Plug Power closed fiscal year 2025 with $2.6B in total assets, $1.6B in total liabilities and $978.1M in shareholder equity. This represents a decrease of 28.0% from the prior fiscal year. The table below carries 15 fiscal years, from 2011 to 2025, and the quarters Plug Power has filed alongside them.
Annual figures, oldest first. Point at a bar to read its period.
PLUG Balance Sheet by Fiscal Year
Figures are as reported in USD. Each change compares the year with the year before it, and each column links to the filing it was taken from.
| Metric | FY2510-K | FY2410-K | FY2310-K | FY2210-K | FY2110-K | FY2010-K | FY1910-K | FY1810-K | FY1710-K | FY1610-K | FY1510-K | FY1410-K | FY1310-K | FY1210-K | FY1110-K |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.6B-28.0% | $3.6B-26.5% | $4.9B-14.9% | $5.8B-3.1% | $6.0B+164.3% | $2.3B+241.4% | $659.5M+69.0% | $390.3M+44.1% | $270.8M+12.4% | $240.8M+15.0% | $209.5M+2.6% | $204.2M+477.4% | $35.4M-10.4% | $39.5M-29.1% | $55.7M |
| Total Liabilities | $1.6B-11.4% | $1.8B-10.5% | $2.0B+17.6% | $1.7B+26.8% | $1.3B+71.4% | $784.4M+48.4% | $528.5M+48.5% | $356.0M+81.2% | $196.5M+34.4% | $146.1M+74.9% | $83.6M+86.9% | $44.7M-12.1% | $50.9M+108.2% | $24.4M-8.2% | $26.6M |
| Total Equity | $978.1M-43.6% | $1.7B-40.2% | $2.9B-28.6% | $4.1B-11.8% | $4.6B+214.0% | $1.5B+1029.2% | $129.9M+3720.5% | -$3.6M-105.1% | $70.2M-17.5% | $85.1M-31.8% | $124.7M-21.2% | $158.3M+985.7% | -$17.9M-218.9% | $15.0M-48.2% | $29.0M |
PLUG Balance Sheet by Quarter
Figures are as reported in USD. Each change compares the quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q | Q1'2410-Q | Q4'2310-K | Q3'2310-Q |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.2B-34.6% | $2.4B-34.8% | $2.6B-28.0% | $3.1B-34.3% | $3.4B-29.8% | $3.6B-25.0% | $3.6B-26.5% | $4.7B-13.3% | $4.8B-14.4% | $4.8B-14.3% | $4.9B-14.9% | $5.5B-6.9% |
| Total Liabilities | $1.6B+1.0% | $1.6B-6.3% | $1.6B-11.4% | $1.6B-5.3% | $1.6B-11.2% | $1.7B-11.3% | $1.8B-10.5% | $1.7B-12.7% | $1.8B-2.9% | $1.9B+10.7% | $2.0B+17.6% | $1.9B+18.8% |
| Total Equity | $581.8M-65.4% | $749.8M-59.6% | $978.1M-43.6% | $1.4B-53.2% | $1.7B-43.8% | $1.9B-36.6% | $1.7B-40.2% | $3.0B-13.7% | $3.0B-20.1% | $2.9B-25.3% | $2.9B-28.6% | $3.5B-16.9% |
What total assets means
Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders.
More Plug Power financials
Frequently Asked Questions
What was Plug Power's total assets in fiscal year 2025?
Plug Power closed fiscal year 2025 with $2.6B in total assets, $1.6B in total liabilities and $978.1M in shareholder equity.
How fast is Plug Power's total assets growing?
Plug Power (PLUG) total assets fell by 28.0% year over year, from $3.6B to $2.6B in fiscal year 2025.
How has Plug Power's total assets changed over the years?
Across the 15 fiscal years this page covers, Plug Power (PLUG) total assets went from $55.7M in fiscal year 2011 to $2.6B in fiscal year 2025.
What was Plug Power's total assets in the most recent quarter?
Plug Power (PLUG) reported $2.2B in total assets in Q2 2026. This represents a decrease of 34.6% from the same quarter a year earlier.
What does total assets mean on a financial statement?
Total assets is everything the company owns on the balance sheet date, total liabilities is everything it owes, and the difference between them is the equity that belongs to shareholders. This page lists what Plug Power (PLUG) reported on that line in every period on record.