Plug Power Stock (NASDAQ:PLUG)
Previous Close
$2.86
52W Range
$1.03 - $4.58
50D Avg
$3.25
200D Avg
$2.54
Market Cap
$3.25B
Avg Vol (3M)
$76.51M
Beta
2.12
Div Yield
-
PLUG Company Profile
Plug Power Inc. specializes in providing comprehensive clean hydrogen and zero-emission fuel cell solutions. These innovative offerings cater to various sectors, including supply chain and logistics, on-road electric vehicles, and stationary power generation, with operations spanning North America and international markets. The company is actively constructing an end-to-end green hydrogen ecosystem, encompassing its production, efficient storage and delivery, and subsequent energy generation for both mobile and fixed applications. Its technological portfolio includes advanced proton exchange membrane (PEM) and fuel cell systems, fuel processing capabilities, and innovative fuel cell/battery hybrid designs. Furthermore, Plug Power develops the essential infrastructure for green hydrogen generation, storage, and dispensing. Among its flagship offerings is GenDrive, a hydrogen-powered PEM fuel cell system specifically engineered for material handling electric vehicles. GenFuel provides a complete liquid hydrogen fueling solution, covering generation, storage, delivery, and dispensing. GenCare is an IoT-driven service program that ensures ongoing maintenance and on-site support for various Plug Power systems, including GenDrive, GenSure, GenFuel, and ProGen. For stationary power needs, GenSure delivers modular PEM fuel cell power, crucial for backup and grid-support in telecommunications, transportation, and utility sectors. The company also offers GenKey, an integrated, ready-to-use solution for businesses transitioning to fuel cell power. ProGen represents the core fuel cell stack and engine technology, versatile enough for mobile and stationary fuel cell systems, and serving as engines in electric delivery vans. Additionally, GenFuel Electrolyzers are optimized hydrogen generators designed for clean hydrogen production. Plug Power distributes its products through a multi-channel approach, leveraging a direct sales force, collaborations with original equipment manufacturers (OEMs), and an extensive dealer network. The firm boasts significant strategic alliances with prominent entities such as Airbus, Lhyfe, Edison Motors, Phillips 66, Apex Clean Energy, BAE Systems, and Universal Hydrogen Co. Established in 1997, Plug Power Inc. maintains its corporate headquarters in Latham, New York.
PLUG Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Dec 25 | Dec 24 | Dec 23 |
|---|---|---|---|
| Sale Of Engineered Equipment | $6.85M | $22.09M | - |
| Services Performed On Fuel Cell Systems And Related Infrastructure | $94.46M | $52.17M | - |
| Sale Of Electrolyzers | $187.78M | $135.50M | - |
| Sale of cryogenic equipment | $95.69M | $111.51M | - |
| Power Purchase Agreements | $107.57M | $77.84M | - |
| Other Product And Services | $3.39M | $10.59M | - |
| Fuel Delivered To Customers | $133.41M | $97.88M | - |
| Sales Of Fuel Cell Systems | $54.01M | $202.63M | - |
| Sale Of Hydrogen Infrastructure | $26.75M | $69.12M | - |
| Sale Of Fuel Cell Systems And Other Infrastructure | - | $52.11M | - |
| Services performed on fuel cell systems and related infrastructure | - | - | $123.08M |
| Sale of electrolyzers | - | - | $301.32M |
| Other | - | - | $10.84M |
| Sales of fuel cell systems | - | - | $181.17M |
| Fuel delivered to customers and related equipment | - | - | $95.44M |
| Power purchase agreements | - | - | $435.97M |
| Sale of hydrogen infrastructure | - | - | $183.61M |
Fiscal year ends in Dec 25 | Currency in USD