← 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $85.9m |
$103.3m
+20.17%
|
$174.6m
+69.12%
|
$230.2m
+31.84%
|
($93.2m)
-140.50%
|
$502.3m
+638.78%
|
$701.4m
+39.63%
|
$891.3m
+27.07%
|
$628.8m
-29.45%
|
$709.9m
+12.90%
|
$739.8m
+4.20%
|
|
| Other Cost of Operating Revenue | $865k | $308k | — | — | — | — | — | — | — | — | — | |
| Cost of Revenue | $82.0m |
$131.4m
+60.22%
|
$172.0m
+30.95%
|
$202.3m
+17.59%
|
$376.2m
+85.98%
|
$673.7m
+79.08%
|
$895.8m
+32.98%
|
$1.4b
+56.19%
|
$1.3b
-10.39%
|
$952.0m
-24.07%
|
$929.5m
-2.35%
|
|
| Gross Profit | $3.9m |
($28.1m)
-811.83%
|
$2.6m
+109.33%
|
$28.0m
+966.59%
|
($469.4m)
-1778.52%
|
($171.3m)
+63.51%
|
($194.4m)
-13.45%
|
($507.8m)
-161.27%
|
($624.9m)
-23.06%
|
($242.0m)
+61.27%
|
($189.8m)
+21.59%
|
|
| Research and Development Expense | $21.2m | $28.7m | $33.9m | $33.7m | $27.8m | $64.8m | $99.6m | $113.7m | $77.2m | $58.0m | $52.7m | |
| Selling, General and Administrative Expense | $34.3m | $45.0m | $38.2m | $44.3m | $79.3m | $179.9m | $363.9m | $422.5m | $376.1m | $379.6m | $368.9m | |
| Amortization of Intangible Assets | $590k | $593k | $693k | $698k | $1.1m | $2.5m | $21.2m | $19.1m | $23.4m | $7.0m | — | |
| Operating Lease, Expense | — | — | — | $30.6m | $22.3m | $38.6m | $67.6m | $95.0m | $98.1m | $77.8m | — | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | — | — | — | — | — | $8.2m | $25.9m | — | |
| Operating Expenses | $55.5m | $73.7m | $72.1m | $78.0m | $114.8m | $266.0m | $485.2m | $835.7m | $1.4b | $1.2b | $1.4b | |
| Operating Income (Loss) | ($51.5m) |
($101.8m)
-97.58%
|
($69.5m)
+31.74%
|
($50.0m)
+27.98%
|
($584.2m)
-1067.42%
|
($437.3m)
+25.14%
|
($679.5m)
-55.39%
|
($1.3b)
-97.71%
|
($2.0b)
-50.34%
|
($1.5b)
+27.35%
|
($611.4m)
+58.33%
|
|
| Interest Expense | — | — | — | $37.0m | $60.5m | $43.2m | $39.0m | $45.2m | $46.6m | $65.1m | $71.0m | |
| Interest Expense, Debt | — | — | — | — | $800k | — | — | — | — | — | $71.0m | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | $19.4m | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | ($2.3m) | ($131k) | ($20.0m) | $7.6m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | ($5.7m) | ($20.2m) | ($41.8m) | ($32.2m) | ($55.1m) | — | |
| Nonoperating Income (Expense) | ($10.7m) | ($10.1m) | ($22.1m) | ($35.5m) | ($60.5m) | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($57.9m) | ($127.1m) | ($87.3m) | ($85.5m) | ($627.0m) | ($476.2m) | ($723.2m) | ($1.4b) | ($2.1b) | ($1.7b) | ($1.7b) | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | $668k | $1.2m | $469k | $346k | $397k | |
| Income Tax Expense (Benefit) | ($392k) | — | ($9.2m) | — | ($30.8m) | ($16.2m) | $839k | ($7.4m) | ($2.7m) | $356k | $397k | |
| Net Income (Loss) Attributable to Parent | ($57.5m) |
($127.1m)
-121.06%
|
($78.1m)
+38.53%
|
($85.5m)
-9.41%
|
($596.2m)
-597.54%
|
($460.0m)
+22.84%
|
($724.0m)
-57.41%
|
($1.4b)
-89.06%
|
($2.1b)
-53.76%
|
($1.6b)
+22.48%
|
($1.7b)
-2.98%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($57.6m) | — | — | — | ($596.2m) |
($460.0m)
+22.85%
|
($724.0m)
-57.41%
|
($1.4b)
-89.06%
|
($2.1b)
-53.76%
|
($1.6b)
+22.48%
|
($1.7b)
-2.98%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | ($204k) | ($62.1m) | ($1.7b) | |
| Preferred Stock Dividends, Income Statement Impact | $104k | $3.1m | $52k | $52k | $26k | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.32) | ($0.60) | ($0.36) | ($0.36) | ($1.68) | ($0.82) | ($1.25) | ($2.30) | ($2.68) | ($1.42) | ($1.39) | |
| Earnings Per Share, Diluted | ($0.32) | ($0.60) | ($0.36) | ($0.36) | ($1.68) | ($0.82) | ($1.25) | ($2.30) | ($2.68) | ($1.42) | ($1.39) | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | 237.2m | 354.8m | 558.2m | 579.7m | 595.5m | 785.0m | 1.1b | 1.3b | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | 237.2m | 354.8m | 558.2m | 579.7m | 595.5m | 785.0m | 1.1b | 1.3b | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | — | — | $0 | $0 | $0 | $249.5m | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.