| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Net revenue | $3.4M-67.9% | $10.6M-2.3% | $10.8M+280.4% | $2.8M+261.1% | $789K |
| Total cost of revenue | $952.0M-24.1% | $1.25B-10.4% | $1.40B+56.2% | $895.8M+33.0% | $673.7M |
| Gross loss | -$242.0M+61.3% | -$624.9M-23.1% | -$507.8M-161.3% | -$194.4M-13.5% | -$171.3M |
| Research and development | $58.0M-24.9% | $77.2M-32.1% | $113.7M+14.2% | $99.6M+53.8% | $64.8M |
| Selling, general and administrative | $379.6M+0.9% | $376.1M-11.0% | $422.5M+16.1% | $363.9M+102.3% | $179.9M |
| Restructuring | $25.9M+217.1% | $8.2M | — | — | — |
| Impairment | $785.4M-17.3% | $949.3M+252.3% | $269.5M+5064.7% | $5.2M-49.0% | $10.2M |
| Change in fair value of contingent consideration | -$23.5M-48.2% | -$15.8M-152.8% | $30.0M+82.3% | $16.5M+47.4% | $11.2M |
| Total operating expenses | $1.23B-12.2% | $1.39B+66.9% | $835.7M+72.2% | $485.2M+82.4% | $266.0M |
| Operating loss | -$1.47B+27.4% | -$2.02B-50.3% | -$1.34B-97.7% | -$679.5M-55.4% | -$437.3M |
| Interest income | $19.4M-36.7% | $30.7M-45.0% | $55.8M+49.8% | $37.3M+822.3% | $4.0M |
| Interest expense | -$65.1M-39.7% | -$46.6M-3.1% | -$45.2M-15.8% | -$39.0M+9.7% | -$43.2M |
| Other income/(expense), net | $7.6M+138.1% | -$20.0M-15138.9% | -$131K+88.5% | -$1.1M-87.3% | -$606K |
| Realized loss on investments, net | -$12.8M | — | — | — | -$81K |
| Change in fair value of equity securities | $11.4M | — | — | — | $6.7M |
| Loss on extinguishment of convertible debt instruments and debt | -$31.5M-93.5% | -$16.3M | — | — | — |
| Change in fair value of convertible debt instruments and debt | -$32.9M-860.7% | -$3.4M | — | — | — |
| Inducement of common warrant exercise | -$196.5M | — | — | — | — |
| Change in fair value of warrant liabilities | $128.1M | — | — | — | — |
| Loss on equity method investments | -$55.1M-71.1% | -$32.2M+23.0% | -$41.8M-107.2% | -$20.2M-253.5% | -$5.7M |
| Loss before income taxes | -$1.69B+19.7% | -$2.11B-53.1% | -$1.38B-90.3% | -$723.2M-51.9% | -$476.2M |
| Income tax (expense)/benefit | -$356K-113.3% | $2.7M-63.5% | $7.4M+977.7% | -$839K-105.2% | $16.2M |
| Net loss | -$1.69B+19.5% | -$2.10B-53.8% | -$1.37B-89.1% | -$724.0M-57.4% | -$460.0M |
| Net loss attributable to non-controlling interest | -$62.1M-30328.4% | -$204K | — | — | — |
| Net loss attributable to Plug Power Inc. | -$1.63B+22.5% | -$2.10B-53.8% | -$1.37B-89.1% | -$724.0M-57.4% | -$460.0M |
| Net loss per share, basic (in dollars per share) | -$1420.00+47.0% | -$2680.00-16.5% | -$2300.00-84.0% | -$1250.00-52.4% | -$820.00 |
| Net loss per share, diluted (in dollars per share) | -$1420.00+47.0% | -$2680.00-16.5% | -$2300.00-84.0% | -$1250.00-52.4% | -$820.00 |
| Weighted average number of common stock outstanding, basic (in shares) | 1.15T+46.1% | 785.02B+31.8% | 595.47B+2.7% | 579.72B+3.9% | 558.18B |
| Weighted average number of common stock outstanding, diluted (in shares) | 1.15T+46.1% | 785.02B+31.8% | 595.47B+2.7% | 579.72B+3.9% | 558.18B |
| Sales of equipment, related infrastructure and other | |||||
| Cost of revenue | $1.7M-69.7% | $5.5M-15.4% | $6.5M+149.6% | $2.6M+125.1% | $1.2M |
| Services performed on fuel cell systems and related infrastructure | |||||
| (Benefit)/provision for loss contracts related to service | |||||
| Power purchase agreements | |||||
| Fuel delivered to customers and related equipment | |||||
| Other | |||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.