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Plug Power Inc. (NASDAQ:PLUG)
Stock Price:
$22.83
-0.61
(-2.6%)
Updated
Jan 18, 2022 09:00 PM GMT+0000
Overview
Financials
Statistics
Profile
Chart
| Market Cap | 13.16B |
|---|---|
| Revenue | 435.92M |
| Gross Profit | -540.94M |
| Shares Out | 576.36M |
| EPS (ttm) | -1.49 |
| PE Ratio | -16.9196 |
| Forward PE | -89.8230 |
| Dividend Rate (ttm) | 0.0000 |
| Dividend Yield | 0.0000 |
| Trading Day | Jan 18 |
|---|---|
| Last Price | $22.83 |
| Previous Close | $23.44 |
| Change ($) | -0.61 |
| Change (%) | -2.6% |
| Day's Open | 23.03 |
| Day's Range | Market Closed |
| Day's Volume | 17.87M |
| 52 Week Range | 18.47 - 75.49 |
About
Country
United States
Industry
Other Commercial and Service Industry Machinery Manufacturing
Sector
Manufacturing
CEO
Andrew Marsh
Address
968 Albany Shaker Rd
Latham
New York
12110-1401
Latham
New York
12110-1401
Phone
15187827700
Website
www.plugpower.com
Ticker Symbol
PLUG
Exchange
NASDAQ Stock Exchange
Reporting Currency
USD
Plug Power Inc. earnings reports (2020)
| Q3 2020 | Q2 2020 | Q1 2020 | Q1 2020 | |
|---|---|---|---|---|
| Actual EPS | -0.11 | -0.03 | -0.12 | -0.12 |
| Consensus EPS | -0.069091 | -0.1 | -0.1 | -0.1 |
| Announce Time | BTO | BTO | BTO | BTO |
| Number of Estimates | 11 | 9 | 8 | 8 |
| EPS Surprise Dollar | -0.040908999741077 | 0.07 | -0.02 | -0.02 |
| EPS Report Date | 09-11-2020 | 06-08-2020 | 06-05-2020 | 06-05-2020 |
| Fiscal End Date | 30-09-2020 | 30-06-2020 | 30-03-2020 | 30-03-2020 |
| Year Ago | -0.09 | -0.08 | -0.15 | -0.15 |
| Year Ago % Change | 22.222216703274% | 62.5% | 20% | 20% |
Plug Power Inc. earnings reports (2019)
| Q4 2019 | Q3 2019 | Q2 2019 | |
|---|---|---|---|
| Actual EPS | -0.07 | -0.09 | -0.08 |
| Consensus EPS | -0.06 | -0.08 | -0.1 |
| Announce Time | BTO | BTO | BTO |
| Number of Estimates | 7 | 8 | 7 |
| EPS Surprise Dollar | -0.01 | -0.01 | 0.02 |
| EPS Report Date | 05-03-2020 | 08-11-2019 | 05-08-2019 |
| Fiscal End Date | 31-12-2019 | 29-09-2019 | 29-06-2019 |
| Year Ago | -0.08 | -0.07 | -0.12 |
| Year Ago % Change | 12.5% | -28.57% | 33.33% |
Plug Power Inc. income statements (2021) (USD)
| November 2021 | |
|---|---|
| Total Revenue | 145.22M |
| Cost of Revenue | 168.83M |
| Gross Profit | -23.62M |
| Research & Development | 16.63M |
| Selling General & Admin | 42.42M |
| Operating Expense | 235.35M |
| Operating Income | -90.13M |
| Other Income Expense Net | 0 |
| EBIT | -90.13M |
| Interest Income | 5.36M |
| Pretax Income | -106.67M |
| Income Tax | 0 |
| Minority Interest | 0 |
| Net Income | -106.67M |
| Net Income Basic | -106.67M |
Plug Power Inc. income statements (2020) (USD)
| November 2020 | June 2020 | March 2020 | March 2020 | |
|---|---|---|---|---|
| Total Revenue | 106.99M | 68.07M | 40.81M | 40.81M |
| Cost of Revenue | 103.97M | 62.99M | 45.28M | 45.28M |
| Gross Profit | 3.02M | 5.08M | -4.47M | -4.47M |
| Research & Development | 11.96M | 9.76M | 10.41M | 10.41M |
| Selling General & Admin | 14.28M | 21.66M | 11.01M | 11.01M |
| Operating Expense | 134.52M | 94.41M | 66.71M | 66.71M |
| Operating Income | -27.53M | -26.34M | -25.9M | -25.9M |
| Other Income Expense Net | 0 | 24K | -11.58M | -11.58M |
| EBIT | -27.53M | -26.34M | -25.9M | -25.9M |
| Interest Income | 0 | 13.20M | 11.58M | 11.58M |
| Pretax Income | -45.9M | -26.32M | -37.48M | -37.48M |
| Income Tax | -6.52M | -17.66M | N.A | N.A |
| Minority Interest | 0 | 0 | 0 | 0 |
| Net Income | -39.38M | -8.66M | -37.48M | -37.48M |
| Net Income Basic | -39.38M | -8.67M | -37.49M | -37.49M |
Plug Power Inc. income statements (2019) (USD)
| December 2019 | September 2019 | June 2019 | March 2019 | |
|---|---|---|---|---|
| Total Revenue | 98.20M | 56.38M | 57.07M | 18.59M |
| Cost of Revenue | 78.88M | 51.11M | 46.91M | 25.36M |
| Gross Profit | 19.32M | 5.26M | 10.15M | -6.77M |
| Research & Development | 9.34M | 8.03M | 8.93M | 7.37M |
| Selling General & Admin | 10.98M | 10.40M | 13.63M | 9.32M |
| Operating Expense | 99.21M | 69.54M | 69.47M | 42.06M |
| Operating Income | -1M | -13.17M | -12.41M | -23.47M |
| Other Income Expense Net | -10.73M | -8.06M | -6.16M | -10.47M |
| EBIT | -1M | -13.17M | -12.41M | -23.47M |
| Interest Income | 10.81M | 8.49M | 7.86M | 8.35M |
| Pretax Income | -11.74M | -21.23M | -18.56M | -33.94M |
| Income Tax | N.A | N.A | N.A | N.A |
| Minority Interest | 0 | 0 | 0 | 0 |
| Net Income | -11.74M | -21.23M | -18.56M | -33.94M |
| Net Income Basic | -11.75M | -21.24M | -18.59M | -33.99M |
Plug Power Inc. income statements (2018) (USD)
| December 2018 | September 2018 | June 2018 | March 2018 | |
|---|---|---|---|---|
| Total Revenue | 59.82M | 53.17M | 36.01M | 27.20M |
| Cost of Revenue | 55.31M | 48.76M | 38.32M | 31.18M |
| Gross Profit | 4.51M | 4.41M | -2.31M | -3.98M |
| Research & Development | 8.43M | 8.40M | 8.43M | 8.65M |
| Selling General & Admin | 9M | 8.65M | 12.24M | 8.31M |
| Operating Expense | 72.74M | 65.81M | 58.98M | 48.14M |
| Operating Income | -12.92M | -12.65M | -22.98M | -20.94M |
| Other Income Expense Net | -5.56M | -4.64M | -5.8M | -1.85M |
| EBIT | -12.92M | -12.65M | -22.98M | -20.94M |
| Interest Income | 6.54M | 6.35M | 6.14M | 3.11M |
| Pretax Income | -18.48M | -17.28M | -28.78M | -22.79M |
| Income Tax | -1.64M | -1.72M | -2.91M | -2.95M |
| Minority Interest | 0 | 0 | 0 | 0 |
| Net Income | -16.85M | -15.57M | -25.87M | -19.84M |
| Net Income Basic | -16.86M | -15.58M | -25.88M | -19.85M |
Plug Power Inc. income statements (2017) (USD)
| December 2017 | September 2017 | June 2017 | |
|---|---|---|---|
| Total Revenue | 31.87M | 35.37M | 20.78M |
| Cost of Revenue | 32.53M | 54.78M | 24.33M |
| Gross Profit | -657K | -19.41M | -3.54M |
| Research & Development | 8.63M | 7.44M | 6.63M |
| Selling General & Admin | 8.43M | 9.54M | 11.20M |
| Operating Expense | 49.59M | 71.75M | 42.16M |
| Operating Income | -17.72M | -36.38M | -28.07M |
| Other Income Expense Net | -1.72M | -4.6M | -14.55M |
| EBIT | -17.72M | -36.38M | -28.07M |
| Interest Income | 2.99M | 2.72M | 2.25M |
| Pretax Income | -19.44M | -40.98M | -42.62M |
| Income Tax | N.A | N.A | N.A |
| Minority Interest | 0 | 0 | 0 |
| Net Income | -19.44M | -40.98M | -42.62M |
| Net Income Basic | -19.45M | -41.01M | -42.65M |
Plug Power Inc. balance sheet (2021) (USD)
| November 2021 | |
|---|---|
| Current Cash | 4.12B |
| Receivables | 132.37M |
| Inventory | 229.81M |
| Current Assets | 4.79B |
| Other Current Assets | 210.40M |
| Short Term Investments | 210.40M |
| Long Term Investments | 0.95B |
| Property/Plant Equipment | 169.59M |
| Good Will | N.A |
| Intangible Assets | 37.64M |
| Tangible Assets (Net) | 4.60B |
| Other Assets | 114.57M |
| Total Assets | 5.74B |
| Accounts Payable | 68.38M |
| Other Current Liabilities | 139.72M |
| Total Current Liabilities | 269.94M |
| Total Liabilities | 1.03B |
| Long Term Debt | 505.35M |
| Current Long Term Debt | 61.84M |
| Minority Interest | 0 |
| Common Stock | 574.52M |
| Treasury Stock | -71.17M |
| Retained Earnings | -2.2B |
| Capital Surplus | N.A |
| Shareholder Equity | 4.71B |
| Other Liabilities | N.A |
Plug Power Inc. balance sheet (2020) (USD)
| November 2020 | June 2020 | March 2020 | March 2020 | |
|---|---|---|---|---|
| Current Cash | 448.14M | 152.49M | 74.34M | 74.34M |
| Receivables | 113.13M | 45.52M | 24.44M | 24.44M |
| Inventory | 134.31M | 114.57M | 92.97M | 92.97M |
| Current Assets | 778.01M | 394.66M | 277.05M | 277.05M |
| Other Current Assets | 26.73M | 61.59M | 64.72M | 64.72M |
| Short Term Investments | 26.73M | N.A | N.A | N.A |
| Long Term Investments | 722.62M | N.A | N.A | N.A |
| Property/Plant Equipment | 374.30M | 334.74M | 269.39M | 269.39M |
| Good Will | N.A | N.A | N.A | N.A |
| Intangible Assets | 39.17M | 38.57M | 5.30M | 5.30M |
| Tangible Assets (Net) | 506.31M | 57.16M | 84M | 84M |
| Other Assets | 9.66M | 191.94M | 188.13M | 188.13M |
| Total Assets | 1.50B | 1.03B | 748.54M | 748.54M |
| Accounts Payable | 58.79M | 39.81M | 35.50M | 35.50M |
| Other Current Liabilities | 81.18M | 59.91M | 36.25M | 36.25M |
| Total Current Liabilities | 263.85M | 208.35M | 151.62M | 151.62M |
| Total Liabilities | 883.19M | 790.35M | 638.72M | 638.72M |
| Long Term Debt | 264.47M | 545.20M | 464.17M | 464.17M |
| Current Long Term Debt | 123.88M | 82.68M | 44.87M | 44.87M |
| Minority Interest | 0 | 0 | 0 | 0 |
| Common Stock | 2.09B | 332.91M | 306.96M | 306.96M |
| Treasury Stock | -40.43M | 31.36M | 31.22M | 31.22M |
| Retained Earnings | -1.43B | -1.39B | -1.38B | -1.38B |
| Capital Surplus | N.A | 1.66B | 1.52B | 1.52B |
| Shareholder Equity | 617.44M | 239.97M | 109.83M | 109.83M |
| Other Liabilities | N.A | N.A | N.A | N.A |
Plug Power Inc. balance sheet (2019) (USD)
| December 2019 | September 2019 | June 2019 | March 2019 | |
|---|---|---|---|---|
| Current Cash | 194.31M | 43.28M | 19.85M | 39.34M |
| Receivables | 25.45M | 24.39M | 26.59M | 32.06M |
| Inventory | 72.39M | 80.60M | 73.19M | 65.47M |
| Current Assets | 313.34M | 196.79M | 153.03M | 166.47M |
| Other Current Assets | 7.94M | 44.21M | 29.03M | 26.07M |
| Short Term Investments | N.A | N.A | N.A | N.A |
| Long Term Investments | N.A | N.A | N.A | N.A |
| Property/Plant Equipment | 259.70M | 217.02M | 184.68M | 155.50M |
| Good Will | N.A | N.A | N.A | N.A |
| Intangible Assets | 5.54M | 5.11M | 5.40M | 3.68M |
| Tangible Assets (Net) | 109.58M | -13.07M | -5.02M | 6.51M |
| Other Assets | 183.76M | 128.47M | 104.92M | 61.67M |
| Total Assets | 771.18M | 556.01M | 456.99M | 396.20M |
| Accounts Payable | 40.38M | 36.85M | 36.95M | 31.69M |
| Other Current Liabilities | 33.54M | 31.18M | 19.27M | 20.52M |
| Total Current Liabilities | 150.79M | 126.34M | 102.81M | 88.76M |
| Total Liabilities | 635.36M | 543.96M | 436.01M | 365.74M |
| Long Term Debt | 461.18M | 395.07M | 308.15M | 248.90M |
| Current Long Term Debt | 31.12M | 49.31M | 30.80M | 19.06M |
| Minority Interest | 0 | 0 | 0 | 0 |
| Common Stock | 303.38M | 238.72M | 231.95M | 229.53M |
| Treasury Stock | 31.22M | 31.22M | 30.68M | 30.64M |
| Retained Earnings | -1.35B | -1.33B | -1.31B | -1.29B |
| Capital Surplus | 1.51B | 1.35B | 1.33B | 1.32B |
| Shareholder Equity | 135.83M | 12.05M | 20.98M | 30.46M |
| Other Liabilities | N.A | N.A | N.A | N.A |
Plug Power Inc. balance sheet (2018) (USD)
| December 2018 | September 2018 | June 2018 | March 2018 | |
|---|---|---|---|---|
| Current Cash | 38.60M | 13.83M | N.A | 46.75M |
| Receivables | 37.35M | 24.72M | 31.51M | 22.99M |
| Inventory | 47.91M | 53.43M | 42.29M | 47.35M |
| Current Assets | 155.62M | 123.83M | 117.86M | 145.53M |
| Other Current Assets | 31.76M | 31.85M | 29.03M | 28.45M |
| Short Term Investments | N.A | N.A | N.A | N.A |
| Long Term Investments | N.A | N.A | N.A | N.A |
| Property/Plant Equipment | 159.62M | 143.17M | 107.17M | 99M |
| Good Will | N.A | N.A | N.A | N.A |
| Intangible Assets | 3.89M | 4.06M | 4.25M | 3.72M |
| Tangible Assets (Net) | 10.06M | -9.46M | 2.13M | 25.12M |
| Other Assets | 62.18M | 39.07M | 37.74M | 40.33M |
| Total Assets | 390.33M | 319.28M | 276.23M | 298.31M |
| Accounts Payable | 34.82M | 37.11M | 36.13M | 42.61M |
| Other Current Liabilities | 20.48M | 19.80M | 21.50M | 18.31M |
| Total Current Liabilities | 146.37M | 117.10M | 109.67M | 113.34M |
| Total Liabilities | 355.97M | 304.16M | 249.39M | 248.11M |
| Long Term Debt | 181.46M | 157.44M | 108.78M | 106.53M |
| Current Long Term Debt | 68.49M | 60.19M | 52.04M | 52.43M |
| Minority Interest | 0 | 0 | 0 | 0 |
| Common Stock | 219.16M | 217.51M | 214.65M | 214.21M |
| Treasury Stock | 30.64M | 30.64M | 30.64M | 30.60M |
| Retained Earnings | -1.26B | -1.24B | -1.22B | -1.2B |
| Capital Surplus | 1.29B | 1.28B | 1.28B | 1.27B |
| Shareholder Equity | 34.36M | 15.11M | 26.84M | 50.20M |
| Other Liabilities | N.A | N.A | N.A | N.A |
Plug Power Inc. balance sheet (2017) (USD)
| December 2017 | September 2017 | June 2017 | |
|---|---|---|---|
| Current Cash | 24.83M | 7.96M | 2.09M |
| Receivables | 15.33M | 52.87M | 15.27M |
| Inventory | 48.78M | 44.69M | 42.70M |
| Current Assets | 119.61M | 133.17M | 88.02M |
| Other Current Assets | 30.67M | 27.66M | 27.96M |
| Short Term Investments | N.A | N.A | N.A |
| Long Term Investments | N.A | N.A | N.A |
| Property/Plant Equipment | 97.48M | 84M | 78.67M |
| Good Will | N.A | N.A | N.A |
| Intangible Assets | 3.79M | 3.89M | 3.93M |
| Tangible Assets (Net) | 49.95M | 63.38M | 76.10M |
| Other Assets | 40.49M | 45.30M | 48.96M |
| Total Assets | 270.81M | 275.68M | 228.58M |
| Accounts Payable | 42.36M | 38.65M | 28.15M |
| Other Current Liabilities | 20.09M | 18.50M | 12.38M |
| Total Current Liabilities | 115.72M | 103.15M | 67.11M |
| Total Liabilities | 196.46M | 188.22M | 129.16M |
| Long Term Debt | 50.44M | 53.40M | 40.70M |
| Current Long Term Debt | 53.27M | 45.99M | 26.58M |
| Minority Interest | 0 | 0 | 0 |
| Common Stock | 228.49M | 227.54M | 224.71M |
| Treasury Stock | 3.10M | 3.09M | 3.09M |
| Retained Earnings | -1.18B | -1.16B | -1.12B |
| Capital Surplus | 1.25B | 1.24B | 1.22B |
| Shareholder Equity | 74.36M | 87.46M | 99.42M |
| Other Liabilities | N.A | N.A | N.A |
Plug Power Inc. cash flow (2021) (USD)
| November 2021 | |
|---|---|
| Net Income | -106.67M |
| Depreciation | 6.54M |
| Changes in Receivables | 132.37M |
| Changes in Inventories | 229.81M |
| Cash Change | 4.12B |
| Cash Flow | -101.87M |
| Capital Expenditures | -68.62M |
| Investments | N.A |
| Investing Activity (other) | N.A |
| Total Investing Cash Flows | 390.92M |
| Dividends Paid | N.A |
| Net Borrowings | -3.77B |
| Other Financing Cash Flows | N.A |
| Cash Flow Financing | -25.53M |
| Exchange Rate Effect | N.A |
Plug Power Inc. cash flow (2020) (USD)
| November 2020 | June 2020 | March 2020 | |
|---|---|---|---|
| Net Income | -39.38M | -8.66M | -37.48M |
| Depreciation | 10.22M | 3.16M | 3.03M |
| Changes in Receivables | 67.61M | -21.09M | 1.01M |
| Changes in Inventories | 19.74M | -17.4M | -20.58M |
| Cash Change | 295.65M | 76.04M | -62.29M |
| Cash Flow | -156.91M | -51.23M | -60.02M |
| Capital Expenditures | -24.96M | -4.91M | -6.36M |
| Investments | N.A | N.A | N.A |
| Investing Activity (other) | N.A | N.A | N.A |
| Total Investing Cash Flows | -71.72M | -50.2M | -6.36M |
| Dividends Paid | N.A | N.A | N.A |
| Net Borrowings | -86.52M | 160.15M | -2.02M |
| Other Financing Cash Flows | N.A | 24.16M | N.A |
| Cash Flow Financing | 590.59M | 177.48M | 4.08M |
| Exchange Rate Effect | N.A | -15K | 1K |
Plug Power Inc. cash flow (2019) (USD)
| December 2019 | September 2019 | June 2019 | March 2019 | |
|---|---|---|---|---|
| Net Income | -11.74M | -21.23M | -18.56M | -33.94M |
| Depreciation | 3.23M | 3.63M | 2.88M | 2.95M |
| Changes in Receivables | -1.06M | 2.20M | 5.47M | 5.29M |
| Changes in Inventories | 8.21M | -7.41M | -7.72M | -17.56M |
| Cash Change | 171.18M | 62.99M | 26.10M | -0.92M |
| Cash Flow | 279K | -3.31M | -12.23M | -36.26M |
| Capital Expenditures | -5.27M | -2.66M | -4.42M | -2.27M |
| Investments | N.A | N.A | N.A | N.A |
| Investing Activity (other) | N.A | N.A | N.A | N.A |
| Total Investing Cash Flows | -5.27M | -2.66M | -4.04M | -2.27M |
| Dividends Paid | N.A | N.A | N.A | N.A |
| Net Borrowings | 40.22M | 63.59M | 37.49M | 14.07M |
| Other Financing Cash Flows | N.A | N.A | N.A | N.A |
| Cash Flow Financing | 176.01M | 69.03M | 42.38M | 37.65M |
| Exchange Rate Effect | 172K | -71K | -13K | -35K |
Plug Power Inc. cash flow (2018) (USD)
| December 2018 | September 2018 | June 2018 | March 2018 | |
|---|---|---|---|---|
| Net Income | -16.85M | -15.57M | -25.87M | -19.84M |
| Depreciation | 2.60M | 2.97M | 3.19M | 2.94M |
| Changes in Receivables | -12.63M | 6.79M | -8.52M | -7.66M |
| Changes in Inventories | 6.49M | 6.07M | 5.06M | 1.43M |
| Cash Change | 48.10M | 6.63M | -33.55M | 20.91M |
| Cash Flow | -15.98M | 3.54M | -21.15M | -24.03M |
| Capital Expenditures | -2.04M | -1.17M | -12.06M | -4.3M |
| Investments | N.A | N.A | N.A | N.A |
| Investing Activity (other) | N.A | N.A | N.A | N.A |
| Total Investing Cash Flows | -2.04M | -1.17M | -12.06M | -4.3M |
| Dividends Paid | N.A | N.A | N.A | N.A |
| Net Borrowings | 32.87M | -663K | -274K | 92.65M |
| Other Financing Cash Flows | N.A | N.A | N.A | N.A |
| Cash Flow Financing | 66.13M | 4.27M | -257K | 49.20M |
| Exchange Rate Effect | -8K | -13K | -82K | 46K |
Plug Power Inc. cash flow (2017) (USD)
| December 2017 | September 2017 | June 2017 | |
|---|---|---|---|
| Net Income | -19.44M | -40.98M | -42.62M |
| Depreciation | 2.74M | 2.57M | 2.33M |
| Changes in Receivables | 37.54M | -37.6M | -8.37M |
| Changes in Inventories | -4.09M | -1.98M | -8.98M |
| Cash Change | 16.87M | 5.87M | -9.68M |
| Cash Flow | 21.11M | -22.96M | -34.48M |
| Capital Expenditures | -16.07M | -7.75M | -10.91M |
| Investments | N.A | N.A | N.A |
| Investing Activity (other) | N.A | N.A | N.A |
| Total Investing Cash Flows | -16.07M | -7.75M | -10.91M |
| Dividends Paid | N.A | N.A | N.A |
| Net Borrowings | 4.04M | 31.92M | -3.55M |
| Other Financing Cash Flows | 5.34M | 3.46M | 1.86M |
| Cash Flow Financing | 11.77M | 36.44M | 35.58M |
| Exchange Rate Effect | 62K | 128K | 123K |
Plug Power Inc. dividends (USD)
Total Valuation
Plug Power Inc has a market cap or net worth of $13.16 billion. The enterprise value is $9.60 billion.
Market Cap
13.16B
Enterprise Value
9.60B
Important Dates
Earnings Date
Feb 24, 2022
Ex-Dividend Date
n.a
Share Statistics
Plug Power Inc has 576.36 million shares outstanding.
Shares Outstanding
576.36M
Float
n.a
Valuation Ratios
The trailing PE ratio is -16.9196 and the forward PE ratio is -89.8230. Plug Power Inc's PEG ratio is 0.0444.
PE Ratio
-16.9196
Forward PE
-89.8230
PS Ratio
30.1800
PB Ratio
2.8000
PEG Ratio
0.0444
Stock Price Statistics
The stock price has decreased by -0.1913%. The beta is 0.0000, so Plug Power Inc's price volatility has been lower than the market average.
Beta (1Y)
0.0000
52-Week Price Change
-0.1913%
50-Day Moving Average
29.41
200-Day Moving Average
30.23
Average Volume (30 Days)
15.96M
Income Statement
In the last 12 months, Plug Power Inc had revenue of $435.92 million and earned $-540.94 million in profits. Earnings per share was $-1.49.
Revenue
435.92M
Gross Profit
-540.94M
EBITDA
-702.32M
Earnings per Share
-1.49
About
Country
United States
Industry
Other Commercial and Service Industry Machinery Manufacturing
Sector
Manufacturing
CEO
Andrew Marsh
Address
968 Albany Shaker Rd
Latham
New York
12110-1401
Latham
New York
12110-1401
Phone
15187827700
Website
www.plugpower.com
Ticker Symbol
PLUG
Reporting Currency
USD
Company Description
Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions. The company's innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while providing efficiency gains and meeting sustainability goals.
Plug Power created the first commercially viable market for hydrogen fuel cell (HFC) technology. As a result, the company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America.
Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power's vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart.
The company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers..