Cost of revenue · 2011–2025
Plug Power cost of revenue
$952M−24.1% · FY2025
Plug Power (PLUG) reported $952M in cost of revenue for fiscal 2025, −24.1% year on year.
| Fiscal year | Cost of revenue | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $952M | −24.1% | Open → |
| FY20242024-12-31 | $1.3B | −10.4% | Open → |
| FY20232023-12-31 | $1.4B | +56.2% | Open → |
| FY20222022-12-31 | $896M | +33.0% | Open → |
| FY20212021-12-31 | $674M | +79.1% | Open → |
| FY20202020-12-31 | $376M | +71.5% | Open → |
| FY20192019-12-31 | $219M | +9.5% | Open → |
| FY20182018-12-31 | $200M | +52.4% | Open → |
| FY20172017-12-31 | $131M | +60.2% | Open → |
| FY20162016-12-31 | $82.0M | −27.6% | Open → |
| FY20152015-12-31 | $113M | +63.8% | Open → |
| FY20142014-12-31 | $69.1M | +82.5% | Open → |
| FY20132013-12-31 | $37.8M | +0.5% | Open → |
| FY20122012-12-31 | $37.7M | +22.8% | Open → |
| FY20112011-12-31 | $30.7M | — | Open → |
Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +27.8%
Cost of revenue at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=Plug Power cost of revenue |url=https://companiesranked.com/en/company/plug-power/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). Plug Power cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/plug-power/cost-of-revenueBibTeX
@misc{companiesranked-en-company-plug-power-cost-of-revenue-2026,
author = {{CompaniesRanked}},
title = {{Plug Power cost of revenue}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/plug-power/cost-of-revenue}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 10-K · 0001104659-26-022286 · March 2, 2026
{{cite web |title=Plug Power cost of revenue — 10-K (0001104659-26-022286) |url=https://www.sec.gov/Archives/edgar/data/1093691/000110465926022286/plug-20251231x10k.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-02}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.