PLUG POWER INC
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $368.5M | $205.7M | $135.0M | $690.6M | $2.48B | $1.31B | $139.5M | $38.6M |
| Accounts Receivable | $134.8M | $157.2M | $243.8M | $129.5M | — | — | — | — |
| Inventory | $521.0M | $682.6M | $961.3M | $645.6M | $269.2M | $139.4M | $72.4M | $47.9M |
| Total Current Assets | $1.41B | $1.48B | $1.79B | $3.31B | $4.45B | $1.60B | $313.7M | $155.6M |
| Property, Plant & Equipment | $281.0M | $866.3M | $1.44B | $719.8M | $255.6M | $74.5M | $15.0M | — |
| Goodwill | — | $0 | $0 | $248.6M | $220.4M | $72.4M | $8.8M | $9.0M |
| Intangible Assets (Excl. Goodwill) | $29.2M | $84.7M | $188.9M | $207.7M | $158.2M | $39.3M | $5.5M | $3.9M |
| Total Assets | $2.59B | $3.60B | $4.90B | $5.76B | $5.95B | $2.25B | $659.5M | $390.3M |
| Liabilities | ||||||||
| Accounts Payable | $168.7M | $181.0M | $257.8M | $191.9M | $92.3M | $50.2M | $40.4M | $34.8M |
| Total Current Liabilities | $610.6M | $748.5M | $964.8M | $635.3M | $420.6M | $222.4M | $134.0M | $146.4M |
| Long-Term Debt | — | — | $3.9M | $9.0M | — | — | — | $133.0K |
| Total Liabilities | $1.59B | $1.80B | $2.00B | $1.70B | $1.34B | $784.4M | $528.5M | $356.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-8.23B | $-6.59B | $-4.49B | $-3.12B | $-2.40B | $-1.95B | $-1.35B | $-1.26B |
| Total Stockholders' Equity | $978.1M | $1.73B | $2.90B | $4.06B | $4.61B | $1.47B | $129.9M | $-3.6M |