← PLUG POWER INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | $46.0m | $24.8m | $38.6m | $139.5m | $74.3m | $2.5b | $690.6m | $135.0m | $205.7m | $368.5m | |
| Prepaid Expense and Other Assets, Current | $11.8m | $16.8m | $14.4m | $21.2m | $28.5m | $59.9m | $150.4m | $104.1m | $139.8m | $94.0m | |
| Restricted Cash and Investments, Current | $11.2m | $13.9m | $17.4m | $54.8m | $56.8m | $118.6m | $159.0m | $216.6m | $198.0m | $186.7m | |
| Inventory, Net | $29.9m | $48.8m | $47.9m | $72.4m | $93.0m | $269.2m | $645.6m | $961.3m | $682.6m | $521.0m | |
| Assets, Current | $110.9m | $119.6m | $155.6m | $313.3m | $277.4m | $4.4b | $3.3b | $1.8b | $1.5b | $1.4b | |
| Property, Plant and Equipment, Net | $8.2m | $10.4m | $12.9m | $15.0m | $16.6m | $255.6m | $719.8m | $1.4b | $866.3m | $281.0m | |
| Goodwill | $8.3m | $9.4m | $9.0m | $8.8m | $8.7m | $220.4m | $248.6m | $0 | $0 | — | |
| Intangible Assets, Net (Excluding Goodwill) | $3.9m | $3.8m | $3.9m | $5.5m | $5.7m | $158.2m | $207.7m | $188.9m | $84.7m | $29.2m | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $64.8m | $212.5m | $360.3m | $400.0m | $218.1m | $182.2m | |
| Additional Financial Items | |||||||||||
| Accounts Receivable, after Allowance for Credit Loss, Current | $11.9m | $15.3m | $37.3m | $25.4m | $24.7m | $92.7m | $129.4m | $243.8m | $157.2m | $134.8m | |
| Accrued Liabilities, Current | $8.5m | $10.6m | $7.9m | $14.2m | $14.9m | $79.2m | $156.4m | $200.5m | $103.1m | $128.0m | |
| Assets | $240.8m | $270.8m | $390.3m | $771.2m | $631.4m | $6.0b | $5.8b | $4.9b | $3.6b | $2.6b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | — | $9.0m | $30.8m | $48.9m | $63.7m | $71.2m | $70.4m | |
| Accounts Payable, Current | $32.1m | $42.4m | $34.8m | $40.4m | $35.5m | $92.3m | $191.9m | $257.8m | $181.0m | $168.7m | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | $52.2m | $175.6m | $271.5m | $292.0m | $242.1m | $194.7m | |
| Deferred Revenue, Current | $5.7m | $8.6m | — | — | $32.9m | $116.4m | $131.8m | $204.1m | $144.1m | $66.7m | |
| Deferred Revenue, Noncurrent | $17.4m | $25.8m | — | — | $32.9m | $66.7m | $98.1m | $84.2m | $58.5m | $34.2m | |
| Long-term Debt, Current Maturities | $3.0m | $18.8m | $16.8m | $26.5m | $27.8m | $15.3m | $5.1m | $2.7m | $200k | $626k | |
| Long-term Debt, Excluding Current Maturities | $20.8m | $13.4m | $133k | $85.7m | $150.0m | $112.8m | $3.9m | $1.2m | $1.9m | $1.3m | |
| Liabilities, Current | $66.5m | $115.7m | $146.4m | $150.8m | $133.6m | $420.6m | $635.3m | $964.8m | $748.5m | $610.6m | |
| Other Liabilities, Noncurrent | $241k | $94k | $18k | $13k | $2.4m | $139.8m | $193.1m | $146.7m | $135.8m | — | |
| Deferred Tax Liabilities, Net | — | $2.3m | $12.7m | $52.0m | — | $70.9m | $11.5m | $3.2m | — | — | |
| Liabilities | $146.1m | $196.5m | $356.0m | $635.4m | $526.3m | $1.3b | $1.7b | $2.0b | $1.8b | $1.6b | |
| Stockholders’ equity: | |||||||||||
| Common Stock, Value, Issued | $1.9m | $2.3m | $2.3m | $3.2m | $3.2m | $5.9m | $6.1m | $6.3m | $9.3m | $13.9m | |
| Additional Paid in Capital | $1.1b | $1.3b | $1.3b | $1.5b | $1.5b | $7.1b | $7.3b | $7.5b | $8.4b | $9.2b | |
| Retained Earnings (Accumulated Deficit) | ($1.1b) | ($1.2b) | ($1.3b) | ($1.3b) | ($1.4b) | ($2.4b) | ($3.1b) | ($4.5b) | ($6.6b) | ($8.2b) | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | $247k | $2.2m | $1.6m | $1.4m | $1.1m | ($1.5m) | ($26.0m) | ($6.8m) | ($2.5m) | $6.8m | |
| Stockholders' Equity Attributable to Parent | $85.1m | $73.6m | $2.7m | $134.7m | $104.4m | $4.6b | $4.1b | $2.9b | $1.7b | $978.1m | |
| Stockholders' Equity Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $73.6m | $25.2m | |
| Liabilities and Equity | $240.8m | $270.8m | $390.3m | $771.2m | $631.4m | $6.0b | $5.8b | $4.9b | $3.6b | $2.6b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.