Plug Power's gross profit is $-190M, below the Industrials sector average of $100B.
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+ FollowAs of Mar 31, 2026
Trailing 12 months ending Mar 31, 2026
Plug Power's gross profit stands at $-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 $100B. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Plug Power reported $-190M in gross profit versus $-540M a year earlier — a 64.8% year-over-year increase. The historical chart on this page makes it easier to see whether that move is part of a longer pattern.
Plug Power sits lower the Industrials benchmark ($100B) with a gross profit of $-190M. That is roughly 100.2% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
That compares with $-540M in the prior-year period — up 64.8% year over year. Sustained growth in gross profit can support a stronger franchise, while sharp declines may reflect divestitures, weaker demand, or accounting changes. Always read YoY moves with the footnotes of recent filings in mind.
The history chart shows how Plug Power's gross profit evolved across reporting periods, while the comparison chart places PLUG next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.