
Plug Power Inc.
PLUGFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
629
Cost of Revenue
1,254
Gross Profit
-625
Gross Margin
-99.4%
Operating Income
-2,020
Operating Margin
-321.2%
Net Income
-2,105
Net Margin
-334.7%
EPS (Basic)
$-2.45
EPS (Diluted)
$-2.45
EBITDA
-1,976
EBITDA Margin
-314.3%
2023
12/31/2023
Revenue
891
Cost of Revenue
1,399
Gross Profit
-508
Gross Margin
-57.0%
Operating Income
-1,344
Operating Margin
-150.7%
Net Income
-1,369
Net Margin
-153.6%
EPS (Basic)
$-2.30
EPS (Diluted)
$-2.30
EBITDA
-1,260
EBITDA Margin
-141.4%
2022
12/31/2022
Revenue
701
Cost of Revenue
896
Gross Profit
-194
Gross Margin
-27.7%
Operating Income
-680
Operating Margin
-96.9%
Net Income
-724
Net Margin
-103.2%
EPS (Basic)
$-1.25
EPS (Diluted)
$-1.25
EBITDA
-633
EBITDA Margin
-90.2%
2021
12/31/2021
Revenue
502
Cost of Revenue
674
Gross Profit
-171
Gross Margin
-34.1%
Operating Income
-437
Operating Margin
-87.1%
Net Income
-460
Net Margin
-91.6%
EPS (Basic)
$-0.82
EPS (Diluted)
$-0.82
EBITDA
-410
EBITDA Margin
-81.5%
2020
12/31/2020
Revenue
-93
Cost of Revenue
376
Gross Profit
-469
Gross Margin
503.5%
Operating Income
-584
Operating Margin
626.6%
Net Income
-596
Net Margin
639.4%
EPS (Basic)
$-1.58
EPS (Diluted)
$-1.58
EBITDA
-551
EBITDA Margin
590.9%