corp. V——Soluna Holdings, Inc.$29.7M34DStarry Sea Acquisition Corp.——
Key facts
CEOJose Luis Crespo
SectorTechnology
IndustryHardware, Equipment & Parts
HeadquartersLatham, NY
ExchangeNASDAQ: PLUG
Employees3,224
IPO date1999-10-29
Latest filings
8-K2026-06-158-K2026-06-118-K2026-06-0410-Q2026-05-118-K2026-05-11DEF 14A2026-04-308-K2026-03-1010-K2026-03-02
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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