Plug Power develops hydrogen fuel cells, electrolyzers, and related infrastructure for generating, storing, and using green hydrogen. It is best known for powering material-handling fleets such as warehouse forklifts, and also supplies stationary power and on-site hydrogen generation. The company targets logistics operators, industrial sites, and other heavy users seeking zero-emission alternatives to batteries or diesel.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 133.7 | — | -196.7 | — |
| Q2 2025 | 174 | — | -227.1 | — |
| Q3 2025 | 177.1 | — | -361.9 | — |
| Q4 2025 | 225.2 | — | -846 | — |
| Q1 2026 | 163.5 | 22.3% | -245.3 | — |
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