Plug Power Inc.
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About Company
Plug Power Inc. develops hydrogen fuel cells product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen fueled proton exchange membrane fuel cell system that provides power to material handling electric vehicles; 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; and Progen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems. It also provides 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; ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. In addition, the company offers electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen, and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative to fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Slingerlands, New York.
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Plug Power: Dropping Coverage
Plug Power: Dropping Coverage
Quarterly Results
| Particulars | Sept 25 | Jun 25 | Mar 25 | Dec 24 | Sept 24 |
|---|---|---|---|---|---|
| Total Revenue (Cr) | 17.71 | 17.4 | 13.37 | 19.15 | 17.37 |
| Net Income (Cr) | -36.19 | -22.71 | -19.67 | -133.54 | -21.12 |
| EPS (₹) | -0.31 | -0.2 | -0.21 | 0 | -0.25 |
Annual Profit & Loss
| Particulars | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Total Revenue (Cr) | 62.88 | 89.13 | 70.14 | 50.23 |
| Operating Exp (Cr) | 45.33 | 53.62 | 46.35 | 24.46 |
| Net Income (Cr) | -210.47 | -136.88 | -72.4 | -46 |
| EPS (₹) | -2.68 | -2.3 | -1.25 | -0.82 |
Balance Sheet
| Particulars | Sept 25 | Jun 25 | Mar 25 | Dec 24 | Sept 24 |
|---|---|---|---|---|---|
| Total Assets (Cr) | 310.48 | 335.38 | 363.34 | 360.28 | 472.49 |
| Total Liabilities (Cr) | 160.61 | 158.98 | 170.08 | 179.51 | 169.55 |
| Total Equity (Cr) | 141.66 | 168.11 | 185.72 | 173.41 | 302.93 |
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