$PLUG Income Statement | Understand Stock

$PLUG

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of operations

In millions of USD; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net revenue:
Net revenue
Sales of fuel cell systems, related infrastructure and equipment
Sales of equipment, related infrastructure and other
Services performed on fuel cell systems and related infrastructure
Power purchase agreements
Fuel delivered to customers
Fuel delivered to customers and related equipment
Other

Net revenue
Cost of revenue:
Cost of revenue
Sales of fuel cell systems, related infrastructure and equipment
Sales of equipment, related infrastructure and other
Services performed on fuel cell systems and related infrastructure
Benefit/(provision) for loss contracts related to service
Power purchase agreements
Fuel delivered to customers
Fuel delivered to customers and related equipment
Other

Provision (benefit) for loss contracts related to service
Provision for loss contracts related to service
Total cost of revenue

Gross loss
Operating expenses:
Research and development
Selling, general and administrative
Impairment of long-lived assets
Restructuring
Impairment of goodwill
Impairment
Change in fair value of contingent consideration
Total operating expenses
Operating loss
Interest income
Interest expense
Other expense, net
Other income/(expense), net
Change in fair value of common stock warrant liability
Realized loss on investments, net
Change in fair value of equity securities
Loss on extinguishment of convertible debt instruments and debt
Change in fair value of convertible senior note
Change in fair value of convertible debt instruments and debt
Inducement of common warrant exercise
Change in fair value of warrant liabilities
Loss on equity method investments
Other gain
Loss before income taxes
Income tax (expense)/benefit
Net loss
Net loss attributable to non-controlling interest
Net loss attributable to Plug Power Inc.
Net loss per share attributable to Plug Power Inc.:
Net loss per share, basic (in dollars per share)
Net loss per share, diluted (in dollars per share)
Weighted average number of common stock outstanding, basic (in shares)
Weighted average number of common stock outstanding, diluted (in shares)

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