Company / Cash & Equivalents
PLUG POWER INC Cash & Equivalents History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cash & Equivalents
$368.5M
FY2025
5-year range
$135.0M / $2.5B
FY2021-FY2025
Trend
+79.2%
vs FY2024
Sector context
#130 of 321
Industrials
What the data says
At $369M, PLUG POWER INC's cash & equivalents ranks #130 of 321 in the Industrials sector. Cash & Equivalents has fluctuated over the past 10 years, ranging from $25M in FY2017 to $2.5B in FY2021.
Based on SEC 10-K filings.
$369M in FY2025 with a 5-year CAGR of -22.4%.
Improved from $135M to $369M over the past 2 years.
Industrials sector context is included.
Cash & Equivalents over time
Growth rates
- 3-Year CAGR
- -18.9%
- 5-Year CAGR
- -22.4%
- 10-Year CAGR
- -
Sector benchmark
#130 of 321 in IndustrialsTop 40% of 321This company $368.5M Sector average $707.0M
▼
-47.9% below sector average
Key checks
Key Insights
- 5-year CAGR of -22.4%, indicating a declining trend.
- In FY2025, cash & equivalents increased 79.2% year-over-year.
- Ranks #130 out of 321 companies in the Industrials sector.
- Peak cash & equivalents was recorded in FY2021.
Company context
Key Data Points
- Altman Z-Score -3.69 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cash & EquivalentsValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $368.5M | +79.2% |
| FY2024 | $205.7M | +52.3% |
| FY2023 | $135.0M | -80.4% |
| FY2022 | $690.6M | -72.2% |
| FY2021 | $2.5B | +89.1% |
| FY2020 | $1.3B | +3236.4% |
| FY2019 | $39.3M | +1.9% |
| FY2018 | $38.6M | +55.5% |
| FY2017 | $24.8M | -83.0% |
| FY2016 | $146.2M | +2808.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026