Plug Power Net Income

The latest net income for PLUG is $-1.7B as of March 2026. That compares with $-2B in the prior-year period — up 16.2% year over year. That is below the Industrials sector average of $25B. Investors often review this figure alongside Plug Power's historical trend and sector peers before judging valuation or financial health.

Over the past year, PLUG's net income moved from $-2B to $-1.7B — a 16.2% year-over-year increase. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Plug Power's operating scale or balance-sheet position.

Against Industrials companies, PLUG currently prints $-1.7B for net income, while the sector average sits near $25B. That is roughly 106.7% below the sector mean. Large gaps often invite a closer look at Plug Power's growth, margins, and balance sheet.

A net income figure of $-1.7B for PLUG is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Industrials average is about $25B. Explore the charts below for those layers of context.

After noting PLUG's net income ($-1.7B), review year-over-year change from $-2B, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.