Company / Income Tax
PLUG POWER INC Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$356.0K
FY2025
5-year range
-$16.2M / $839.0K
FY2021-FY2025
Trend
+113.3%
vs FY2024
Sector context
#300 of 357
Industrials
What the data says
PLUG POWER INC's income tax of $356,000 is lower than 84% of companies in the Industrials sector (FY2025). Income Tax has fluctuated over the past 9 years, ranging from -$31M in FY2020 to $839,000 in FY2022.
Based on SEC 10-K filings.
$356,000 in FY2025 with a 3-year CAGR of -24.9%.
Increased from -$7M to $356,000 over the past 2 years.
Industrials sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -24.9%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 16% in IndustrialsTop 16% of 357This company $356.0K Sector average $123.9M
▼
-99.7% below sector average
Key checks
Key Insights
- 3-year CAGR of -24.9%, indicating a declining trend.
- In FY2025, income tax increased 113.3% year-over-year.
- Ranks #300 out of 357 companies in the Industrials sector.
- Peak income tax was recorded in FY2022.
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 | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $356.0K | +113.3% |
| FY2024 | -$2.7M | +63.5% |
| FY2023 | -$7.4M | -977.7% |
| FY2022 | $839.0K | +105.2% |
| FY2021 | -$16.2M | +47.5% |
| FY2020 | -$30.8M | - |
| FY2019 | - | - |
| FY2018 | -$392.0K | +0.0% |
| FY2017 | -$392.0K | -20.6% |
| FY2016 | -$325.0K | +20.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026