Plug Power Inc Revenue Growth Rates (PLUG), Current and Historic Growth - CSIMarket
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• Revenue Y/Y
• Op. Income Y/Y
• Cop. Income Y/Y
• Net Income Y/Y
• Eps Cop. Y/Y
• Eps Net Y/Y
• Free Cash Flow Y/Y
• Cash Flow Y/Y
• Capex Y/Y
• Sales Y/Y Annual
Plug Power Inc  (NASDAQ: PLUG)
 

PLUG's Revenue Growth by Quarter and Year

Plug Power Inc's Revenue results by quarter and year



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PLUG Revenue (in millions $) FY 2026 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 200.60
2nd Quarter June 178.30
1st Quarter March 163.51
FY 542.41

PLUGs Annual Revenue
Plug Power Inc's Revenue in the fiscal year 2025 $ 709.92 millions
Plug Power Inc's Revenue in the fiscal year 2024 $ 628.81 millions
Plug Power Inc's Revenue in the fiscal year 2023 $ 891.34 millions
Plug Power Inc's Revenue in the fiscal year 2022 $ 701.44 millions
Plug Power Inc's Revenue in the fiscal year 2021 $ 502.34 millions




PLUG Revenue third quarter 2026 Y/Y Growth Comment
Plug Power Inc reported Revenue increase of 13.3% year on year in the third quarter 2026, to $ 200.60 millions, this is lower than Plug Power Inc's recent average Revenue surge of 11720.13%.

Looking into third quarter 2026 results within Industrial Machinery and Components industry 69 other companies have achieved higher Revenue growth. While Plug Power Inc' s Revenue growth of 13.3% ranks overall at the positon no. 2583 in the third quarter 2026.


PLUG Revenue ( Y/Y Growth %) 2026
 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 13.3 %
2nd Quarter June 2.49 %
1st Quarter March 22.32 %
FY   -

Financial Statements
Plug Power Inc's third quarter 2026 Revenue $ 200.60 millions PLUG's Income Statement
Plug Power Inc's third quarter 2025 Revenue $ 177.06 millions Quarterly PLUG's Income Statement


PLUG Revenue (Quarter on Quarter Growth %)

 2026
 FY 2025 FY 2024 FY 2023
4th Quarter December -
3rd Quarter September 12.51 %
2nd Quarter June 9.05 %
1st Quarter March -27.4 %
FY (Year on Year)   -


Back to PLUG Growth rate Comparisons >> Back to PLUG Growth rate Comparisons >>


Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #70
Capital Goods Sector #180
Overall #2583

Revenue Y/Y Growth Statistics
High Average Low
294480.65 % 11720.13 % -99.93 %
(Sep 30 2022)   (Dec 31 2020)
Revenue third quarter 2026 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #70
Capital Goods Sector #180
Overall #2583
Revenue Y/Y Growth Statistics
High Average Low
294480.65 % 11720.13 % -99.93 %
(Sep 30 2022)   (Dec 31 2020)

Revenue by Quarter for the Fiscal Years 2023, 2024, 2025, 2026

Plug Power Inc's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
113051.46 % 3046.29 % -99.88 %
(Mar 31 2013)  


PLUG's III. Quarter Q/Q Revenue Comment
Plug Power Inc achieved in the III. Quarter 2026 below company average Revenue rise of 12.51% quarter on quarter, to $ 200.60 millions.

Although the III. Quarter 2026 Revenue Q/Q growth was lower than the regular , this has been yet encouraging story, as the III. Quarter surge, eclipses the 1.78% growth in the III. Quarter a year ago

Within Industrial Machinery and Components industry 24 other companies have achieved higher Revenue quarter on quarter growth. While Plug Power Inc's Revenue growth quarter on quarter, overall rank is 839.


Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #25
Capital Goods Sector #64
Overall #839
Revenue Q/Q Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #25
Capital Goods Sector #64
Overall #839
Revenue Q/Q Growth Statistics
High Average Low
113051.46 % 3046.29 % -99.88 %
(Mar 31 2013)  


PLUG's III. Quarter Q/Q Revenue Comment
Plug Power Inc achieved in the III. Quarter 2026 below company average Revenue rise of 12.51% quarter on quarter, to $ 200.60 millions.

III. Quarter 2026 Revenue Q/Q growth were paradoxical, although lower than the regular, yet it demonstrates absolute recovery measured to the 1.78% in the III. Quarter a year ago.

Within Industrial Machinery and Components industry 24 other companies have achieved higher Revenue quarter on quarter growth. While Plug Power Inc's Revenue growth quarter on quarter, overall rank is 839.


Plug Power Inc's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2026)		 12 Months Ending (Jun 30 2026) 12 Months Ending (Mar 31 2026) 12 Months Ending (Dec 31 2025) 12 Months Ending (Sep 30 2025)
Cumulative Revenue 12 Months Ending $ 767.63
Y / Y Revenue Growth (TTM) 13.53 %
Year on Year Revenue Growth Overall Ranking # 2791
Seqeuential Revenue Change (TTM) 3.16 %
Seq. Revenue Growth (TTM) Overall Ranking # 2104


Cumulative Revenue growth Comment
Although Plug Power Inc's Annual Revenue growth year on year were below company's average 1570.48% , Revenue announced in the Sep 30 2026 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 13.53% year on year, from 10.59% in Jun 30 2026.

In the Capital Goods sector 201 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2177 to 2791.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 61
Capital Goods Sector # 202
Overall # 2791

Revenue TTM Y/Y Growth Statistics
High Average Low
86952.03 %
 1570.48 %
-29.45 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 61
Sector # 159
S&P 500 # 2104
Cumulative Revenue growth Comment
Although Plug Power Inc's Annual Revenue growth year on year were below company's average 1570.48% , Revenue announced in the Sep 30 2026 period, show improvement in Revenue trend, to cumulative trailing twelve month growth of 13.53% year on year, from 10.59% in Jun 30 2026.

In the Capital Goods sector 201 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2177 to 2791.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 61
Capital Goods Sector # 202
Overall # 2791

Revenue TTM Y/Y Growth Statistics
High Average Low
86952.03 %
1570.48 %
-29.45 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 61
Sector # 159
S&P 500 # 2104




Other Revenue Growth
Industrial Machinery and Components Industry Revenue Growth Trends and Statistics
Capital Goods Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
PLUG's Revenue Growth Ratio versus Industrial Machinery and Components Industry, Capital Goods Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue rise for the quarter ending Sep 30 2026 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Sep 30 2026
Littelfuse Inc22.88%$ 22.876 millions
Transdigm Group Incorporated22.52%$ 22.518 millions
Tutor Perini Corporation21.62%$ 21.625 millions
Cavco Industries Inc 20.64%$ 20.644 millions
Spx Technologies Inc 20.53%$ 20.530 millions
Miller Industries Inc 19.01%$ 19.005 millions
Acme United Corp18.24%$ 18.242 millions
Preformed Line Products Company17.80%$ 17.797 millions
Trane Technologies Plc17.71%$ 17.714 millions
Liqtech International Inc17.32%$ 17.317 millions
Caterpillar Inc17.26%$ 17.258 millions
Sturm Ruger and Company Inc 16.46%$ 16.456 millions
Fuel Tech Inc 15.83%$ 15.834 millions
Lincoln Electric Holdings Inc15.18%$ 15.181 millions
Orion Group Holdings Inc 14.01%$ 14.010 millions
Plug Power Inc13.30%$ 13.299 millions
Ultralife Corporation13.26%$ 13.262 millions
Compx International inc12.71%$ 12.714 millions
Carrier Global Corporation12.26%$ 12.260 millions
Garmin Ltd12.18%$ 12.177 millions
The Gorman rupp Company12.08%$ 12.083 millions
The Geo Group Inc 11.54%$ 11.537 millions
Axcelis Technologies Inc11.31%$ 11.315 millions
Lockheed Martin Corporation11.30%$ 11.296 millions
The Manitowoc Company Inc 11.07%$ 11.075 millions
Leonardo Drs Inc 11.04%$ 11.042 millions
Twin Disc Inc11.02%$ 11.023 millions
Cricut Inc 10.89%$ 10.891 millions
Huntington Ingalls Industries Inc 10.81%$ 10.808 millions
Distribution Solutions Group Inc 10.75%$ 10.747 millions


About Plug Power Inc Revenue Growth Rates (PLUG), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

What’s included here

Company: Plug Power Inc (CIK 1093691).

Source & verification

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Accession: 0001104659-26-124578
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: Plug Power Inc’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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