Company / Net Income
PLUG POWER INC Net Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
-$1.6B
FY2025
5-year range
-$2.1B / -$460.0M
FY2021-FY2025
Trend
+22.5%
vs FY2024
Sector context
#359 of 360
Industrials
What the data says
Among 360 Industrials companies, PLUG POWER INC is in the bottom 0% for net income. Net Income returned to growth in FY2025 after 3 years of decline, reaching -$1.6B.
Based on SEC 10-K filings.
-$1.6B in FY2025.
Declined from -$1.4B to -$1.6B over the past 2 years.
Industrials sector context is included.
Net Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Bottom 0% in IndustrialsTop 100% of 360This company -$1.6B Sector average $539.8M
▼
-402.3% below sector average
Key checks
Key Insights
- In FY2025, net income increased 22.5% year-over-year.
- Ranks #359 out of 360 companies in the Industrials sector.
- Peak net income was recorded in FY2017.
- Lowest net income 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 | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$1.6B | +22.5% |
| FY2024 | -$2.1B | -53.8% |
| FY2023 | -$1.4B | -89.1% |
| FY2022 | -$724.0M | -57.4% |
| FY2021 | -$460.0M | +22.8% |
| FY2020 | -$596.2M | -611.9% |
| FY2019 | -$83.7M | -45.7% |
| FY2018 | -$57.5M | -3.2% |
| FY2017 | -$55.7M | +37.1% |
| FY2016 | -$88.5M | -41.2% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026