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

Revenue by Product and Service (9 categories)

2026-01-01 to 2026-06-30

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PLUG POWER INC (PLUG) FY2026 YTD Q2 P&L / Income StatementIncome statement for 2026-01-01 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 electrolyzersPower purchase agreementsServices performed on fuel cell systems and related infrastructureSales of fuel cell systemsSales of cryogenic equipment and liquefiersSales of hydrogen infrastructureSales of engineered equipmentOtherNet revenueGross lossTotal cost of revenueOperating lossTotal operating expensesSelling, general and administrativeResearch and developmentImpairmentRestructuringChange in fair value of contingent considerationLoss before income taxesOther income (expense), net (calculated)Net lossIncome tax expenseLoss before income taxesLoss beforeincome taxes−$435.89 MNet revenueNet revenue$341.81 MGross lossGross loss−$23.28 MOperating lossOperating loss−$173.60 MFuel delivered to customers and related equipmentFuel delivered to customersand related equipment$75.27 MTotal cost of revenueTotal cost of revenue$365.09 MSales of electrolyzersSales of electrolyzers$54.10 MNet lossNet loss−$436.14 MPower purchase agreementsPower purchase agreements$53.22 MTotal operating expensesTotal operatingexpenses$150.32 MServices performed on fuel cell systems and related infrastructureServices performed on fuel cellsystems and related infrastructure$51.81 MSelling, general and administrativeSelling, general and administrative$99.48 MSales of fuel cell systemsSales of fuel cell systems$43.72 MResearch and developmentResearch and development$25.53 MSales of cryogenic equipment and liquefiersSales of cryogenicequipment and liquefiers$39.22 MImpairmentImpairment$23.22 MIncome tax expenseIncome tax expense$248.00 KSales of hydrogen infrastructureSales of hydrogen infrastructure$20.83 MRestructuringRestructuring$1.61 MSales of engineered equipmentSales of engineered equipment$3.06 MChange in fair value of contingent considerationChange in fair value ofcontingent consideration$477.00 KOtherOther$589.00 KOther income (expense), net (calculated)Other income,net (calculated)−$262.29 M
Chart details

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

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

Net revenue
341,812,000 US dollars
Total cost of revenue
365,094,000 US dollars
Gross loss
negative 23,282,000 US dollars
Total operating expenses
150,315,000 US dollars
Operating loss
negative 173,597,000 US dollars
Other income (expense), net (calculated)
negative 262,294,000 US dollars
Loss before income taxes
negative 435,891,000 US dollars
Income tax expense
248,000 US dollars
Net loss
negative 436,139,000 US dollars
Sales of fuel cell systems
43,719,000 US dollars
Sales of hydrogen infrastructure
20,830,000 US dollars
Sales of electrolyzers
54,097,000 US dollars
Sales of engineered equipment
3,055,000 US dollars
Services performed on fuel cell systems and related infrastructure
51,814,000 US dollars
Power purchase agreements
53,222,000 US dollars
Fuel delivered to customers and related equipment
75,267,000 US dollars
Sales of cryogenic equipment and liquefiers
39,219,000 US dollars
Other
589,000 US dollars
Research and development
25,533,000 US dollars
Selling, general and administrative
99,475,000 US dollars
Restructuring
1,609,000 US dollars
Impairment
23,221,000 US dollars
Change in fair value of contingent consideration
477,000 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: −$433.51 M; to noncontrolling interests: −$2.63 M.
PLUG POWER INC (PLUG) FY2026 YTD 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

−6.8%

Gross profit / revenue

Operating margin

−50.8%

Operating profit / revenue

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