Company / Gross Profit
PLUG POWER INC Gross Profit History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Profit
-$242.0M
FY2025
5-year range
-$624.9M / -$171.3M
FY2021-FY2025
Trend
+61.3%
vs FY2024
Sector context
#201 of 201
Industrials
What the data says
Among 201 Industrials companies, PLUG POWER INC is in the bottom 0% for gross profit. Gross Profit returned to growth in FY2025 after 3 years of decline, reaching -$242M.
Based on SEC 10-K filings.
-$242M in FY2025.
Improved from -$508M to -$242M over the past 2 years.
Industrials sector context is included.
Gross Profit over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in IndustrialsTop 100% of 201This company -$242.0M Sector average $1.3B
▼
-118.6% below sector average
Key checks
Key Insights
- In FY2025, gross profit increased 61.3% year-over-year.
- Ranks #201 out of 201 companies in the Industrials sector.
- Peak gross profit was recorded in FY2019.
- Lowest gross profit in the period was in FY2024.
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 | Gross ProfitValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$242.0M | +61.3% |
| FY2024 | -$624.9M | -23.1% |
| FY2023 | -$507.8M | -161.3% |
| FY2022 | -$194.4M | -13.5% |
| FY2021 | -$171.3M | +63.5% |
| FY2020 | -$469.4M | -4508.5% |
| FY2019 | $10.6M | +169.8% |
| FY2018 | $3.9M | +139.9% |
| FY2017 | -$9.9M | -103.4% |
| FY2016 | -$4.9M | +56.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026