TTM
−$1.63B
YoY change
-19.9%
5Y CAGR
—
Peak year (1998)
−$9.16M
Cumulative EBITDA
−$7.73B
EBITDA history chart for Plug Power (PLUG) from 1998 to 2025
Latest: −$1.58B
EBITDA growth chart for Plug Power (PLUG) from 1998 to 2025
Latest: -19.9%
EBITDA history table for Plug Power (PLUG) from 1998 to 2025
| 2025 | −$1.58B | -19.9% | +$392.79M | ||
| 2024 | −$1.98B | +56.9% | −$716.50M | ||
| 2023 | −$1.26B | +99.2% | −$627.38M | ||
| 2022 | −$632.53M | +54.4% | −$222.97M | ||
| 2021 | −$409.57M | -25.7% | +$141.35M | ||
| 2020 | −$550.92M | +1475.1% | −$515.94M | ||
| 2019 | −$34.98M | -41.3% | +$24.65M | ||
| 2018 | −$59.63M | -44.4% | +$47.57M | ||
| 2017 | −$107.20M | +155.6% | −$65.26M | ||
| 2016 | −$41.94M | -19.9% | +$10.42M | ||
| 2015 | −$52.35M | -37.7% | +$31.73M | ||
| 2014 | −$84.09M | +43.7% | −$25.58M | ||
| 2013 | −$58.50M | +114.9% | −$31.28M | ||
| 2012 | −$27.22M | +18.5% | −$4.25M | ||
| 2011 | −$22.98M | -41.4% | +$16.26M | ||
| 2010 | −$39.24M | +16.0% | −$5.42M | ||
| 2009 | −$33.81M | -54.3% | +$40.15M | ||
| 2008 | −$73.97M | +35.6% | −$19.44M | ||
| 2007 | −$54.53M | +16.2% | −$7.61M | ||
| 2006 | −$46.92M | +12.3% | −$5.15M | ||
| 2005 | −$41.77M | +10.1% | −$3.85M | ||
| 2004 | −$37.92M | -10.7% | +$4.52M | ||
| 2003 | −$42.44M | +10.1% | −$3.91M | ||
| 2002 | −$38.53M | -41.6% | +$27.46M | ||
| 2001 | −$65.99M | -23.2% | +$19.90M | ||
| 2000 | −$85.90M | +155.8% | −$52.32M | ||
| 1999 | −$33.58M | +266.6% | −$24.42M | ||
| 1998 | −$9.16M | — | — |
- 2025−$1.58B-19.9%
- 2024−$1.98B+56.9%
- 2023−$1.26B+99.2%
- 2022−$632.53M+54.4%
- 2021−$409.57M-25.7%
- 2020−$550.92M+1475.1%
- 2019−$34.98M-41.3%
- 2018−$59.63M-44.4%
- 2017−$107.20M+155.6%
- 2016−$41.94M-19.9%
- 2015−$52.35M-37.7%
- 2014−$84.09M+43.7%
- 2013−$58.50M+114.9%
- 2012−$27.22M+18.5%
- 2011−$22.98M-41.4%
- 2010−$39.24M+16.0%
- 2009−$33.81M-54.3%
- 2008−$73.97M+35.6%
- 2007−$54.53M+16.2%
- 2006−$46.92M+12.3%
- 2005−$41.77M+10.1%
- 2004−$37.92M-10.7%
- 2003−$42.44M+10.1%
- 2002−$38.53M-41.6%
- 2001−$65.99M-23.2%
- 2000−$85.90M+155.8%
- 1999−$33.58M+266.6%
- 1998−$9.16M—
EBITDA values are taken from Plug Power's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at Plug Power (PLUG)
According to Plug Power's latest reported financial statements, the company's current EBITDA (TTM) is −$1.63B. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Plug Power (PLUG) most recent annual EBITDA stands at −$1.58B (2025) – declined 19.9% year-over-year.
1998 marks the peak EBITDA at −$9.16M, with the historical low of −$1.98B recorded in 2024.
Plug Power EBITDA by Year
Plug Power EBITDA 2025: −$1.58B
In 2025, Plug Power reported EBITDA of −$1.58B, declined 19.9% below 2024.
Plug Power EBITDA 2024: −$1.98B
Plug Power EBITDA in 2024 was −$1.98B, surged 56.9% from 2023. This figure represents the lowest annual value in the available history.
Plug Power EBITDA 2023: −$1.26B
2023's EBITDA for Plug Power came in at −$1.26B, surged 99.2% from 2022.
Plug Power EBITDA 2022: −$632.53M
Plug Power posted EBITDA of −$632.53M in 2022, surged 54.4% from 2021.
Plug Power EBITDA 2021: −$409.57M
Plug Power EBITDA in 2021 was −$409.57M.
See more financial history for Plug Power (PLUG).
Sector peers by EBITDA
Industrials peers of Plug Power (PLUG), ranked by their latest EBITDA
| $14.95B | |
| $14.86B | |
| $12.95B | |
| $12.06B | |
| $11.66B | |
| $7.36B | |
| $5.95B | |
| $4.29B |
- $14.95B
- $14.86B
- $12.95B
- $12.06B
- $11.66B
- $7.36B
- $5.95B
- $4.29B
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Plug Power (PLUG) Key Financials
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