Plug Power Inc Stock – Fundamental Analysis
Fundamental Data & Ratios (Balance sheet update: 3/23/2026)
| Balance Sheet | Total Assets | 2,594,570,000.00 | ROE | 37.70 % |
| Balance Sheet | Total Equity | 978,069,000.00 | ROA | -62.88 % |
| Cashflow | Capital Expenditures | -125,640,000.00 | P/FCF | -2.54 |
| Cashflow | Free Cash Flow | -661,475,008.00 | – | – |
| Cashflow | Operating Cash Flow | -535,835,000.00 | P/CF | -3.14 |
| Income | Earnings per Share (diluted) | -1.41 | Div. Yield | – |
| Income | Net Income | -1,631,590,000.00 | P/E | -1.03 |
| Income | Shares Outstanding | 1,158,520,000.00 | P/B | 1.72 |
| Income | Total Revenue | 709,919,000.00 | P/S | 2.37 |
Ratios calculated on: 10/14/2026
Company Description
Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including liquid green hydrogen production, storage and handling, transportation, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; Liquefaction systems; and Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
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