Superworth

Plug Power profit margin PLUG

Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.

Net margin, 12 months
n/m
not a meaningful number
Peer median
4.2%

Plug Power's net margin works out at −221% over the last twelve months, but it is not a meaningful number: a margin outside minus 100% to 100% is moved by items that are not sales.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025n/an/a−34.1%
FY2024n/an/a−99.4%
FY2023n/an/a−57.0%
FY2022n/a−96.9%−27.7%
FY2021−91.6%−87.1%−34.1%
FY2020n/an/an/a
FY2019−36.4%−20.7%4.6%
FY2018−44.7%−39.8%1.5%
FY2017n/an/a−28.0%
FY2016−66.9%−60.0%4.6%
FY2015−53.9%−57.1%−9.6%
FY2014n/a−59.1%−7.6%
FY2013n/an/an/a
FY2012n/an/a−44.2%
FY2011−99.4%n/a−11.0%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a year
Q2 FY26n/an/a
Q1 FY26n/an/a
Q4 FY25n/an/a
Q3 FY25n/an/a
Q2 FY25n/an/a
Q1 FY25n/an/a
Q4 FY24n/an/a
Q3 FY24n/an/a
Q2 FY24n/an/a
Q1 FY24n/an/a
Q4 FY23n/an/a
Q3 FY23n/an/a

Against its peers

Companies in Industrials nearest Plug Power's size, closest first, today.

CompanyProfit margin
PLUGPlug Powern/m
GRCGorman Rupp8.9%
AMNAMN Healthcare Services3.1%
ALGTAllegiant Travel CO0.9%
SPBSpectrum Brands2.8%
EPACEnerpac Tool14.7%
BLBDBlue Bird17.5%
TRNTrinity Industries16.6%
PRLBProto Labs5.4%
CTOSCustom Truck One Source1.1%
EFOREverforth2.1%
Peer median4.2%

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Plug Power

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.