| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2020 | FY2020 | FY2020 | FY2019 | FY2019 | FY2019 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net revenue | $709.9M+12.9% | $628.8M-29.5% | $891.3M+27.1% | $701.4M | ||||||||||||||||
| Total cost of revenue | $952.0M-24.1% | $1.25B-10.4% | $1.40B+56.2% | $895.8M | ||||||||||||||||
| Gross loss | -$242.0M+61.3% | -$624.9M-23.1% | -$507.8M-161.3% | -$194.4M | ||||||||||||||||
| Research and development | $58.0M-24.9% | $77.2M-32.1% | $113.7M+14.2% | $99.6M | ||||||||||||||||
| Selling, general and administrative | $379.6M+0.9% | $376.1M-11.0% | $422.5M+16.1% | $363.9M | ||||||||||||||||
| Restructuring | $25.9M+217.1% | $8.2M | — | — | ||||||||||||||||
| Impairment | $785.4M-17.3% | $949.3M+252.3% | $269.5M+5064.7% | $5.2M | ||||||||||||||||
| Change in fair value of contingent consideration | -$23.5M-48.2% | -$15.8M-152.8% | $30.0M+82.3% | $16.5M | ||||||||||||||||
| Total operating expenses | $1.23B-12.2% | $1.39B+66.9% | $835.7M+72.2% | $485.2M | ||||||||||||||||
| Operating loss | -$1.47B+27.4% | -$2.02B-50.3% | -$1.34B-97.7% | -$679.5M | ||||||||||||||||
| Interest income | $19.4M-36.7% | $30.7M-45.0% | $55.8M+49.8% | $37.3M | ||||||||||||||||
| Interest expense | -$65.1M-39.7% | -$46.6M-3.1% | -$45.2M-15.8% | -$39.0M | ||||||||||||||||
| Other income/(expense), net | $7.6M+138.1% | -$20.0M-15138.9% | -$131K+88.5% | -$1.1M | ||||||||||||||||
| Realized loss on investments, net | -$12.8M | — | — | — | ||||||||||||||||
| Change in fair value of equity securities | $11.4M | — | — | — | ||||||||||||||||
| 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 | ||||||||||||||||
| Loss before income taxes | -$1.69B+19.7% | -$2.11B-53.1% | -$1.38B-90.3% | -$723.2M | ||||||||||||||||
| Income tax (expense)/benefit | -$356K-113.3% | $2.7M-63.5% | $7.4M+977.7% | -$839K | ||||||||||||||||
| Net loss | -$1.69B+19.5% | -$2.10B-53.8% | -$1.37B-89.1% | -$724.0M | ||||||||||||||||
| 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 | ||||||||||||||||
| Net loss per share, basic (in dollars per share) | -$1420.00+47.0% | -$2680.00-16.5% | -$2300.00-84.0% | -$1250.00 | ||||||||||||||||
| Net loss per share, diluted (in dollars per share) | -$1420.00+47.0% | -$2680.00-16.5% | -$2300.00-84.0% | -$1250.00 | ||||||||||||||||
| Weighted average number of common stock outstanding, basic (in shares) | 1.15T+46.1% | 785.02B+31.8% | 595.47B+2.7% | 579.72B | ||||||||||||||||
| Weighted average number of common stock outstanding, diluted (in shares) | 1.15T+46.1% | 785.02B+31.8% | 595.47B+2.7% | 579.72B | ||||||||||||||||
| Sales of equipment, related infrastructure and other | ||||||||||||||||||||
| Net revenue | $371.1M-4.9% | $390.3M-45.1% | $711.4M+27.3% | $558.9M | ||||||||||||||||
| Cost of revenue | $477.7M-31.4% | $696.1M-9.1% | $765.6M+63.6% | $468.1M | ||||||||||||||||
| 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. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.