The table below shows PLUG POWER INC's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$709.92M
$628.81M
$891.34M
$701.44M
$502.34M
-$93.24M
Cost of revenue
$951.96M
$1.25B
$1.40B
$895.80M
$673.65M
$376.18M
Gross profit
-$242.04M
-$624.89M
-$507.79M
-$194.36M
-$171.31M
-$469.42M
R&D
$57.96M
$77.23M
$113.75M
$99.58M
$64.76M
PLUG annual revenue (10-K history)
PLUG POWER INC reported annual revenue of $709.92M for fiscal year 2025. That is up 12.9% from $628.81M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $82.82M (FY 2016) to $709.92M. Figures come from the company's audited annual reports as filed with the SEC.
