PLUGPlug Power Inc.

$2.17

Price

$2.17+43%1Y
1M-1.6%1Y+43%

Prices are end-of-day closes. This is a research view, the focus is on the fundamentals, quality and valuation below, not intraday price.

Smart Score

Above average
7/10
Value94
Quality6
Momentum65
Growth79
Strongest Value, weakest Quality · ranked vs Industrials peers. The five questions below judge the company on its own terms.
What they do

Plug is building an end-to-end clean hydrogen ecosystem, from production, storage, and delivery to energy generation, to help its customers meet their business goals and decarbonize the economy. In creating the first commercially viable market for hydrogen fuel cells, the Company has deployed more than 74,000 fuel cell systems, primarily through material handling applications, and operates more than 275 fueling stations.

In the company’s own words · 10-K filed Mar 2, 2026 · SEC EDGAR

P/E (TTM)-
Market Cap$3.98B
1Y Return+43%
5Y Return-92%

Business segments

Q1 2026 · $163.5M

The company’s own SEC segment disclosure.

  • Sale Of Electrolyzers$40.9M25%
  • Fuel Delivered To Customers And Related Equipment$35.8M22%
  • Power Purchase Agreements$26.3M16%
  • Services Performed On Fuel Cell Systems And Related Infrastructure$22.0M13%
  • Sale Of Hydrogen Infrastructure$12.6M8%
  • Sale Of Cryogenic Equipment$12.5M8%
  • Other (3)$13.4M8%

Plug Power Inc. (PLUG) reported revenue of $178M in Q2 2026 (quarter ended June 30, 2026), up 2.5% from the same quarter a year earlier. That came with a gross margin of −0.9% and net loss of $188M. For the full year FY2025, revenue was $710M (+13% year on year) and net income −$1.63B. Its largest product in 2026-Q1 was Sale Of Electrolyzers at $41M, 25% of the disclosed total, just ahead of Fuel Delivered To Customers And Related Equipment at 22%.

Raw charts

10 series · TTM

As reported to the SEC, without any scoring.