TTM
$739.76M
YoY change
+12.9%
5Y CAGR
—
Peak year (2023)
$891.34M
Cumulative revenue
$4.53B
Revenue history chart for Plug Power (PLUG) from 1998 to 2025
Latest: $709.92M
Revenue growth chart for Plug Power (PLUG) from 1998 to 2025
Latest: +12.9%
Revenue history table for Plug Power (PLUG) from 1998 to 2025
| 2025 | $709.92M | +12.9% | +$81.11M | ||
| 2024 | $628.81M | -29.5% | −$262.53M | ||
| 2023 | $891.34M | +27.1% | +$189.90M | ||
| 2022 | $701.44M | +39.6% | +$199.10M | ||
| 2021 | $502.34M | -638.8% | +$595.58M | ||
| 2020 | −$93.24M | -140.5% | −$323.21M | ||
| 2019 | $229.97M | +31.7% | +$55.34M | ||
| 2018 | $174.63M | +31.4% | +$41.70M | ||
| 2017 | $132.93M | +54.7% | +$47.00M | ||
| 2016 | $85.93M | -16.8% | −$17.36M | ||
| 2015 | $103.29M | +60.8% | +$39.06M | ||
| 2014 | $64.23M | +141.5% | +$37.63M | ||
| 2013 | $26.60M | +1.9% | +$493.00K | ||
| 2012 | $26.11M | -5.5% | −$1.52M | ||
| 2011 | $27.63M | +41.9% | +$8.15M | ||
| 2010 | $19.47M | +58.4% | +$7.18M | ||
| 2009 | $12.29M | -31.3% | −$5.61M | ||
| 2008 | $17.90M | +10.0% | +$1.63M | ||
| 2007 | $16.27M | +107.6% | +$8.43M | ||
| 2006 | $7.84M | -41.9% | −$5.65M | ||
| 2005 | $13.49M | -16.4% | −$2.65M | ||
| 2004 | $16.14M | +29.1% | +$3.64M | ||
| 2003 | $12.50M | +5.8% | +$684.04K | ||
| 2002 | $11.82M | +105.8% | +$6.08M | ||
| 2001 | $5.74M | -31.5% | −$2.64M | ||
| 2000 | $8.38M | -23.8% | −$2.62M | ||
| 1999 | $11.00M | +69.2% | +$4.50M | ||
| 1998 | $6.50M | — | — |
- 2025$709.92M+12.9%
- 2024$628.81M-29.5%
- 2023$891.34M+27.1%
- 2022$701.44M+39.6%
- 2021$502.34M-638.8%
- 2020−$93.24M-140.5%
- 2019$229.97M+31.7%
- 2018$174.63M+31.4%
- 2017$132.93M+54.7%
- 2016$85.93M-16.8%
- 2015$103.29M+60.8%
- 2014$64.23M+141.5%
- 2013$26.60M+1.9%
- 2012$26.11M-5.5%
- 2011$27.63M+41.9%
- 2010$19.47M+58.4%
- 2009$12.29M-31.3%
- 2008$17.90M+10.0%
- 2007$16.27M+107.6%
- 2006$7.84M-41.9%
- 2005$13.49M-16.4%
- 2004$16.14M+29.1%
- 2003$12.50M+5.8%
- 2002$11.82M+105.8%
- 2001$5.74M-31.5%
- 2000$8.38M-23.8%
- 1999$11.00M+69.2%
- 1998$6.50M—
Revenue 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 Revenue at Plug Power (PLUG)
According to Plug Power's latest reported financial statements, the company's current revenue (TTM) is $739.76M. Revenue is the total income from selling goods or services before any expenses. Unlike net income (earnings), revenue does not subtract operating costs, taxes, or other charges. Figures are in USD; chart and tables below use historical filings.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
As of the 2025 fiscal year, Plug Power (PLUG) reported revenue of $709.92M – grew 12.9% year-over-year.
Through 2015–2025 (10 years), Plug Power revenue delivered a +21.3% annualised rate; with mixed annual results across the window.
Between 2023 and 2025, Plug Power revenue declined 20.4%, falling from $891.34M to $709.92M.
2023 marks the peak revenue at $891.34M, with the historical low of −$93.24M recorded in 2020.
Plug Power Revenue by Year
Plug Power Revenue 2025: $709.92M
Plug Power posted revenue of $709.92M in 2025, grew 12.9% from 2024.
Plug Power Revenue 2024: $628.81M
In 2024, Plug Power reported revenue of $628.81M, declined 29.5% below 2023.
Plug Power Revenue 2023: $891.34M
Plug Power revenue in 2023 was $891.34M, grew 27.1% from 2022. This figure represents the highest annual value in the available history.
Plug Power Revenue 2022: $701.44M
2022's revenue for Plug Power came in at $701.44M, surged 39.6% from 2021.
Plug Power Revenue 2021: $502.34M
Plug Power revenue in 2021 was $502.34M.
See more financial history for Plug Power (PLUG).
Sector peers by Revenue
Industrials peers of Plug Power (PLUG), ranked by their latest revenue
| $89.46B | |
| $88.60B | |
| $67.59B | |
| $45.85B | |
| $44.66B | |
| $27.45B | |
| $24.51B | |
| $18.67B |
- $89.46B
- $88.60B
- $67.59B
- $45.85B
- $44.66B
- $27.45B
- $24.51B
- $18.67B
Frequently asked questions
Plug Power (PLUG) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation