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Plug Power Inc (PLUG)
:PLUG
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Plug Power (PLUG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Feb 26, 2026
TBA (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.11
Last Year’s EPS
-1.48
Same Quarter Last Year
Based on 16 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 10, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call reflected strong revenue growth and strategic initiatives that improved liquidity and operational efficiency. However, there were some challenges with a noncash charge and plant issues affecting the fuel business. Despite these challenges, the overall sentiment leans towards positive due to significant growth and strategic positioning.
Company Guidance
In the Plug Power Third Quarter 2025 Earnings Conference Call, CEO Andy Marsh highlighted the company's strong financial performance, reporting $177 million in revenue with significant contributions from the GenEco electrolyzer business, which generated $65 million, representing a 46% sequential and 13% year-over-year increase. The company has improved operational cash burn by over 50% from the previous quarter, driven by better pricing and tighter working capital management. Plug Power is actively working on more than 230 megawatts of GenEco electrolyzer programs globally and has delivered its first 10-megawatt electrolyzer in Portugal. The Georgia green hydrogen plant achieved 324 tons of production with 97% uptime and 92.8% efficiency. A strategic initiative to monetize electricity rights is expected to generate over $275 million in liquidity. Looking forward, the company is targeting a record year in its electrolyzer business with around $200 million in expected sales and is on track to achieve gross margin neutrality by year-end, aiming for EBITDA positivity in the second half of 2026.
Revenue Growth
Plug Power Inc. reported $177 million in revenue for the quarter, with GenEco electrolyzer business generating about $65 million, up 46% sequentially and 13% year over year.
Operational Improvements
Operational cash burn improved by more than 50% from the prior quarter, driven by pricing discipline, better execution, and tighter working capital management.
Strategic Initiatives
Announced a strategic initiative expected to generate more than $275 million in liquidity through asset monetization and the release of restricted cash.
Electrolyzer Business Growth
Delivered $124 million in revenue year to date for the GenEco electrolyzer business, up 33% year over year, with around $200 million expected in sales for the year.
Leadership Transition
Jose Luis Crespo to become Chief Executive Officer on March 1, 2026, ensuring continuity in strategy focused on growth, profitability, and disciplined execution.

Plug Power (PLUG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

PLUG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Feb 26, 2026
2025 (Q4)
-0.11 / -
-1.48
Nov 10, 2025
2025 (Q3)
-0.12 / -0.31
-0.25-24.00% (-0.06)
Aug 11, 2025
2025 (Q2)
-0.15 / -0.20
-0.3644.44% (+0.16)
May 12, 2025
2025 (Q1)
-0.19 / -0.21
-0.4654.35% (+0.25)
Mar 03, 2025
2024 (Q4)
-0.23 / -1.48
-1.08-37.04% (-0.40)
Nov 12, 2024
2024 (Q3)
-0.24 / -0.25
-0.4746.81% (+0.22)
Aug 08, 2024
2024 (Q2)
-0.31 / -0.36
-0.410.00% (+0.04)
May 09, 2024
2024 (Q1)
-0.33 / -0.46
-0.35-31.43% (-0.11)
Mar 01, 2024
2023 (Q4)
-0.37 / -1.08
-0.38-184.21% (-0.70)
Nov 09, 2023
2023 (Q3)
-0.30 / -0.47
-0.3-56.67% (-0.17)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

PLUG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 10, 2025
$2.56$2.53-1.17%
Aug 11, 2025
$1.58$1.54-2.53%
May 12, 2025
$0.90$0.81-10.00%
Mar 03, 2025
$1.61$1.50-6.83%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Plug Power Inc (PLUG) report earnings?
Plug Power Inc (PLUG) is schdueled to report earning on Feb 26, 2026, TBA (Confirmed).
    What is Plug Power Inc (PLUG) earnings time?
    Plug Power Inc (PLUG) earnings time is at Feb 26, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is PLUG EPS forecast?
          PLUG EPS forecast for the fiscal quarter 2025 (Q4) is -0.11.

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