Plug Power Inc
NASDAQ:PLUG
Income Statement
Earnings Waterfall
Plug Power Inc
Revenue
|
891.3m
USD
|
Cost of Revenue
|
-1.4B
USD
|
Gross Profit
|
-507.8m
USD
|
Operating Expenses
|
-566.2m
USD
|
Operating Income
|
-1.1B
USD
|
Other Expenses
|
-294.8m
USD
|
Net Income
|
-1.4B
USD
|
Income Statement
Plug Power Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
27
N/A
|
26
-3%
|
36
+38%
|
51
+43%
|
64
+26%
|
68
+6%
|
75
+10%
|
86
+15%
|
103
+20%
|
109
+6%
|
106
-3%
|
92
-13%
|
86
-6%
|
86
0%
|
85
-1%
|
102
+20%
|
100
-1%
|
111
+11%
|
127
+14%
|
146
+15%
|
174
+19%
|
169
-3%
|
192
+13%
|
198
+3%
|
230
+16%
|
249
+8%
|
260
+4%
|
307
+18%
|
306
0%
|
338
+10%
|
394
+17%
|
431
+9%
|
502
+17%
|
571
+14%
|
598
+5%
|
643
+7%
|
701
+9%
|
771
+10%
|
880
+14%
|
890
+1%
|
891
+0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(38)
|
(37)
|
(45)
|
(57)
|
(69)
|
(73)
|
(78)
|
(88)
|
(113)
|
(117)
|
(114)
|
(100)
|
(82)
|
(87)
|
(89)
|
(126)
|
(128)
|
(139)
|
(154)
|
(148)
|
(200)
|
(195)
|
(205)
|
(207)
|
(219)
|
(244)
|
(266)
|
(350)
|
(376)
|
(447)
|
(544)
|
(584)
|
(674)
|
(766)
|
(785)
|
(844)
|
(896)
|
(999)
|
(1 154)
|
(1 256)
|
(1 399)
|
|
Gross Profit |
(11)
N/A
|
(11)
-1%
|
(9)
+19%
|
(6)
+31%
|
(5)
+23%
|
(5)
+4%
|
(3)
+29%
|
(2)
+35%
|
(10)
-364%
|
(8)
+23%
|
(9)
-15%
|
(8)
+3%
|
4
N/A
|
(1)
N/A
|
(5)
-559%
|
(24)
-427%
|
(28)
-15%
|
(28)
+2%
|
(26)
+4%
|
(3)
+90%
|
(26)
-923%
|
(26)
+1%
|
(13)
+50%
|
(9)
+31%
|
11
N/A
|
5
-56%
|
(6)
N/A
|
(43)
-625%
|
(70)
-63%
|
(110)
-57%
|
(150)
-37%
|
(153)
-2%
|
(171)
-12%
|
(194)
-14%
|
(187)
+4%
|
(202)
-8%
|
(194)
+4%
|
(228)
-18%
|
(274)
-20%
|
(366)
-34%
|
(508)
-39%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(19)
|
(21)
|
(24)
|
(31)
|
(36)
|
(41)
|
(46)
|
(49)
|
(52)
|
(54)
|
(55)
|
(55)
|
(57)
|
(68)
|
(72)
|
(74)
|
(76)
|
(72)
|
(72)
|
(50)
|
(50)
|
(52)
|
(53)
|
(58)
|
(58)
|
(61)
|
(69)
|
(108)
|
(506)
|
(140)
|
(182)
|
(256)
|
(334)
|
(399)
|
(445)
|
(480)
|
(515)
|
(547)
|
(568)
|
(566)
|
|
Selling, General & Administrative |
(12)
|
(13)
|
(14)
|
(17)
|
(22)
|
(26)
|
(29)
|
(33)
|
(34)
|
(35)
|
(35)
|
(36)
|
(34)
|
(35)
|
(44)
|
(45)
|
(45)
|
(44)
|
(39)
|
(38)
|
(38)
|
(39)
|
(40)
|
(42)
|
(43)
|
(45)
|
(53)
|
(60)
|
(79)
|
(97)
|
(114)
|
(139)
|
(180)
|
(235)
|
(292)
|
(336)
|
(364)
|
(387)
|
(392)
|
(412)
|
(422)
|
|
Research & Development |
(3)
|
(4)
|
(4)
|
(5)
|
(6)
|
(8)
|
(10)
|
(13)
|
(15)
|
(17)
|
(19)
|
(20)
|
(21)
|
(22)
|
(24)
|
(26)
|
(29)
|
(31)
|
(33)
|
(34)
|
(13)
|
(24)
|
(25)
|
(24)
|
(15)
|
(22)
|
(18)
|
(17)
|
(28)
|
(22)
|
(28)
|
(38)
|
(65)
|
(75)
|
(88)
|
(99)
|
(100)
|
(106)
|
(111)
|
(111)
|
(114)
|
|
Depreciation & Amortization |
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
13
|
13
|
13
|
0
|
9
|
9
|
8
|
(1)
|
(387)
|
2
|
(6)
|
(11)
|
(23)
|
(19)
|
(10)
|
(16)
|
(23)
|
(43)
|
(45)
|
(30)
|
|
Operating Income |
(29)
N/A
|
(30)
-3%
|
(30)
0%
|
(30)
-1%
|
(36)
-17%
|
(41)
-15%
|
(44)
-8%
|
(48)
-9%
|
(59)
-23%
|
(59)
-1%
|
(63)
-6%
|
(64)
-1%
|
(52)
+19%
|
(58)
-13%
|
(73)
-25%
|
(96)
-32%
|
(102)
-6%
|
(103)
-1%
|
(98)
+5%
|
(74)
+24%
|
(76)
-3%
|
(76)
+1%
|
(65)
+15%
|
(62)
+4%
|
(48)
+24%
|
(53)
-12%
|
(67)
-26%
|
(112)
-66%
|
(178)
-60%
|
(616)
-246%
|
(291)
+53%
|
(335)
-15%
|
(427)
-28%
|
(528)
-24%
|
(585)
-11%
|
(647)
-10%
|
(674)
-4%
|
(744)
-10%
|
(821)
-10%
|
(934)
-14%
|
(1 074)
-15%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(34)
|
(100)
|
(88)
|
(79)
|
(52)
|
18
|
9
|
11
|
3
|
3
|
2
|
(0)
|
(6)
|
(12)
|
(26)
|
(31)
|
(25)
|
(23)
|
(14)
|
(14)
|
(18)
|
(27)
|
(27)
|
(30)
|
(36)
|
(37)
|
(44)
|
(54)
|
(60)
|
(61)
|
(58)
|
(49)
|
(38)
|
(42)
|
(56)
|
(52)
|
(41)
|
(18)
|
7
|
2
|
(33)
|
|
Non-Reccuring Items |
0
|
0
|
1
|
(1)
|
(1)
|
(1)
|
(2)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
13
|
13
|
(388)
|
0
|
(402)
|
(402)
|
(10)
|
0
|
0
|
0
|
(6)
|
(7)
|
(17)
|
(29)
|
(269)
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
0
|
1
|
1
|
1
|
(1)
|
(2)
|
(4)
|
(9)
|
(1)
|
(5)
|
(7)
|
3
|
(0)
|
|
Pre-Tax Income |
(63)
N/A
|
(130)
-107%
|
(117)
+10%
|
(111)
+6%
|
(89)
+20%
|
(24)
+73%
|
(37)
-55%
|
(38)
-1%
|
(56)
-48%
|
(57)
-2%
|
(61)
-7%
|
(64)
-5%
|
(58)
+9%
|
(70)
-21%
|
(99)
-42%
|
(127)
-28%
|
(127)
0%
|
(126)
+1%
|
(112)
+11%
|
(88)
+21%
|
(95)
-7%
|
(103)
-9%
|
(92)
+10%
|
(93)
-1%
|
(84)
+10%
|
(90)
-8%
|
(99)
-10%
|
(153)
-54%
|
(627)
-311%
|
(677)
-8%
|
(750)
-11%
|
(784)
-5%
|
(476)
+39%
|
(572)
-20%
|
(646)
-13%
|
(708)
-10%
|
(723)
-2%
|
(774)
-7%
|
(839)
-8%
|
(958)
-14%
|
(1 376)
-44%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
3
|
6
|
8
|
9
|
6
|
3
|
2
|
0
|
0
|
17
|
24
|
31
|
31
|
13
|
7
|
16
|
17
|
16
|
15
|
(1)
|
0
|
1
|
8
|
7
|
|
Income from Continuing Operations |
(63)
|
(130)
|
(117)
|
(110)
|
(88)
|
(24)
|
(37)
|
(38)
|
(56)
|
(56)
|
(60)
|
(63)
|
(57)
|
(70)
|
(99)
|
(127)
|
(127)
|
(123)
|
(106)
|
(81)
|
(86)
|
(97)
|
(89)
|
(92)
|
(84)
|
(90)
|
(82)
|
(129)
|
(596)
|
(646)
|
(736)
|
(778)
|
(460)
|
(556)
|
(629)
|
(693)
|
(724)
|
(774)
|
(837)
|
(950)
|
(1 369)
|
|
Net Income (Common) |
(63)
N/A
|
(130)
-107%
|
(117)
+10%
|
(110)
+6%
|
(89)
+20%
|
(24)
+73%
|
(37)
-55%
|
(38)
-2%
|
(56)
-48%
|
(56)
-1%
|
(60)
-7%
|
(64)
-5%
|
(58)
+9%
|
(73)
-27%
|
(102)
-40%
|
(130)
-27%
|
(130)
0%
|
(123)
+6%
|
(106)
+14%
|
(81)
+24%
|
(86)
-6%
|
(97)
-13%
|
(89)
+8%
|
(92)
-3%
|
(86)
+7%
|
(92)
-8%
|
(83)
+9%
|
(130)
-56%
|
(596)
-357%
|
(646)
-8%
|
(736)
-14%
|
(778)
-6%
|
(460)
+41%
|
(556)
-21%
|
(629)
-13%
|
(693)
-10%
|
(724)
-4%
|
(774)
-7%
|
(837)
-8%
|
(950)
-13%
|
(1 369)
-44%
|
|
EPS (Diluted) |
-0.6
N/A
|
-0.97
-62%
|
-0.66
+32%
|
-0.65
+2%
|
-0.56
+14%
|
-0.14
+75%
|
-0.21
-50%
|
-0.21
N/A
|
-0.32
-52%
|
-0.32
N/A
|
-0.34
-6%
|
-0.35
-3%
|
-0.32
+9%
|
-0.34
-6%
|
-0.44
-29%
|
-0.57
-30%
|
-0.6
-5%
|
-0.55
+8%
|
-0.48
+13%
|
-0.37
+23%
|
-0.39
-5%
|
-0.44
-13%
|
-0.4
+9%
|
-0.38
+5%
|
-0.36
+5%
|
-0.3
+17%
|
-0.26
+13%
|
-0.35
-35%
|
-1.68
-380%
|
-1.25
+26%
|
-1.29
-3%
|
-1.35
-5%
|
-0.82
+39%
|
-0.97
-18%
|
-1.09
-12%
|
-1.2
-10%
|
-1.25
-4%
|
-1.33
-6%
|
-1.39
-5%
|
-1.6
-15%
|
-2.3
-44%
|