The table below shows PLUG POWER INC's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
$163.51M
$177.06M
$173.97M
$133.67M
$173.73M
$143.35M
Cost of revenue
$185.12M
$297.22M
$227.44M
$207.53M
$273.75M
$274.61M
Gross profit
-$21.61M
-$120.17M
-$53.47M
-$73.86M
-$100.03M
-$131.25M
R&D
$12.11M
$16.12M
$12.19M
$17.36M
$19.71M
PLUG annual revenue (10-K history)
PLUG POWER INC reported annual revenue of $709.92M for fiscal year 2025. That is up 12.9% from $628.81M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $82.82M (FY 2016) to $709.92M. Figures come from the company's audited annual reports as filed with the SEC.