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Plug Power revenue PLUG

Sales by quarter and over the last twelve months, from 2010.

Last 12 months, to Jun 30, 2026
$744.1M
Latest quarter, Q2 FY26
$178.3M
+2% on a year earlier
Fiscal year 2025
$709.9M
+13% on the year before

Plug Power's revenue was $744.1M over the twelve months to Jun 30, 2026, up 11% on a year earlier.

In its latest quarter, Q2 FY26, it was $178.3M, up 2% on the same quarter a year before.

Revenue over time

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearRevenueChange
FY2025$709.9M+13%
FY2024$628.8M−29%
FY2023$891.3M+27%
FY2022$701.4M+40%
FY2021$502.3Mn/a
FY2020−$93.2M−141%
FY2019$230M+32%
FY2018$174.6M+74%
FY2017$100.2M+17%
FY2016$85.9M−17%
FY2015$103.3M+61%
FY2014$64.2M+141%
FY2013$26.6M+2%
FY2012$26.1M−5%
FY2011$27.6Mn/a

Each fiscal year is the twelve months to its fourth quarter.

Quarter by quarter

QuarterEndedRevenueOn a year earlierLast 12 months
Q2 FY26$178.3M+2%$744.1M
Q1 FY26$163.5M+22%$739.8M
Q4 FY25$225.2M+18%$709.9M
Q3 FY25$177.1M+2%$676.2M
Q2 FY25$174M+21%$672.8M
Q1 FY25$133.7M+11%$642.2M
Q4 FY24$191.5M−14%$628.8M
Q3 FY24$173.7M−13%$659.5M
Q2 FY24$143.3M−45%$684.5M
Q1 FY24$120.3M−43%$801.3M
Q4 FY23$222.2M+1%$891.3M
Q3 FY23$198.7M+5%$889.9M

Against its peers

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

CompanyRevenue, 12 monthsGrowth
PLUGPlug Power$744.1M+11% a year
GRCGorman Rupp$702.1M+4% a year
AMNAMN Healthcare Services$3.4B+24% a year
ALGTAllegiant Travel CO$2.9B+12% a year
SPBSpectrum Brands$2.9B+1% a year
EPACEnerpac Tool$634.1M+4% a year
BLBDBlue Bird$1.6B+13% a year
TRNTrinity Industries$2B−19% a year
PRLBProto Labs$560.5M+10% a year
CTOSCustom Truck One Source$2B+7% a year
EFOREverforth$4B−1% a year
Peer median$2B

Where Plug Power ranks

What the revenue tells you

Total sales in the period. On the company page, quarterly bars or the trailing twelve months (TTM), which smooths seasonality.

Growing revenue with shrinking margins is a warning, not a win.

More on Plug Power

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