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Operating Income for Plug Power (PLUG)

Latest filings through · Reported

Metric

TTM

−$611.44M

YoY change

-66.4%

5Y CAGR

—

Peak year (1998)

−$9.80M

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

Latest: −$679.57M

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

Latest: -66.4%

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

  • 2025−$679.57M-66.4%
  • 2024−$2.02B+50.3%
  • 2023−$1.34B+97.7%
  • 2022−$679.55M+55.4%
  • 2021−$437.32M-25.1%
  • 2020−$584.20M+1127.0%
  • 2019−$47.61M-31.5%
  • 2018−$69.48M-31.7%
  • 2017−$101.79M+97.6%
  • 2016−$51.52M-12.7%
  • 2015−$59.00M+55.5%
  • 2014−$37.93M+31.0%
  • 2013−$28.96M-21.0%
  • 2012−$36.67M+17.8%
  • 2011−$31.13M-34.5%
  • 2010−$47.53M+15.2%
  • 2009−$41.27M-67.4%
  • 2008−$126.43M+74.8%
  • 2007−$72.33M+23.7%
  • 2006−$58.48M+21.9%
  • 2005−$47.98M+3.6%
  • 2004−$46.33M-10.8%
  • 2003−$51.91M+11.0%
  • 2002−$46.77M-36.7%
  • 2001−$73.90M-19.4%
  • 2000−$91.73M+162.6%
  • 1999−$34.93M+256.4%
  • 1998−$9.80M—

Operating 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 Operating Income at Plug Power (PLUG)

According to Plug Power's latest reported financial statements, the company's current operating income (TTM) is −$611.44M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

In 2025, Plug Power (PLUG) operating income totalled −$679.57M – plunged 66.4% year-over-year.

Across the available history, operating income reached its high of −$9.80M in 1998 and its low of −$2.02B in 2024.

Plug Power Operating Income by Year

Plug Power Operating Income 2025: −$679.57M

In 2025, Plug Power reported operating income of −$679.57M, plunged 66.4% below 2024.

Plug Power Operating Income 2024: −$2.02B

Plug Power operating income in 2024 was −$2.02B, surged 50.3% from 2023. This figure represents the lowest annual value in the available history.

Plug Power Operating Income 2023: −$1.34B

2023's operating income for Plug Power came in at −$1.34B, surged 97.7% from 2022.

Plug Power Operating Income 2022: −$679.55M

Plug Power posted operating income of −$679.55M in 2022, surged 55.4% from 2021.

Plug Power Operating Income 2021: −$437.32M

Plug Power operating income in 2021 was −$437.32M.

See more financial history for Plug Power (PLUG).

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