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

Revenue by Product and Service (5 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 (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETSales of equipment, related infrastructure and otherFuel delivered to customers and related equipmentPower purchase agreementsServices performed on fuel cell systems and related infrastructureOtherNet 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 MSales of equipment, related infrastructure and otherSales of equipment, relatedinfrastructure and other$160.92 MTotal cost of revenueTotal cost of revenue$365.09 MNet lossNet loss−$436.14 MFuel delivered to customers and related equipmentFuel delivered to customersand related equipment$75.27 MTotal operating expensesTotal operatingexpenses$150.32 MPower purchase agreementsPower purchase agreements$53.22 MSelling, general and administrativeSelling, general and administrative$99.48 MServices performed on fuel cell systems and related infrastructureServices performed on fuel cellsystems and related infrastructure$51.81 MResearch and developmentResearch and development$25.53 MOtherOther$589.00 KImpairmentImpairment$23.22 MIncome tax expenseIncome tax expense$248.00 KRestructuringRestructuring$1.61 MChange in fair value of contingent considerationChange in fair value ofcontingent consideration$477.00 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 (5 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 equipment, related infrastructure and other
160,920,000 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
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 Revenue by Product and Service (5 categories) Sankey chart
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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