Financial Snapshot

Revenue
$659.5M
TTM
Gross Margin
-95.37%
TTM
Net Earnings
-$1.412B
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
207.64%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$3.029B
Q3 2024
Cash
Q3 2024
P/E
-1.375
Nov 29, 2024 EST
Free Cash Flow
-$1.315B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue $891.3M $701.4M $502.3M -$93.24M $230.0M $174.2M $100.2M $85.90M $103.3M $64.20M $26.60M $26.10M $27.60M $19.50M $12.30M $17.90M $16.30M $7.800M $13.50M $16.10M $12.50M $11.80M $5.700M $8.400M $11.00M $6.500M
YoY Change 27.07% 39.63% -638.78% -140.54% 32.01% 73.87% 16.65% -16.84% 60.9% 141.35% 1.92% -5.43% 41.54% 58.54% -31.28% 9.82% 108.97% -42.22% -16.15% 28.8% 5.93% 107.02% -32.14% -23.64% 69.23%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Revenue $891.3M $701.4M $502.3M -$93.24M $230.0M $174.2M $100.2M $85.90M $103.3M $64.20M $26.60M $26.10M $27.60M $19.50M $12.30M $17.90M $16.30M $7.800M $13.50M $16.10M $12.50M $11.80M $5.700M $8.400M $11.00M $6.500M
Cost Of Revenue $1.399B $895.8M $673.7M $376.2M $219.3M $200.2M $128.2M $82.00M $113.2M $69.10M $37.80M $40.50M $36.90M $29.50M $19.70M $32.90M $28.40M $12.50M $16.20M $18.80M $14.20M $11.30M $11.30M $13.10M $15.50M $8.900M
Gross Profit -$507.8M -$194.4M -$171.3M -$469.4M $10.65M -$26.00M -$28.10M $3.900M -$9.900M -$4.900M -$11.20M -$14.40M -$9.300M -$10.00M -$7.400M -$15.00M -$12.20M -$4.600M -$2.700M -$2.700M -$1.700M $500.0K -$5.600M -$4.700M -$4.500M -$2.300M
Gross Profit Margin -56.97% -27.71% -34.1% 4.63% -14.93% -28.04% 4.54% -9.58% -7.63% -42.11% -55.17% -33.7% -51.28% -60.16% -83.8% -74.85% -58.97% -20.0% -16.77% -13.6% 4.24% -98.25% -55.95% -40.91% -35.38%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Selling, General & Admin $422.5M $363.9M $179.9M $79.35M $43.20M $37.69M $45.00M $34.30M $34.20M $21.80M $12.30M $14.30M $14.10M $17.50M $14.90M $28.30M $19.30M $12.30M $10.50M $11.00M $8.900M $8.000M $8.800M $16.40M $9.900M $2.800M
YoY Change 16.09% 102.35% 126.66% 83.67% 14.64% -16.26% 31.2% 0.29% 56.88% 77.24% -13.99% 1.42% -19.43% 17.45% -47.35% 46.63% 56.91% 17.14% -4.55% 23.6% 11.25% -9.09% -46.34% 65.66% 253.57%
% of Gross Profit 405.73% 879.49% 1600.0%
Research & Development $113.7M $99.58M $64.76M $27.85M $15.06M $12.75M $28.70M $21.20M $14.90M $6.500M $3.100M $5.400M $5.700M $12.90M $16.30M $35.00M $39.20M $41.60M $34.70M $32.60M $38.30M $39.30M $59.30M $65.70M $20.50M $4.600M
YoY Change 14.23% 53.76% 132.56% 84.93% 18.11% -55.57% 35.38% 42.28% 129.23% 109.68% -42.59% -5.26% -55.81% -20.86% -53.43% -10.71% -5.77% 19.88% 6.44% -14.88% -2.54% -33.73% -9.74% 220.49% 345.65%
% of Gross Profit 141.43% 543.59% 7860.0%
Depreciation & Amortization $51.99M $30.40M $20.90M $14.43M $11.94M $11.83M $9.780M $5.240M $2.990M $4.340M $4.180M $4.380M $4.450M $7.230M $5.760M $6.630M $5.460M $3.220M $4.050M $6.960M $6.670M $8.440M $8.110M $5.840M $1.350M $500.0K
YoY Change 71.0% 45.46% 44.8% 20.91% 0.9% 20.98% 86.64% 75.25% -31.11% 3.83% -4.57% -1.57% -38.45% 25.52% -13.12% 21.43% 69.57% -20.49% -41.81% 4.35% -20.97% 4.07% 38.87% 332.59% 170.0%
% of Gross Profit 112.11% 134.36% 1688.0%
Operating Expenses $835.7M $485.2M $266.0M $114.8M $58.26M $50.44M $73.70M $55.40M $49.10M $30.60M $17.80M $22.00M $22.10M $32.60M $33.40M $65.60M $60.20M $53.80M $45.30M $43.70M $47.20M $47.30M $68.10M $82.00M $30.40M $7.400M
YoY Change 72.25% 82.39% 131.75% 97.02% 15.52% -31.57% 33.03% 12.83% 60.46% 71.91% -19.09% -0.45% -32.21% -2.4% -49.09% 8.97% 11.9% 18.76% 3.66% -7.42% -0.21% -30.54% -16.95% 169.74% 310.81%
Operating Profit -$1.344B -$679.6M -$437.3M -$584.2M -$47.61M -$76.44M -$101.8M -$51.50M -$59.00M -$35.50M -$29.00M -$36.40M -$31.40M -$42.60M -$40.80M -$80.60M -$72.40M -$58.40M -$48.00M -$46.40M -$48.90M -$46.80M -$73.70M -$86.70M -$34.90M -$9.700M
YoY Change 97.71% 55.39% -25.14% 1126.98% -37.71% -24.91% 97.67% -12.71% 66.2% 22.41% -20.33% 15.92% -26.29% 4.41% -49.38% 11.33% 23.97% 21.67% 3.45% -5.11% 4.49% -36.5% -14.99% 148.42% 259.79%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Interest Expense $45.20M $39.04M $43.23M $60.51M $37.03M -$18.50M -$25.30M -$6.400M $3.400M -$51.90M -$34.10M $4.800M $3.700M $600.0K $600.0K $15.00M $11.90M $8.200M $2.000M $1.400M $800.0K $1.600M $3.800M $7.800M $2.900M $100.0K
YoY Change 15.79% -9.69% -28.57% 63.39% -300.18% -26.88% 295.31% -288.24% -106.55% 52.2% -810.42% 29.73% 516.67% 0.0% -96.0% 26.05% 45.12% 310.0% 42.86% 75.0% -50.0% -57.89% -51.28% 168.97% 2800.0%
% of Operating Profit
Other Income/Expense, Net -$131.0K -$2.303M -$600.0K -$60.48M -$35.69M -$22.75M -$200.0K $0.00
YoY Change -94.31% 283.83% -99.01% 69.47% 56.88%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Pretax Income -$1.376B -$723.2M -$476.2M -$627.0M -$83.74M -$94.90M -$127.1M -$57.90M -$55.70M -$88.80M -$63.10M -$31.90M -$27.50M -$47.00M -$40.70M -$121.7M -$60.60M -$50.30M -$46.00M -$44.90M -$51.10M -$45.20M -$69.80M -$83.90M -$32.00M -$9.600M
YoY Change 90.3% 51.87% -24.06% 648.72% -11.76% -25.33% 119.52% 3.95% -37.27% 40.73% 97.81% 16.0% -41.49% 15.48% -66.56% 100.83% 20.48% 9.35% 2.45% -12.13% 13.05% -35.24% -16.81% 162.19% 233.33%
Income Tax -$7.364M $839.0K -$16.20M -$30.85M $0.00 -$9.295M $0.00 -$400.0K $0.00 -$300.0K -$400.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.369B -$724.0M -$460.0M -$596.2M -$83.74M -$85.61M -$127.1M -$57.50M -$55.70M -$88.50M -$62.80M -$31.90M -$27.50M -$47.00M -$40.70M -$121.7M -$60.60M -$50.30M -$51.70M -$46.70M -$53.00M -$47.20M -$73.10M -$86.20M -$33.50M -$9.600M
YoY Change 89.06% 57.41% -22.84% 611.89% -2.18% -32.65% 121.04% 3.23% -37.06% 40.92% 96.87% 16.0% -41.49% 15.48% -66.56% 100.83% 20.48% -2.71% 10.71% -11.89% 12.29% -35.43% -15.2% 157.31% 248.96%
Net Earnings / Revenue -153.57% -103.22% -91.56% -36.41% -49.14% -126.85% -66.94% -53.92% -137.85% -236.09% -122.22% -99.64% -241.03% -330.89% -679.89% -371.78% -644.87% -382.96% -290.06% -424.0% -400.0% -1282.46% -1026.19% -304.55% -147.69%
Basic Earnings Per Share -$2.30 -$1.25 -$0.82 -$1.68 -$0.36
Diluted Earnings Per Share -$2.30 -$1.25 -$0.82 -$1.68 -$0.36 -$391.0K -$587.6K -$318.4K -$316.3K -$555.9K -$820.7K -$927.3K -$1.463M -$3.588M -$3.155M -$13.67M -$6.966M -$5.849M -$6.628M -$6.397M -$8.833M -$9.255M -$15.55M -$20.05M -$12.88M -$6.857M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Cash & Short-Term Investments $135.0M $2.024B $3.722B $1.312B $139.5M $38.60M $24.80M $46.00M $64.00M $146.2M $5.000M $9.400M $13.90M $21.40M $121.9M $157.3M $165.7M $269.1M $97.60M $66.90M $102.0M $55.80M $92.70M $86.70M $171.5M $4.000M $3.100M
YoY Change -93.33% -45.62% 183.56% 840.79% 261.4% 55.65% -46.09% -28.13% -56.22% 2824.0% -46.81% -32.37% -35.05% -82.44% -22.5% -5.07% -38.42% 175.72% 45.89% -34.41% 82.8% -39.81% 6.92% -49.45% 4187.5% 29.03%
Cash & Equivalents $135.0M $690.6M $2.481B $1.312B $139.5M $38.60M $24.80M $46.00M $64.00M $146.2M $5.000M $9.400M $13.90M $11.00M $14.60M $80.80M $12.10M $26.90M $21.90M $19.00M $88.70M $27.30M $53.60M $58.50M $171.5M $4.000M $3.100M
Short-Term Investments $0.00 $1.333B $1.240B $10.40M $107.3M $76.50M $153.6M $242.2M $75.70M $47.90M $13.30M $28.60M $39.00M $28.20M $0.00
Other Short-Term Assets $320.6M $444.2M $326.5M $108.3M $76.00M $31.80M $30.70M $23.00M $11.90M $5.700M $1.900M $2.000M $1.900M $2.600M $3.200M $2.400M $2.700M $3.700M $1.900M $1.600M $2.300M $5.100M $3.000M $3.000M $400.0K $0.00 $0.00
YoY Change -27.82% 36.04% 201.48% 42.5% 138.99% 3.58% 33.48% 93.28% 108.77% 200.0% -5.0% 5.26% -26.92% -18.75% 33.33% -11.11% -27.03% 94.74% 18.75% -30.43% -54.9% 70.0% 0.0% 650.0%
Inventory $961.3M $645.6M $269.2M $139.4M $72.40M $47.90M $48.80M $29.90M $32.80M $24.70M $10.40M $8.600M $10.40M $10.50M $6.400M $6.300M $5.800M $5.600M $4.700M $3.500M $2.700M $2.000M $2.300M $2.200M $300.0K $0.00 $0.00
Prepaid Expenses
Receivables $370.1M $191.9M $131.3M $43.00M $25.80M $37.30M $15.30M $11.90M $22.70M $16.10M $6.400M $4.000M $13.40M $4.200M $2.000M $2.200M $4.300M $900.0K $1.500M $3.000M $3.300M $4.100M $2.600M $1.400M $5.200M $600.0K $800.0K
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $700.0K $0.00
Total Short-Term Assets $1.787B $3.305B $4.449B $1.603B $313.7M $155.6M $119.6M $110.9M $131.2M $192.7M $23.70M $23.90M $39.50M $38.70M $133.5M $168.1M $178.8M $279.3M $105.7M $75.00M $110.3M $67.10M $100.6M $93.30M $177.4M $5.300M $3.900M
YoY Change -45.94% -25.7% 177.48% 411.06% 101.61% 30.1% 7.84% -15.47% -31.91% 713.08% -0.84% -39.49% 2.07% -71.01% -20.58% -5.98% -35.98% 164.24% 40.93% -32.0% 64.38% -33.3% 7.82% -47.41% 3247.17% 35.9%
Property, Plant & Equipment $2.005B $1.223B $573.6M $273.1M $147.7M $159.6M $97.50M $62.30M $8.900M $7.200M $7.700M $9.700M $8.700M $10.10M $16.60M $17.80M $21.10M $18.00M $19.80M $21.80M $24.10M $26.30M $30.20M $32.30M $23.30M $2.800M $700.0K
YoY Change 63.9% 113.23% 110.03% 84.9% -7.46% 63.69% 56.5% 600.0% 23.61% -6.49% -20.62% 11.49% -13.86% -39.16% -6.74% -15.64% 17.22% -9.09% -9.17% -9.54% -8.37% -12.91% -6.5% 38.63% 732.14% 300.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $63.78M $31.25M $12.90M $0.00 $10.20M $0.00 $5.800M $7.600M $9.500M $11.50M $9.800M $9.800M $0.00 $0.00
YoY Change 104.11% 142.25% -100.0% -23.68% -20.0% -17.39% 17.35% 0.0%
Other Assets $828.7M $706.5M $536.3M $263.4M $183.8M $62.20M $40.50M $55.40M $55.80M $2.200M $500.0K $0.00 $1.100M $1.700M $3.200M $200.0K $100.0K $200.0K $3.900M $4.300M $4.800M $5.200M $5.600M $8.600M $5.600M $0.00 $200.0K
YoY Change 17.3% 31.73% 103.61% 43.31% 195.5% 53.58% -26.9% -0.72% 2436.36% 340.0% -100.0% -35.29% -46.88% 1500.0% 100.0% -50.0% -94.87% -9.3% -10.42% -7.69% -7.14% -34.88% 53.57% -100.0%
Total Long-Term Assets $3.116B $2.459B $1.502B $648.1M $345.8M $234.7M $151.2M $129.9M $78.30M $11.50M $11.70M $15.60M $16.20M $20.50M $30.70M $41.00M $89.60M $28.60M $34.10M $43.00M $50.30M $41.60M $50.80M $57.50M $38.70M $2.800M $900.0K
YoY Change 26.71% 63.76% 131.69% 87.42% 47.34% 55.22% 16.4% 65.9% 580.87% -1.71% -25.0% -3.7% -20.98% -33.22% -25.12% -54.24% 213.29% -16.13% -20.7% -14.51% 20.91% -18.11% -11.65% 48.58% 1282.14% 211.11%
Total Assets $4.903B $5.764B $5.950B $2.251B $659.5M $390.3M $270.8M $240.8M $209.5M $204.2M $35.40M $39.50M $55.70M $59.20M $164.2M $209.1M $268.4M $307.9M $139.8M $118.0M $160.6M $108.7M $151.4M $150.8M $216.1M $8.100M $4.800M
YoY Change
Accounts Payable $257.8M $191.9M $92.30M $50.20M $40.40M $34.80M $42.40M $32.10M $20.50M $10.20M $3.100M $3.600M $4.700M $3.600M $2.900M $3.300M $4.600M $2.000M $2.700M $2.300M $2.000M $900.0K $800.0K $3.500M $4.600M $600.0K $400.0K
YoY Change 34.36% 107.9% 83.86% 24.26% 16.09% -17.92% 32.09% 56.59% 100.98% 229.03% -13.89% -23.4% 30.56% 24.14% -12.12% -28.26% 130.0% -25.93% 17.39% 15.0% 122.22% 12.5% -77.14% -23.91% 666.67% 50.0%
Accrued Expenses $264.2M $205.3M $110.1M $60.40M $23.80M $7.900M $10.60M $9.300M $14.00M $8.700M $3.100M $3.800M $3.200M $4.300M $5.800M $9.900M $5.500M $2.600M $3.800M $2.400M $3.500M $3.100M $3.400M $5.900M $3.000M $1.700M $800.0K
YoY Change 28.71% 86.46% 82.28% 153.78% 201.27% -25.47% 13.98% -33.57% 60.92% 180.65% -18.42% 18.75% -25.58% -25.86% -41.41% 80.0% 111.54% -31.58% 58.33% -31.43% 12.9% -8.82% -42.37% 96.67% 76.47% 112.5%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $3.400M $5.400M $0.00 $59.40M $62.90M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -37.04% -100.0% -5.56%
Long-Term Debt Due $96.19M $72.22M $62.00M $59.00M $51.40M $91.10M $53.30M $17.80M $600.0K $700.0K $700.0K $0.00 $0.00 $400.0K $0.00 $0.00 $500.0K $400.0K $300.0K $300.0K $300.0K $400.0K $400.0K $0.00
YoY Change 33.19% 16.48% 5.08% 14.79% -43.58% 70.92% 199.44% -14.29% 0.0% -100.0% -100.0% 25.0% 33.33% 0.0% 0.0% -25.0% 0.0%
Total Short-Term Liabilities $964.8M $635.3M $420.6M $222.4M $134.0M $146.4M $115.7M $66.50M $42.70M $25.70M $12.60M $17.00M $17.00M $15.00M $73.50M $81.90M $14.90M $12.30M $10.20M $10.90M $11.00M $10.30M $10.20M $10.00M $8.200M $2.600M $1.300M
YoY Change 51.87% 51.04% 89.12% 65.97% -8.47% 26.53% 73.98% 55.74% 66.15% 103.97% -25.88% 0.0% 13.33% -79.59% -10.26% 449.66% 21.14% 20.59% -6.42% -0.91% 6.8% 0.98% 2.0% 21.95% 215.38% 100.0%
Long-Term Debt $517.0M $506.1M $541.7M $389.0M $317.6M $181.5M $50.40M $50.60M $14.80M $2.400M $3.100M $1.300M $0.00 $0.00 $1.200M $0.00 $0.00 $0.00 $3.600M $4.000M $4.400M $4.600M $5.000M $5.300M $5.700M $0.00 $0.00
YoY Change 2.14% -6.56% 39.25% 22.48% 74.99% 260.12% -0.4% 241.89% 516.67% -22.58% 138.46% -100.0% -100.0% -10.0% -9.09% -4.35% -8.0% -5.66% -7.02%
Other Long-Term Liabilities $522.8M $562.6M $382.1M $173.0M $76.90M $28.10M $30.30M $29.00M $26.10M $16.60M $35.20M $6.100M $9.600M $1.200M $1.300M $1.300M $4.600M $1.100M $1.100M $1.000M $900.0K $1.100M $1.200M $1.400M $800.0K $0.00
YoY Change -7.07% 47.25% 120.87% 124.97% 173.67% -7.26% 4.48% 11.11% 57.23% -52.84% 477.05% -36.46% 700.0% -7.69% 0.0% -71.74% 318.18% 0.0% 10.0% 11.11% -18.18% -8.33% -14.29% 75.0%
Total Long-Term Liabilities $1.040B $1.069B $923.8M $562.0M $394.5M $209.6M $80.70M $79.60M $40.90M $19.00M $38.30M $7.400M $9.600M $1.200M $2.500M $1.300M $4.600M $1.100M $4.700M $5.000M $5.300M $5.700M $6.200M $6.700M $6.500M $0.00 $0.00
YoY Change -2.71% 15.69% 64.38% 42.46% 88.22% 159.73% 1.38% 94.62% 115.26% -50.39% 417.57% -22.92% 700.0% -52.0% 92.31% -71.74% 318.18% -76.6% -6.0% -5.66% -7.02% -8.06% -7.46% 3.08%
Total Liabilities $2.005B $1.704B $1.344B $784.4M $528.5M $356.0M $196.5M $146.1M $83.60M $44.70M $50.90M $24.40M $26.60M $16.30M $75.90M $83.20M $19.50M $13.40M $14.80M $15.90M $16.30M $16.00M $16.40M $16.70M $14.70M $2.600M $1.300M
YoY Change 17.64% 26.75% 71.39% 48.42% 48.46% 81.17% 34.5% 74.76% 87.02% -12.18% 108.61% -8.27% 63.19% -78.52% -8.77% 326.67% 45.52% -9.46% -6.92% -2.45% 1.88% -2.44% -1.8% 13.61% 465.38% 100.0%

Ownership

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997
Basic Shares Outstanding 595.5M 579.7M 558.2M 354.8M 237.2M
Diluted Shares Outstanding 595.5M 579.7M 558.2M 354.8M 237.2M
Preferred Stock
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Market Cap: $1.9408 Billion

About PLUG POWER INC

Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. The company is headquartered in Slingerlands, New York and currently employs 3,868 full-time employees. The firm develops commercially viable hydrogen and fuel cell product solutions. The company provides electrolyzers that allow customers, such as refineries, producers of chemicals, steel, fertilizer and commercial refueling stations, to generate hydrogen on-site. The company focuses on industrial mobility applications, including electric forklifts and electric industrial vehicles, at multi-shift high volume manufacturing and high throughput distribution sites and environmental benefits; stationary power systems that supports critical operations, such as data centers, microgrids and generation facilities, in either a backup power or continuous power role and replace batteries, diesel generators or the grid for telecommunication logistics, transportation, and utility customers; and production of hydrogen.

Industry: Electrical Industrial Apparatus Peers: ACUITY BRANDS INC AMETEK INC/ EMERSON ELECTRIC CO GENERAC HOLDINGS INC. HUBBELL INC ROCKWELL AUTOMATION, INC Sensata Technologies Holding plc Sunrun Inc.