PLUG POWER INC (PLUG) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service (9 categories)

2026-04-01 to 2026-06-30

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PLUG POWER INC (PLUG) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service (9 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETFuel delivered to customers and related equipmentSales of fuel cell systemsServices performed on fuel cell systems and related infrastructurePower purchase agreementsSales of cryogenic equipment and liquefiersSales of electrolyzersSales of hydrogen infrastructureSales of engineered equipmentOtherNet revenueGross lossTotal cost of revenueOperating lossTotal operating expensesSelling, general and administrativeImpairmentResearch and developmentChange in fair value of contingent considerationRestructuringLoss before income taxesOther income (expense), net (calculated)Net lossIncome tax expenseLoss before income taxesLoss beforeincome taxes−$189.90 MNet revenueNet revenue$178.30 MGross lossGross loss−$1.68 MOperating lossOperating loss−$64.11 MFuel delivered to customers and related equipmentFuel delivered to customersand related equipment$39.47 MTotal cost of revenueTotal cost of revenue$179.97 MSales of fuel cell systemsSales of fuel cell systems$31.93 MTotal operating expensesTotal operatingexpenses$62.43 MNet lossNet loss−$190.10 MServices performed on fuel cell systems and related infrastructureServices performed on fuel cellsystems and related infrastructure$29.84 MSelling, general and administrativeSelling, general and administrative$29.27 MPower purchase agreementsPower purchase agreements$26.93 MImpairmentImpairment$19.37 MSales of cryogenic equipment and liquefiersSales of cryogenicequipment and liquefiers$26.70 MResearch and developmentResearch and development$13.42 MIncome tax expenseIncome tax expense$207.00 KChange in fair value of contingent considerationChange in fair value ofcontingent consideration$197.00 KSales of electrolyzersSales of electrolyzers$13.22 MSales of hydrogen infrastructureSales of hydrogen infrastructure$8.22 MRestructuringRestructuring$184.00 KSales of engineered equipmentSales of engineered equipment$1.84 MOtherOther$153.00 KOther income (expense), net (calculated)Other income,net (calculated)−$125.79 M
Chart details

PLUG POWER INC (PLUG) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service (9 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net revenue
178,299,000 US dollars
Total cost of revenue
179,974,000 US dollars
Gross loss
negative 1,675,000 US dollars
Total operating expenses
62,433,000 US dollars
Operating loss
negative 64,108,000 US dollars
Other income (expense), net (calculated)
negative 125,787,000 US dollars
Loss before income taxes
negative 189,895,000 US dollars
Income tax expense
207,000 US dollars
Net loss
negative 190,102,000 US dollars
Sales of fuel cell systems
31,930,000 US dollars
Sales of hydrogen infrastructure
8,220,000 US dollars
Sales of electrolyzers
13,215,000 US dollars
Sales of engineered equipment
1,836,000 US dollars
Services performed on fuel cell systems and related infrastructure
29,844,000 US dollars
Power purchase agreements
26,932,000 US dollars
Fuel delivered to customers and related equipment
39,472,000 US dollars
Sales of cryogenic equipment and liquefiers
26,697,000 US dollars
Other
153,000 US dollars
Research and development
13,420,000 US dollars
Selling, general and administrative
29,267,000 US dollars
Restructuring
184,000 US dollars
Impairment
19,365,000 US dollars
Change in fair value of contingent consideration
197,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to PLUG POWER INC: −$188.21 M; to noncontrolling interests: −$1.90 M.
PLUG POWER INC (PLUG) FY2026 Q2 P&L / Income Statement Sankey chart, Product and service (9 categories) view
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

−0.9%

Gross profit / revenue

Operating margin

−36.0%

Operating profit / revenue

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