Company / Inventory
PLUG POWER INC Inventory History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Inventory
$521.0M
FY2025
5-year range
$269.2M / $961.3M
FY2021-FY2025
Trend
-23.7%
vs FY2024
Sector context
#89 of 238
Industrials
What the data says
At $521M, PLUG POWER INC's inventory ranks #89 of 238 in the Industrials sector. Inventory has fluctuated over the past 10 years, ranging from $30M in FY2016 to $961M in FY2023.
Based on SEC 10-K filings.
$521M in FY2025 with a 5-year CAGR of +30.2%.
Declined from $961M to $521M over the past 2 years.
Industrials sector context is included.
Inventory over time
Growth rates
- 3-Year CAGR
- -6.9%
- 5-Year CAGR
- +30.2%
- 10-Year CAGR
- -
Sector benchmark
#89 of 238 in IndustrialsTop 37% of 238This company $521.0M Sector average $943.0M
▼
-44.8% below sector average
Key checks
Key Insights
- 5-year CAGR of +30.2%, indicating consistent growth.
- In FY2025, inventory decreased 23.7% year-over-year.
- Ranks #89 out of 238 companies in the Industrials sector.
- Peak inventory was recorded in FY2023.
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 | InventoryValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $521.0M | -23.7% |
| FY2024 | $682.6M | -29.0% |
| FY2023 | $961.3M | +48.9% |
| FY2022 | $645.6M | +139.9% |
| FY2021 | $269.2M | +93.1% |
| FY2020 | $139.4M | +112.9% |
| FY2019 | $65.5M | +36.7% |
| FY2018 | $47.9M | -1.8% |
| FY2017 | $48.8M | +62.9% |
| FY2016 | $29.9M | -8.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026