Plug Power annual gross profit
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Plug Power Gross Profit Growth & History (PLUG)
Plug Power's gross profit was −$242.0M for fiscal 2025.
View full Plug Power company overviewPlug Power annual gross profit history
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$242.0M | $382.8M | — |
| 2024 | 2024-12-31 | −$624.9M | −$117.1M | — |
| 2023 | 2023-12-31 | −$507.8M | −$313.4M | — |
| 2022 | 2022-12-31 | −$194.4M | −$23.0M | — |
| 2021 | 2021-12-31 | −$171.3M | $298.1M | — |
| 2020 | 2020-12-31 | −$469.4M | −$480.1M | — |
| 2019 | 2019-12-31 | $10.6M | $36.7M | — |
| 2018 | 2018-12-31 | −$26.0M | $2.1M | — |
| 2017 | 2017-12-31 | −$28.1M | −$32.0M | — |
| 2016 | 2016-12-31 | $3.9M | $13.8M | — |
| 2015 | 2015-12-31 | −$9.9M | −$5.0M | — |
| 2014 | 2014-12-31 | −$4.9M | $6.4M | — |
| 2013 | 2013-12-31 | −$11.2M | $301,242 | — |
| 2012 | 2012-12-31 | −$11.5M | −$8.5M | — |
| 2011 | 2011-12-31 | −$3.0M | $594,842 | — |
| 2010 | 2010-12-31 | −$3.6M | −$8.7M | — |
| 2009 | 2009-12-31 | $5.0M | — | — |
Plug Power quarterly gross profit
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$1.7M | $51.8M | — |
| Q1 2026 | 2026-03-31 | −$21.6M | $52.3M | — |
| Q4 2025 | 2025-12-31 | $5.5M | $240.0M | — |
| Q3 2025 | 2025-09-30 | −$120.2M | −$20.1M | — |
| Q2 2025 | 2025-06-30 | −$53.5M | $77.8M | — |
| Q1 2025 | 2025-03-31 | −$73.9M | $85.2M | — |
| Q4 2024 | 2024-12-31 | −$234.5M | −$12.2M | — |
| Q3 2024 | 2024-09-30 | −$100.0M | $37.9M | — |
| Q2 2024 | 2024-06-30 | −$131.3M | −$53.1M | — |
| Q1 2024 | 2024-03-31 | −$159.1M | −$89.7M | — |
| Q4 2023 | 2023-12-31 | −$222.3M | −$141.8M | — |
| Q3 2023 | 2023-09-30 | −$138.0M | −$91.9M | — |
| Q2 2023 | 2023-06-30 | −$78.1M | −$45.7M | — |
| Q1 2023 | 2023-03-31 | −$69.4M | −$34.0M | — |
| Q4 2022 | 2022-12-31 | −$80.5M | $7.3M | — |
| Q3 2022 | 2022-09-30 | −$46.1M | −$15.0M | — |
| Q2 2022 | 2022-06-30 | −$32.5M | $7.8M | — |
| Q1 2022 | 2022-03-31 | −$35.3M | −$23.2M | — |
| Q4 2021 | 2021-12-31 | −$87.8M | $343.4M | — |
| Q3 2021 | 2021-09-30 | −$31.1M | −$2.5M | — |
| Q2 2021 | 2021-06-30 | −$40.3M | −$45.4M | — |
| Q1 2021 | 2021-03-31 | −$12.2M | −$2.5M | — |
| Q4 2020 | 2020-12-31 | −$431.1M | −$438.9M | — |
| Q3 2020 | 2020-09-30 | −$28.6M | −$33.1M | — |
| Q2 2020 | 2020-06-30 | $5.1M | −$1.1M | −17.36% |
| Q1 2020 | 2020-03-31 | −$9.7M | −$2.0M | — |
| Q4 2019 | 2019-12-31 | $7.7M | $3.2M | +71.87% |
| Q3 2019 | 2019-09-30 | $4.5M | $91,000 | +2.06% |
| Q2 2019 | 2019-06-30 | $6.1M | $8.5M | — |
| Q1 2019 | 2019-03-31 | −$7.7M | −$3.8M | — |
| Q4 2018 | 2018-12-31 | $4.5M | $5.2M | — |
| Q3 2018 | 2018-09-30 | $4.4M | $23.8M | — |
| Q2 2018 | 2018-06-30 | −$2.3M | $1.2M | — |
| Q1 2018 | 2018-03-31 | −$4.0M | $495,000 | — |
| Q4 2017 | 2017-12-31 | −$657,000 | −$3.7M | — |
| Q3 2017 | 2017-09-30 | −$19.4M | −$19.8M | — |
| Q2 2017 | 2017-06-30 | −$3.5M | −$3.9M | — |
| Q1 2017 | 2017-03-31 | −$4.5M | −$4.6M | — |
| Q4 2016 | 2016-12-31 | $3.0M | $12.4M | — |
| Q3 2016 | 2016-09-30 | $381,000 | $305,000 | +401.32% |
| Q2 2016 | 2016-06-30 | $384,000 | −$1.2M | −75.42% |
| Q1 2016 | 2016-03-31 | $170,000 | $2.3M | — |
| Q4 2015 | 2015-12-31 | −$9.4M | −$7.8M | — |
| Q3 2015 | 2015-09-30 | $76,000 | $1.2M | — |
| Q2 2015 | 2015-06-30 | $1.6M | $1.4M | +701.03% |
| Q1 2015 | 2015-03-31 | −$2.1M | $195,000 | — |
| Q4 2014 | 2014-12-31 | −$1.7M | $3.4M | — |
| Q3 2014 | 2014-09-30 | −$1.1M | $2.1M | — |
| Q2 2014 | 2014-06-30 | $195,000 | $1.7M | — |
| Q1 2014 | 2014-03-31 | −$2.3M | −$752,915 | — |
| Q4 2013 | 2013-12-31 | −$5.0M | −$1.8M | — |
| Q3 2013 | 2013-09-30 | −$3.2M | $2.9M | — |
| Q2 2013 | 2013-06-30 | −$1.5M | −$492,604 | — |
| Q1 2013 | 2013-03-31 | −$1.6M | −$244,538 | — |
| Q4 2012 | 2012-12-31 | −$3.2M | −$3.6M | — |
| Q3 2012 | 2012-09-30 | −$6.1M | −$4.0M | — |
| Q2 2012 | 2012-06-30 | −$983,430 | −$398,949 | — |
| Q1 2012 | 2012-03-31 | −$1.3M | −$559,848 | — |
| Q4 2011 | 2011-12-31 | $385,260 | — | — |
| Q3 2011 | 2011-09-30 | −$2.1M | −$504,100 | — |
| Q2 2011 | 2011-06-30 | −$584,481 | $854,106 | — |
| Q1 2011 | 2011-03-31 | −$748,699 | — | — |
| Q3 2010 | 2010-09-30 | −$1.6M | — | — |
| Q2 2010 | 2010-06-30 | −$1.4M | — | — |
Plug Power gross profit trends
Over the last five fiscal years, Plug Power's gross profit increased from −$469.4M to −$242.0M, a change of $227.4M. The latest reported quarter, Q2 2026, shows −$1.7M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Plug Power source filings ↗