PLUG - Earnings announcements

Achieved Positive 4th Quarter 2025 Gross MarginSetting the Stage for 2026 Financial Targets SLINGERLANDS, N.Y., March 02, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc., a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced financial results and operational milestones for the 4th quarter and fiscal year ended December 31, 2025, and outlined strategic priorities for 2026 and beyond. 2025 Goals in Review Achieved Over $700 million in revenueAchieved positive gross margin for Q4 2025Established strong liquidity platform to fund 2026Positioned Company to achieve the EBITDAS Q4 2026 goal This past year marked a pivotal commercial inflection point f

$177 Million in Quarterly Revenue Continued Global Market Expansion and Operational Progress SLINGERLANDS, N.Y., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced its financial results and operational milestones for the third quarter ended September 30, 2025. Third Quarter 2025 Financial Highlights For the third quarter 2025, revenue was $177 million, driven by continued strength in Plug's electrolyzer business, volume growth in hydrogen fuel sales and other businesses, and continued pricing enhancements. GenEco electrolyzer revenue totaled ~$65 million for the quarter, a 46% se

•   Execution on Project Quantum Leap helps accelerate business salesgrowth and financial performance•   Q2 revenue up 21% year-over-year, driven by broad hydrogen demand LATHAM, N.Y., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced its financial results and operational milestones for the second quarter ended June 30, 2025. Revenue Growth and Run Rate Momentum Plug reported $174 million in Q2 revenue, a 21% increase versus Q2 2024, driven by robust demand for its GenDrive fuel cells, GenFuel hydrogen infrastructure, and GenEco electrolyzer platforms.Electrolyzer revenue tripled

SLINGERLANDS, N.Y., May 12, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced its financial results and operational milestones for the first quarter ended March 31, 2025. The Company delivered improvements in cash flow and continued execution across its electrolyzer, hydrogen generation, and fuel cell businesses, while advancing its leadership in global decarbonization and U.S. energy security. First-Quarter Results Revenue: Plug reported revenue of $133.7 million for Q1 2025 versus $120.3 million in Q1 2024. Sales in Q1 2025 represent growing electrolyzer deliveries, continued demand in material handling,

SLINGERLANDS, N.Y., May 06, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions, today announced the initial closing of its previously announced $525 million secured term loan facility with Yorkville Advisors. The initial tranche in an aggregate principal amount of $210 million was drawn and funded. Commensurate with establishing this facility, the company has retired $82.5 million in aggregate principal of the existing convertible debenture with Yorkville Advisors, which had approximately 55 million associated underlying shares given the conversion price, and therefore this refinancing has reduced potential dilution. The transaction

SLINGERLANDS, N.Y., March 03, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in the hydrogen economy, today provided an update on its strategic and operational progress and path to profitability. This past year of 2024 marked a pivotal commercial inflection point for Plug as the Company advanced its hydrogen generation platform and scaled new product offerings, such as its electrolyzer solutions. Commensurate with these strategic initiatives driving the commercial inflection point, and in response to evolving market conditions, Plug took decisive steps in 2024 to improve margins and cash flows by optimizing operations, streamlining its workforce, consolidating fac

SLINGERLANDS, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced further progress on its strategic and operational initiatives and path to profitability in the third quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its market and financial position in the industry. Financial Highlights Q3 Financial Performance: Plug reported revenue of $173.7 million in Q3 2024, representing an inflection in electrolyzer deployments, continued expansion of its internally produced hydrogen network, and increase

SLINGERLANDS, N.Y., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced significant progress and strategic initiatives in the second quarter of 2024. These developments underscore the Company's commitment to advancing the hydrogen economy and solidifying its leadership position in the industry. Financial Highlights Q2 Financial Performance: Plug Power reported revenue of $143.4 million in Q2 2024, reflecting ongoing growth in its electrolyzer deployments and improved pricing on fuel and other product lines.Net Loss: The Company recorded a net loss of $262.3

LATHAM, N.Y., May 09, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG) (the "Company"), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, announced its financial results and operational milestones for the first quarter of 2024. First-Quarter Results Earnings-Per-Share (EPS) and Revenue: The Company reported revenue of $120.3 million and EPS loss of $0.46 for the quarter ended March 31, 2024.Enhanced Focus on Cash Management: Net cash used in operating activities and capital expenditures (includes purchases of property, plant, and equipment and purchases of equipment related to power purchase agreements and equipment related

LATHAM, N.Y., March 01, 2024 (GLOBE NEWSWIRE) -- Today, Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy announced its financial results and operational milestones for the quarter and fiscal year ended December 31, 2023. With a steadfast commitment to advancing the green hydrogen economy, the Company has achieved significant progress in revenue growth, operational efficiency, and strategic investments aimed at promoting global sustainability and energy independence. Commercial and Operational Highlights Operational Milestones:The successful commissioning and operational status of the Georgia hydrogen plant, which currently

LATHAM, N.Y., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced the access details for its January 23, 2024 business update conference call. During the conference call, Andy Marsh, the Company's Chief Executive Officer, and Paul Middleton, the Company's Chief Financial Officer, will provide a business update and answer questions. Join the call: Date: Tuesday January 23, 2024Time: 8:30 am ETToll-free:877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1652371&tp_key=7aea09abd3 The webcast can also be accessed directly from the Plug homep

LATHAM, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced its 2023 third quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q323Plug A conference call will be held today, November 9, 2023. Time: 4:30 pm ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1637631&tp_key=7e3a258c08 Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a p

LATHAM, N.Y., Aug. 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced its 2023 second quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q223Plug. A conference call will be held today, August 9, 2023. Time: 4:00 pm ETToll-free: 877-407-9221 or +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1625258&tp_key=61c1fe5656 Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a period follo

LATHAM, N.Y., March 01, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2022 fourth quarter and year end results. The quarterly shareholder letter has been posted at  https://www.ir.plugpower.com/Q422Plug. A conference call will be held today, March 1, 2023. Time: 4:30 pm ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1599574&tp_key=9ef88f116c Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available on

LATHAM, N.Y., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced the access details for its January 25, 2023 business update conference call. Join the call: Date: January 25, 2023Time: 4:30 pm ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1591108&tp_key=8f332559bf The webcast can also be accessed directly from the Plug homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call. About Plug Plug Power is building the hydrogen economy as the leading provide

LATHAM, N.Y., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2022 third quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q322Plug. A conference call will be held today, November 8, 2022. Time: 4:30 pm ETToll-free: 877-407-9221 / +1 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1579575&tp_key=1c96c6a82e Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a pe

LATHAM, N.Y., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2022 second quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q222Plug. A conference call will be held today, August 9, 2022. Time: 4:30 pm ETToll-free: 877-407-9221 / 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1546052&tp_key=43e64828c1 Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a period

LATHAM, N.Y., May 09, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2022 first quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q122Plug. A conference call will be held today, May 9, 2022. Time: 4:30 pm ETToll-free: 877-407-9221 / 201-689-8597Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1546052&tp_key=43e64828c1 Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a perio

LATHAM, N.Y., March 01, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2021 fourth quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q421Plug. A conference call will be held today, March 1, 2022. Time: 4:30 pm ETToll-free: 877-405-1239; 201-389-0851Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1531115&tp_key=cd5b4b33b7 Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a period

LATHAM, N.Y., Jan. 10, 2022 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, today announced the access details for its January 19, 2022 business update conference call. Join the call:Date: January 19, 2022Time: 10:00 am ETParticipant Dial-In: 877-405-1239 / 201-389-0851Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1523070&tp_key=f790d3a776 The webcast can also be accessed directly from the Plug Power homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call. About Plug Power Inc. Plug is building an end-to-end green hy

LATHAM, N.Y., Nov. 09, 2021 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leading provider of turnkey hydrogen solutions for the global green hydrogen economy, has announced today its 2021 third quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q321Plug. A conference call will be held today, November 9, 2021. Time: 4:30 pm ETToll-free: 800-942-2493; 212-271-4651Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1510051&tp_key=525497cacf Both the shareholder letter and webcast can be accessed at www.plugpower.com, on the company's home and investor relations pages. A playback of the call will be available online for a period