Makes fuel cells that power forklifts and other material handling vehicles.
Jun 2026Revenue $744M/yrExpenses $2.03B/yr
No trendCash runway ≈ 4 months from Jun 2026
Figures by year
When will Plug Power be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $744M and expenses $2.03B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $710M | $2.18B | −$1.47B |
| Dec 2024 | $629M | $2.65B | −$2.02B |
| Dec 2023 | $891M | $2.23B | −$1.34B |
| Dec 2022 | $701M | $1.38B | −$680M |
| Dec 2021 | $502M | $940M | −$437M |
| Dec 2020 | −$93.2M | $491M | −$584M |
| Dec 2019 | $230M | $278M | −$47.6M |
| Dec 2018 | $174M | $251M | −$76.4M |
| Dec 2017 | $100M | $202M | −$102M |
| Dec 2016 | $82.8M | $134M | −$51.5M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.