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
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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 -
2nd Quarter June 178.30
1st Quarter March 163.51
FY 341.81

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 second quarter 2026 Y/Y Growth Comment
Plug Power Inc reported Revenue growth of 2.49% year on year in the second quarter 2026, to $ 178.30 millions, this is lower than Plug Power Inc's recent average Revenue rise of 62%.

Looking into second quarter 2026 results within Industrial Machinery and Components industry 67 other companies have achieved higher Revenue growth. While Plug Power Inc' s Revenue increase of 2.49% ranks overall at the positon no. 2254 in the second quarter 2026.


PLUG Revenue ( Y/Y Growth %) 2026
 2025 2024 2023
4th Quarter December - 17.63 % -13.81 % 0.64 %
3rd Quarter September - 1.92 % -12.57 % 5.34 %
2nd Quarter June 2.49 % 21.36 % -44.9 % 72 %
1st Quarter March 22.32 % 11.15 % -42.81 % 49.35 %
FY   - 12.9 % -29.45 % -

Financial Statements
Plug Power Inc's second quarter 2026 Revenue $ 178.30 millions PLUG's Income Statement
Plug Power Inc's second quarter 2025 Revenue $ 173.97 millions Quarterly PLUG's Income Statement


PLUG Revenue (Quarter on Quarter Growth %)

 2026
 2025 2024 2023
4th Quarter December - 27.2 % 10.21 % 11.8 %
3rd Quarter September - 1.78 % 21.19 % -23.63 %
2nd Quarter June 9.04 % 30.15 % 19.2 % 23.72 %
1st Quarter March -27.4 % -30.19 % -45.87 % -4.73 %
FY (Year on Year)   - 12.9 % -29.45 % -


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


Revenue second quarter 2026 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #68
Capital Goods Sector #171
Overall #2254

Revenue Y/Y Growth Statistics
High Average Low
1951.21 % 62 % -140.5 %
(Sep 30 2022)   (Dec 31 2020)
Revenue second quarter 2026 Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry #68
Capital Goods Sector #171
Overall #2254
Revenue Y/Y Growth Statistics
High Average Low
1951.21 % 62 % -140.5 %
(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 II. Quarter Q/Q Revenue Comment
Plug Power Inc achieved in the II. Quarter 2026 below company average Revenue increase of 9.04% quarter on quarter, to $ 178.30 millions.

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 II. Quarter Q/Q Revenue Comment
Plug Power Inc achieved in the II. Quarter 2026 below company average Revenue increase of 9.04% quarter on quarter, to $ 178.30 millions.

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
(Jun 30 2026)		 12 Months Ending
(Mar 31 2026)		 12 Months Ending
(Dec 31 2025)		 12 Months Ending
(Sep 30 2025)		 12 Months Ending
(Jun 30 2025)
Cumulative Revenue 12 Months Ending $ 744.09 $ 739.76 $ 709.92 $ 676.17 $ 672.84
Y / Y Revenue Growth (TTM) 10.59 % 15.19 % 12.9 % 2.53 % -1.7 %
Year on Year Revenue Growth Overall Ranking # 3233 # 2177 # 2032 # 3094 # 2499
Seqeuential Revenue Change (TTM) 0.59 % 4.2 % 4.99 % 0.49 % 4.77 %
Seq. Revenue Growth (TTM) Overall Ranking # 2254 # 1562 # 1819 # 2828 # 2639


Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2026 period, Plug Power Inc's cumulative twelve months Revenue were $ 744 millions, company would post below average annual Revenue growth of 4.77% year on year, if the fiscal year would end at Jun 30 2026.
A slow-down in the Plug Power Inc's Revenue growth from the 163.51% growth in Mar 31 2026.

In the Capital Goods sector 232 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2177 to 3233.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 68
Capital Goods Sector # 233
Overall # 3233

Revenue TTM Y/Y Growth Statistics
High Average Low
1951.21 %
 62 %
-140.5 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 68
Sector # 171
S&P 500 # 2254
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jun 30 2026 period, Plug Power Inc's cumulative twelve months Revenue were $ 744 millions, company would post below average annual Revenue growth of -140.5% year on year, if the fiscal year would end at Jun 30 2026.
A slow-down in the Plug Power Inc's Revenue growth from the 163.51% growth in Mar 31 2026.

In the Capital Goods sector 232 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 2177 to 3233.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Industrial Machinery and Components Industry # 68
Capital Goods Sector # 233
Overall # 3233

Revenue TTM Y/Y Growth Statistics
High Average Low
1951.21 %
62 %
-140.5 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 68
Sector # 171
S&P 500 # 2254




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 increase for the quarter ending Jun 30 2026 within Capital Goods SectorY/Y Change %Revenue for the quarter ending Jun 30 2026
Duke Robotics Corp4.20%$ 4.196 millions
Regal Rexnord Corp4.19%$ 4.192 millions
TurnOnGreen, Inc.3.66%$ 3.664 millions
Graco Inc 3.28%$ 3.278 millions
Standex International Corp2.68%$ 2.678 millions
Plug Power Inc2.49%$ 2.488 millions
Installed Building Products Inc 2.36%$ 2.356 millions
Watsco Inc 2.06%$ 2.057 millions
Cnh Industrial N v 1.95%$ 1.953 millions
Tennant Co1.85%$ 1.855 millions
Xylem Inc 1.52%$ 1.521 millions
Champion Homes Inc 1.34%$ 1.342 millions
Energizer Holdings Inc 1.30%$ 1.297 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: 0001104659-26-093454
  • 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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