Plug Power Stock (NASDAQ:PLUG)


ForecastRevenueOwnershipFinancialsChartTranscripts

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$1.92

52W Range

$1.60 - $5.14

50D Avg

$2.08

200D Avg

$2.68

Market Cap

$1.75B

Avg Vol (3M)

$44.90M

Beta

1.81

Div Yield

-

PLUG Company Profile


Plug Power Inc. delivers end-to-end clean hydrogen and zero-emissions fuel cell solutions for supply chain and logistics applications, on-road electric vehicles, stationary power market, and others in North America and internationally. It engages in building an end-to-end green hydrogen ecosystem, including green hydrogen production, storage and delivery, and energy generation through mobile or stationary applications. The company provides proton exchange membrane (PEM), fuel cell and fuel processing technologies, and fuel cell/battery hybrid technologies, as well as related hydrogen and green hydrogen generation, storage, and dispensing infrastructure. The company offers GenDrive, a hydrogen-fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, an integrated turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFuel Electrolyzers that are hydrogen generators optimized for clean hydrogen production. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. It has strategic agreements with Airbus; Lhyfe; Edison Motors; Phillips 66; Apex Clean Energy; BAE Systems; and Universal Hydrogen Co. The company was founded in 1997 and is headquartered in Latham, New York.

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Industry

Electrical Equipment & Parts

Sector

Industrials

Exchange

NASDAQ

ADR

-

Country

US

Employees

3,868

IPO Date

Oct 29, 1999

Website

PLUG Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Power purchase agreements$435.97M$375.80M-
Services performed on fuel cell systems and related infrastructure$123.08M$126.81M$102.36M
Sale of hydrogen infrastructure$183.61M$141.53M$135.06M
Sale of electrolyzers$301.32M$303.04M$49.16M
Other$10.84M$2.85M$22.75M
Fuel delivered to customers and related equipment$95.44M$93.80M-
Sales of fuel cell systems$181.17M$38.23M$23.14M
Sale of cryogenic equipment-$193.64M$46.51M
Power Purchase Agreements--$249.06M
Fuel delivered to customers--$61.60M
Sale of solutions--$7.57M

Fiscal year ends in Dec 23 | Currency in USD

PLUG Financial Summary


Dec 23Dec 22Dec 21
Revenue-$701.44M$502.34M
Operating Income$-29.71M$-679.55M$-437.32M
Net Income-$-724.01M$-459.96M
EBITDA-$-590.31M$-394.82M
Basic EPS-$-1.25$-0.82
Diluted EPS-$-1.25$-0.82

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 12, 24 | 1:28 PM
Q2 24Aug 08, 24 | 11:37 AM
Q1 24May 09, 24 | 12:00 AM

Peer Comparison


TickerCompany
MVSTMicrovast Holdings, Inc.
BEBloom Energy Corporation
ENVXEnovix Corporation
FCELFuelCell Energy, Inc.
EOSEEos Energy Enterprises, Inc.
CBATCBAK Energy Technology, Inc.
DFLIDragonfly Energy Holdings Corp.
FREYFREYR Battery
SLDPSolid Power, Inc.