Company / Profit Margin
PLUG POWER INC Profit Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Profit Margin
-229.8%
FY2025
5-year range
-334.7% / -91.6%
FY2021-FY2025
Trend
+31.3%
vs FY2024
Sector context
#321 of 333
Industrials
What the data says
Among 333 Industrials companies, PLUG POWER INC is in the bottom 4% for profit margin. Profit Margin returned to growth in FY2025 after 4 years of decline, reaching -229.8%.
Based on SEC 10-K filings.
-229.8% in FY2025 with a 5-year CAGR of -869.2%.
Declined from -153.6% to -229.8% over the past 2 years.
Industrials sector context is included.
Profit Margin over time
Growth rates
- 3-Year Change
- -126.6pp
- 5-Year Change
- -869.2pp
- 10-Year Change
- -
Sector benchmark
Bottom 4% in IndustrialsTop 96% of 333This company -229.8% Sector average -673.5%
▼
+65.9% above sector average
Key checks
Key Insights
- In FY2025, profit margin increased 31.3% year-over-year.
- Currently 443.6pp above the Industrials sector average.
- Peak profit margin was recorded in FY2020.
- Lowest profit margin 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 | Profit MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -229.8% | +31.3% |
| FY2024 | -334.7% | -118.0% |
| FY2023 | -153.6% | -48.8% |
| FY2022 | -103.2% | -12.7% |
| FY2021 | -91.6% | -114.3% |
| FY2020 | 639.4% | +1856.1% |
| FY2019 | -36.4% | +47.5% |
| FY2018 | -69.4% | -28.7% |
| FY2017 | -53.9% | +60.9% |
| FY2016 | -137.8% | +41.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026