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Plug Power Inc (PLUG)

Plug Power Inc (PLUG)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 628,810 891,340 701,440 502,340 -93,240
Sales Growth -29.45% +27.07% +39.63% +638.76% -140.50%
Net Income -2,104,700 -1,368,830 -724,010 -459,970 -596,160
Net Income Growth -53.76% -89.06% -57.40% +22.84% -597.51%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 3,602,850 4,902,740 5,764,280 5,950,080 2,251,280
Total Assets Growth -26.51% -14.95% -3.12% +164.30% +191.93%
Total Liabilities 1,795,090 2,004,610 1,704,060 1,344,380 784,360
Total Liabilities Growth -10.45% +17.64% +26.75% +71.40% +23.23%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -728,640 -1,106,570 -828,620 -358,180 -155,480
Operating Cash Flow Growth +34.15% -33.54% -131.34% -130.37% -201.79%
Net Cash Flow -128,440 -380,200 -1,582,850 1,497,910 1,264,780
Change in Net Cash Flow +66.22% +75.98% -205.67% +18.43% +387.67%
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