What is Plug Power's operating cash flow?

Latest reported operating cash flow for Plug Power (PLUG) is −$150.04M as of the trailing twelve months (TTM) ending March 31, 2026.

How has Plug Power operating cash flow changed year-over-year?

Plug Power (PLUG) operating cash flow changed -26.5% year-over-year on the latest annual filing.

What is the long-term growth rate of Plug Power operating cash flow?

Plug Power (PLUG) operating cash flow compound annual growth rate is — over the most recent 10 years available.

When did Plug Power operating cash flow hit its highest annual value?

Plug Power operating cash flow reached its highest annual value of −$7.50M in 1998.

What was Plug Power operating cash flow in 2024?

Plug Power (PLUG) operating cash flow in 2024 was −$728.64M.

What was Plug Power operating cash flow in 2025?

Plug Power (PLUG) operating cash flow in 2025 was −$535.84M.

Plug Power (PLUG) Operating Cash Flow

Latest period

−$150.04M

YoY change

-26.5%

5Y CAGR

—

Peak year (1998)

−$7.50M

Operating Cash Flow history chart for Plug Power (PLUG) from 1998 to 2025

Latest: −$535.84M

Operating Cash Flow growth chart for Plug Power (PLUG) from 1998 to 2025

Latest: -26.5%

Operating Cash Flow history table for Plug Power (PLUG) from 1998 to 2025


2025	−$535.84M	-26.5%	+$192.81M	Dec 31, 2025	Mar 2, 2026
2024	−$728.64M	-34.2%	+$377.93M	Dec 31, 2024	Mar 3, 2025
2023	−$1.11B	+78.2%	−$485.74M	Dec 31, 2023	Feb 29, 2024
2022	−$620.83M	+73.3%	−$262.66M	Dec 31, 2022	Mar 1, 2023
2021	−$358.18M	+130.4%	−$202.70M	Dec 31, 2021	Mar 1, 2022
2020	−$155.48M	+191.6%	−$102.15M	Dec 31, 2020	May 14, 2021
2019	−$53.32M	-7.5%	+$4.29M	Dec 31, 2019	Mar 10, 2020
2018	−$57.62M	-4.3%	+$2.56M	Dec 31, 2018	Mar 13, 2019
2017	−$60.18M	+103.1%	−$30.55M	Dec 31, 2017	Mar 12, 2018
2016	−$29.64M	-37.3%	+$17.64M	Dec 31, 2016	Mar 10, 2017
2015	−$47.27M	+15.9%	−$6.49M	Dec 31, 2015	Mar 15, 2016
2014	−$40.78M	+51.7%	−$13.90M	Dec 31, 2014	Mar 17, 2015
2013	−$26.88M	+33.3%	−$6.71M	Dec 31, 2013	Mar 31, 2014
2012	−$20.16M	-39.5%	+$13.14M	Dec 31, 2012	Apr 1, 2013
2011	−$33.31M	-18.3%	+$7.46M	Dec 31, 2011	Mar 30, 2012
2010	−$40.77M	+6.7%	−$2.54M	Dec 31, 2010	Mar 31, 2011
2009	−$38.23M	-32.5%	+$18.37M	Dec 31, 2009	Mar 16, 2010
2008	−$56.60M	+14.8%	−$7.29M	Dec 31, 2008	Mar 16, 2009
2007	−$49.31M	+6.9%	−$3.20M	Dec 31, 2007	Mar 17, 2008
2006	−$46.11M	+15.6%	−$6.24M	Dec 31, 2006	Mar 16, 2007
2005	−$39.87M	+17.6%	−$5.97M	Dec 31, 2005	Mar 14, 2006
2004	−$33.90M	-10.8%	+$4.12M	Dec 31, 2004	Mar 15, 2005
2003	−$38.02M	+3.0%	−$1.12M	Dec 31, 2003	Mar 11, 2004
2002	−$36.89M	-33.3%	+$18.39M	Dec 31, 2002	Mar 31, 2003
2001	−$55.29M	-15.6%	+$10.21M	Dec 31, 2001	Feb 12, 2003
2000	−$65.49M	+175.9%	−$41.75M	Dec 31, 2000	Mar 30, 2001
1999	−$23.74M	+216.5%	−$16.24M	Dec 31, 1999	Mar 30, 2000
1998	−$7.50M	—	—	Dec 31, 1998	Dec 31, 1998

2025−$535.84M-26.5%
2024−$728.64M-34.2%
2023−$1.11B+78.2%
2022−$620.83M+73.3%
2021−$358.18M+130.4%
2020−$155.48M+191.6%
2019−$53.32M-7.5%
2018−$57.62M-4.3%
2017−$60.18M+103.1%
2016−$29.64M-37.3%
2015−$47.27M+15.9%
2014−$40.78M+51.7%
2013−$26.88M+33.3%
2012−$20.16M-39.5%
2011−$33.31M-18.3%
2010−$40.77M+6.7%
2009−$38.23M-32.5%
2008−$56.60M+14.8%
2007−$49.31M+6.9%
2006−$46.11M+15.6%
2005−$39.87M+17.6%
2004−$33.90M-10.8%
2003−$38.02M+3.0%
2002−$36.89M-33.3%
2001−$55.29M-15.6%
2000−$65.49M+175.9%
1999−$23.74M+216.5%
1998−$7.50M—

Operating Cash Flow values are taken from Plug Power's reported cash flow 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 Operating Cash Flow at Plug Power (PLUG)

Operating Cash Flow for Plug Power (PLUG): headline value −$150.04M · YoY -26.5%. Annual and quarterly series, chart, and tables are below.

Headline figure above is from the reporting period ending March 31, 2026 (reported May 11, 2026). Chart and table below cover the full reported history back to 1998.

In 2025, Plug Power (PLUG) operating cash flow totalled −$535.84M – declined 26.5% year-over-year.

−$7.50M stands as the all-time-high annual operating cash flow, posted in 1998, against a low of −$1.11B during 2023.

Plug Power Operating Cash Flow by Year

Plug Power Operating Cash Flow 2025: −$535.84M

Plug Power posted operating cash flow of −$535.84M in 2025, declined 26.5% below 2024.

Plug Power Operating Cash Flow 2024: −$728.64M

In 2024, Plug Power reported operating cash flow of −$728.64M, plunged 34.2% below 2023.

Plug Power Operating Cash Flow 2023: −$1.11B

Plug Power operating cash flow in 2023 was −$1.11B, surged 78.2% from 2022. This figure represents the lowest annual value in the available history.

Plug Power Operating Cash Flow 2022: −$620.83M

2022's operating cash flow for Plug Power came in at −$620.83M, surged 73.3% from 2021.

Plug Power Operating Cash Flow 2021: −$358.18M

Plug Power operating cash flow in 2021 was −$358.18M.

See more financial history for Plug Power (PLUG).

Sector peers by Operating Cash Flow

Industrials peers of Plug Power (PLUG), ranked by their latest operating cash flow


Caterpillar (CAT)	$11.74B
RTX (RTX)	$10.57B
Union Pacific (UNP)	$9.29B
GE Aerospace (GE)	$8.54B
Deere & Company (DE)	$7.46B
Honeywell International (HON)	$6.38B
Eaton Corporation (ETN)	$4.47B
Boeing (BA)	$1.06B

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