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Net Profit Margin for Plug Power (PLUG)

As of · Reported

Metric

TTM

-227.1%

YoY change

+104.88pp

Trough year (2001)

-1273.4%

Peak year (2019)

-36.4%

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

Latest: -229.8%

Net Profit Margin change chart for Plug Power (PLUG) from 1998 to 2025

Latest: +104.88pp

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

  • 2025-229.8%+104.88pp
  • 2024-334.7%-181.14pp
  • 2023-153.6%-50.35pp
  • 2022-103.2%-11.65pp
  • 2021-91.6%—
  • 2019-36.4%+8.32pp
  • 2018-44.7%+50.87pp
  • 2017-95.6%-28.70pp
  • 2016-66.9%-12.98pp
  • 2015-53.9%+83.85pp
  • 2014-137.8%+97.83pp
  • 2013-235.6%-113.55pp
  • 2012-122.0%-22.66pp
  • 2011-99.4%+141.78pp
  • 2010-241.2%+90.01pp
  • 2009-331.2%+348.67pp
  • 2008-679.8%-307.57pp
  • 2007-372.3%+269.78pp
  • 2006-642.1%-258.38pp
  • 2005-383.7%-94.11pp
  • 2004-289.6%+134.67pp
  • 2003-424.2%-24.70pp
  • 2002-399.5%+873.85pp
  • 2001-1273.4%-244.03pp
  • 2000-1029.4%-725.10pp
  • 1999-304.3%-156.57pp
  • 1998-147.7%—

Net Profit Margin 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 Profit Margin at Plug Power (PLUG)

According to Plug Power's latest reported financial statements, the company's latest reported net margin is -227.1%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Plug Power (PLUG) net margin totalled -229.83% – expanded 104.9 percentage points year-over-year.

The highest annual net margin of -36.41% was reported in 2019. The lowest in the available history was -1273.39% in 2001.

Plug Power Net Profit Margin by Year

Plug Power Net Profit Margin 2025: -229.8%

Plug Power posted net margin of -229.83% in 2025, expanded 104.9 percentage points from 2024.

Plug Power Net Profit Margin 2024: -334.7%

In 2024, Plug Power reported net margin of -334.71%, contracted 181.1 percentage points from 2023.

Plug Power Net Profit Margin 2023: -153.6%

Plug Power net margin in 2023 was -153.57%, contracted 50.4 percentage points from 2022.

Plug Power Net Profit Margin 2022: -103.2%

2022's net margin for Plug Power came in at -103.22%, contracted 11.7 percentage points from 2021.

Plug Power Net Profit Margin 2021: -91.6%

Plug Power net margin in 2021 was -91.56%.

See more financial history for Plug Power (PLUG).

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