PLUG
Income statement / Annual
Last year (2024), Plug Power Inc.'s total revenue was $628.81 M,
a decrease of 29.45% from the previous year.
In 2024, Plug Power Inc.'s net income was -$2.10 B.
See Plug Power Inc.,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$628.81 M |
$891.34 M |
$701.44 M |
$502.34 M |
-$100.47 M |
$230.24 M |
$174.63 M |
$132.93 M |
$85.93 M |
$103.29 M |
| Cost of Revenue |
$1.25 B
|
$1.40 B
|
$895.80 M
|
$673.65 M
|
$423.34 M
|
$202.27 M
|
$172.01 M
|
$131.35 M
|
$81.98 M
|
$113.18 M
|
| Gross Profit |
-$624.89 M
|
-$507.79 M
|
-$194.36 M
|
-$171.31 M
|
-$523.81 M
|
$27.97 M
|
$2.62 M
|
$1.58 M
|
$3.95 M
|
-$9.89 M
|
| Gross Profit Ratio |
-0.99
|
-0.57
|
-0.28
|
-0.34
|
5.21
|
0.12
|
0.02
|
0.01
|
0.05
|
-0.1
|
| Research and Development Expenses |
$77.23 M
|
$113.75 M
|
$99.58 M
|
$64.76 M
|
$51.02 M
|
$33.68 M
|
$33.91 M
|
$28.69 M
|
$21.18 M
|
$14.95 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$45.01 M
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$376.11 M
|
$422.47 M
|
$363.93 M
|
$179.85 M
|
$75.90 M
|
$44.33 M
|
$38.20 M
|
$45.01 M
|
$34.29 M
|
$34.16 M
|
| Other Expenses |
$941.62 M
|
$299.52 M
|
-$1.14 M
|
-$606,000.00
|
-$739,000.00
|
$79,000.00
|
$4.29 M
|
-$15.19 M
|
$4.34 M
|
$3.66 M
|
| Operating Expenses |
$1.39 B
|
$835.73 M
|
$463.51 M
|
$244.61 M
|
$126.92 M
|
$78.01 M
|
$72.11 M
|
$103.37 M
|
$55.47 M
|
$49.11 M
|
| Cost And Expenses |
$2.65 B
|
$2.23 B
|
$1.36 B
|
$918.27 M
|
$449.80 M
|
$280.28 M
|
$244.12 M
|
$234.72 M
|
$137.45 M
|
$162.29 M
|
| Interest Income |
$30.72 M
|
$55.83 M
|
$37.26 M
|
$4.04 M
|
$739,000.00
|
$35.53 M
|
$0.00
|
$0.00
|
$0.00
|
$157,000.00
|
| Interest Expense |
$46.62 M
|
$45.20 M
|
$39.04 M
|
$43.23 M
|
$60.48 M
|
$35.50 M
|
$22.14 M
|
$10.10 M
|
$10.70 M
|
$390,000.00
|
| Depreciation & Amortization |
$84.56 M
|
$71.08 M
|
$51.60 M
|
$23.37 M
|
$15.57 M
|
$12.64 M
|
$11.71 M
|
$9.78 M
|
$5.24 M
|
$2.99 M
|
| EBITDA |
-$1.98 B |
-$1.26 B |
-$632.54 M |
-$409.57 M |
-$550.95 M |
-$35.42 M |
-$59.63 M |
-$107.20 M |
-$41.94 M |
-$52.35 M |
| EBITDA Ratio |
-3.14
|
-1.41
|
-0.9
|
-0.82
|
5.48
|
-0.15
|
-0.34
|
-0.81
|
-0.49
|
-0.51
|
| Operating Income Ratio |
-3.21
|
-1.51
|
-0.97
|
-0.87
|
5.48
|
-0.22
|
-0.4
|
-0.77
|
-0.6
|
-0.57
|
| Total Other Income/Expenses Net |
-$87.75 M
|
-$32.67 M
|
-$43.62 M
|
-$38.84 M
|
-$42.80 M
|
-$36.13 M
|
-$17.85 M
|
-$25.29 M
|
-$6.36 M
|
$3.31 M
|
| Income Before Tax |
-$2.11 B
|
-$1.38 B
|
-$723.17 M
|
-$476.16 M
|
-$592.48 M
|
-$85.47 M
|
-$87.33 M
|
-$127.08 M
|
-$57.88 M
|
-$55.69 M
|
| Income Before Tax Ratio |
-3.35
|
-1.54
|
-1.03
|
-0.95
|
5.9
|
-0.37
|
-0.5
|
-0.96
|
-0.67
|
-0.54
|
| Income Tax Expense |
-$2.69 M
|
-$7.36 M
|
$839,000.00
|
-$16.20 M
|
-$30.79 M
|
$35.50 M
|
-$9.22 M
|
-$392,000.00
|
-$392,000.00
|
$390,000.00
|
| Net Income |
-$2.10 B
|
-$1.37 B
|
-$724.01 M
|
-$459.97 M
|
-$561.68 M
|
-$120.97 M
|
-$78.12 M
|
-$127.08 M
|
-$57.49 M
|
-$55.69 M
|
| Net Income Ratio |
-3.35
|
-1.54
|
-1.03
|
-0.92
|
5.59
|
-0.53
|
-0.45
|
-0.96
|
-0.67
|
-0.54
|
| EPS |
-2.45 |
-2.3 |
-1.25 |
-0.82 |
-1.58 |
-0.51 |
-0.36 |
-0.59 |
-0.32 |
-0.32 |
| EPS Diluted |
-2.45 |
-2.3 |
-1.25 |
-0.82 |
-1.58 |
-0.51 |
-0.36 |
-0.59 |
-0.32 |
-0.32 |
| Weighted Average Shares Out |
$858.44 M
|
$595.47 M
|
$579.72 M
|
$558.18 M
|
$354.79 M
|
$237.15 M
|
$218.88 M
|
$216.34 M
|
$180.62 M
|
$176.07 M
|
| Weighted Average Shares Out Diluted |
$858.44 M
|
$595.47 M
|
$579.72 M
|
$558.18 M
|
$354.79 M
|
$237.15 M
|
$218.88 M
|
$216.34 M
|
$180.62 M
|
$176.07 M
|
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