Ticker League

TTM

−$1.68B

YoY change

-22.5%

5Y CAGR

Peak year (1998)

−$9.60M

Net Income history chart for Plug Power (PLUG) from 1998 to 2025

Latest: −$1.63B

Net Income growth chart for Plug Power (PLUG) from 1998 to 2025

Latest: -22.5%

Net Income history table for Plug Power (PLUG) from 1998 to 2025

  • 2025−$1.63B-22.5%
  • 2024−$2.10B+53.8%
  • 2023−$1.37B+89.1%
  • 2022−$724.01M+57.4%
  • 2021−$459.96M-22.8%
  • 2020−$596.15M+611.9%
  • 2019−$83.74M+7.2%
  • 2018−$78.11M-38.5%
  • 2017−$127.08M+121.1%
  • 2016−$57.49M+3.2%
  • 2015−$55.69M-37.1%
  • 2014−$88.49M+41.2%
  • 2013−$62.67M+96.7%
  • 2012−$31.86M+16.1%
  • 2011−$27.45M-41.5%
  • 2010−$46.96M+15.4%
  • 2009−$40.71M-66.6%
  • 2008−$121.70M+100.9%
  • 2007−$60.57M+20.4%
  • 2006−$50.31M-2.8%
  • 2005−$51.74M+10.7%
  • 2004−$46.74M-11.9%
  • 2003−$53.04M+12.3%
  • 2002−$47.22M-35.4%
  • 2001−$73.11M-15.2%
  • 2000−$86.24M+157.7%
  • 1999−$33.47M+248.6%
  • 1998−$9.60M

Net Income 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 Net Income at Plug Power (PLUG)

According to Plug Power's latest reported financial statements, the company's current net income (TTM) is −$1.68B. Net income is the bottom-line profit after all expenses — cost of goods sold, operating expenses, interest, and taxes — are subtracted from revenue. It is the figure used to compute earnings per share (EPS) and is the residual available to shareholders.

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 net income stands at −$1.63B (2025) – declined 22.5% year-over-year.

−$9.60M stands as the all-time-high annual net income, posted in 1998, against a low of −$2.10B during 2024.

Plug Power Net Income by Year

Plug Power Net Income 2025: −$1.63B

In 2025, Plug Power reported net income of −$1.63B, declined 22.5% below 2024.

Plug Power Net Income 2024: −$2.10B

Plug Power net income in 2024 was −$2.10B, surged 53.8% from 2023. This figure represents the lowest annual value in the available history.

Plug Power Net Income 2023: −$1.37B

2023's net income for Plug Power came in at −$1.37B, surged 89.1% from 2022.

Plug Power Net Income 2022: −$724.01M

Plug Power posted net income of −$724.01M in 2022, surged 57.4% from 2021.

Plug Power Net Income 2021: −$459.96M

Plug Power net income in 2021 was −$459.96M.

See more financial history for Plug Power (PLUG).

Sector peers by Net Income

Industrials peers of Plug Power (PLUG), ranked by their latest net income

Frequently asked questions