Plug Power Gross Profit

Plug Power posts a gross profit of $-190M as of March 2026. That compares with $-540M in the prior-year period — up 64.8% year over year. That is below the Industrials sector average of $110B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Plug Power's gross profit was $-540M. The latest reading is $-190M — a 64.8% year-over-year increase (period ending March 2026). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a gross profit near $110B is typical. Plug Power's $-190M is lower that level. That is roughly 100.2% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Gross Profit is one piece of Plug Power's financial statement story. At $-190M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for PLUG's gross profit usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $110B), and (3) consistency with growth and profitability. This page covers the first two; Plug Power's other metric pages and overview cover the third.