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PLUG (Plug Power) Revenue : $659.5 Mil (TTM As of Sep. 2024)


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What is Plug Power Revenue?

Plug Power's revenue for the three months ended in Sep. 2024 was $173.7 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $659.5 Mil. Plug Power's Revenue per Share for the three months ended in Sep. 2024 was $0.20. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $0.95.

Warning Sign:

Plug Power Inc revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Plug Power was -36.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Plug Power's highest 3-Year average Revenue per Share Growth Rate was 28.30% per year. The lowest was -38.30% per year. And the median was -5.50% per year.


Plug Power Revenue Historical Data

The historical data trend for Plug Power's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Plug Power Revenue Chart

Plug Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 229.98 -93.24 502.34 701.44 891.34

Plug Power Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 198.71 222.16 120.26 143.35 173.73

Competitive Comparison of Plug Power's Revenue

For the Electrical Equipment & Parts subindustry, Plug Power's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Plug Power's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Plug Power's Revenue distribution charts can be found below:

* The bar in red indicates where Plug Power's Revenue falls into.



Plug Power Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $659.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Plug Power  (NAS:PLUG) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Plug Power Revenue Related Terms

Thank you for viewing the detailed overview of Plug Power's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Plug Power Business Description

Address
968 Albany Shaker Road, Latham, NY, USA, 12110
Plug Power is building an end-to-end green hydrogen ecosystem-from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
Executives
George C Mcnamee director, officer: Chairman of the Board FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990
Jose Luis Crespo officer: GM, MATL Handling, Key Accts C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Mark J Bonney director 2711 N. HASKELL AVENUE, SUITE 2300, DALLAS TX 74204
Patrick Joggerst director C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERSBURG MD 20878
David Mindnich officer: EVP, Global Manufacturing C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Keith Schmidt officer: GM New Mkts & Pres New Prd Dv C/O CHELSEA THERAPEUTICS, INC., 13950 BALLANTYNE CORPORATE PL, UNIT 325, CHARLOTTE NC 28277
Jean A Bua director
Kavita Mahtani director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Dirk Ole Hoefelmann officer: GM, Electrolyzer Solutions C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Sanjay K Shrestha officer: Chief Strategy Officer 968 ALBANY SHAKER RD, LATHAM NY 12110
Kyungyeol Song director C/O GROVE ENERGY CAPITAL LLC, 55 EAST 59TH ST. 11TH FL., NEW YORK NY 10022
Kim Harriman director C/O PLUG POWER INC., 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Andrew Marsh director, officer: President & CEO 968 ALBANY SHAKER ROAD, LATHAM NY 12110
Jonathan M Silver director 3027 N STREET NW, WASHINGTON DC 20007
Conway Gerard L Jr officer: General Counsel 968 ALBANY-SHAKER ROAD, LATHAM NY 12110