Stocklore

Plug Power Inc. (PLUG)

Utilities · US stock

What changed in recent filings

  • Sales Of Fuel Cell Systems segment 9% → 18%Jun 30, 2024 → Jun 30, 2026
  • Institutions — 2 new · 1 reduced13F · as of end of 2026 Q2

What changed in recent SEC filings — factual, not a buy/sell recommendation.

Plug Power Inc. recent earnings releases

Based on SEC filings. The release date is the day the earnings filing (8-K) was accepted; for quarters where that filing was not found, the periodic report filing date is shown.

  • 26Q2Released Aug 10, 2026
    Revenue +2.5% YoY · EPS $-0.14
    Released after the close: Aug 10 close → Aug 11 close, the stock moved +5.2% · over the same window, market -0.3% · sector +1.3%
  • 26Q1Released May 11, 2026
    Revenue +22.3% YoY · EPS $-0.18
    Released after the close: May 11 close → May 12 close, the stock moved +1.1% · over the same window, market -0.2% · sector +0.1%
  • 25Q4Released Mar 2, 2026
    Revenue +17.6% YoY · EPS $-0.69
    Released after the close: Mar 2 close → Mar 3 close, the stock moved +23.2% · over the same window, market -0.9% · sector -0.8%
  • 25Q3Released Nov 10, 2025
    Revenue +1.9% YoY · EPS $-0.31
    Released after the close: Nov 10 close → Nov 11 close, the stock moved -1.2% · over the same window, market +0.2% · sector +0.2%

The next earnings release is estimated around Nov 9, 2026 (calculated from how long this company has taken between quarter end and filing; it is not a date announced by the company).

Institutions holding Plug Power Inc.

How many of the institutions we track reported holding this stock, quarter by quarter.

max 5
2020 Q1 · 12020 Q2 · 22020 Q3 · 02020 Q4 · 22021 Q1 · 12021 Q2 · 32021 Q3 · 32021 Q4 · 42022 Q1 · 32022 Q2 · 22022 Q3 · 42022 Q4 · 22023 Q1 · 32023 Q2 · 32023 Q3 · 52023 Q4 · 02024 Q1 · 12024 Q2 · 12024 Q3 · 12024 Q4 · 12025 Q1 · 22025 Q2 · 22025 Q3 · 22025 Q4 · 32026 Q1 · 22026 Q2 · 4
20 Q123 Q126 Q2

2020 Q1: 1 → 2026 Q2: 4 institutions

Counts the 52 institutions we track that reported holding this stock — their full reported holdings, not just the largest positions. Not the total number of institutional holders in the US. Figures are as of quarter-end and disclosed up to 45 days later. Descriptive only — not investment advice.

Which institutions hold Plug Power Inc.

Institutions we track that reported holding this stock in their most recent 13F.

  • Point72 Asset Management0.01% of portfolio · since 2025 Q4
  • Coatue Management0.01% of portfolio · since 2026 Q1
  • Bridgewater AssociatesNew this quarterunder 0.01% of portfolio · since 2026 Q2
  • BlackstoneNew this quarterunder 0.01% of portfolio · since 2026 Q2

Based on 13F filings — quarter-end holdings, disclosed up to 45 days later. Holding a stock is a fact we report, not a recommendation to buy or sell.

Q2 2026 13F recap — stocks several institutions bought and sold together →

Company overview

Plug Power Inc. is an American hydrogen and fuel cell technology company focused on building end-to-end clean energy systems for industrial and commercial use. The company develops fuel cell solutions for material handling equipment, electrolyzers for on-site hydrogen production, fueling infrastructure, liquid hydrogen systems, and stationary power applications. Its products and services support logistics, warehouse operations, e-mobility, backup power, and other industrial environments where reliable low-emission energy is required. Plug Power also provides integrated offerings that combine equipment, hydrogen supply, installation, and maintenance, helping customers manage hydrogen-based operations across production, storage, delivery, and power generation. Headquartered in Latham, New York, Plug Power plays a significant role in the hydrogen market by supplying technologies that connect hydrogen production with practical applications in transportation, industry, and energy infrastructure.

What is the Utilities sector?

Power, gas, and water. A regulated industry with stable dividends.

Plug Power Inc. is classified under the Utilities sector. See peers below.

Plug Power Inc. key financials

Based on SEC filings · as of Jun 30, 2026

Tap a metric name to see its meaning in the glossary.

Plug Power Inc. vs Utilities sector benchmark

Median of 22 representative sector stocks · SEC filings · factual comparison (not advice)

Revenue growth (YoY)
10.6%vs benchmark 7.8%↑ above
Operating margin
-36.0%vs benchmark 18.4%↓ below
Net margin
-220.6%vs benchmark 11.6%↓ below
ROE
-166.8%vs benchmark 10.5%↓ below

A simple comparison to the sector benchmark. Higher or lower doesn’t mean good/bad or buy/sell.

PLUG segment revenue mix trend

Quarterly change in segment revenue share · verified from SEC filings

Jun '24Mar '25Sep '25Jun '26
Fuel Delivered To Customers And Related Equipment 22%Sales Of Fuel Cell Systems 18%Services Performed On Fuel Cell Systems And Related Infrastructure 17%Power Purchase Agreements 15%Sale Of Cryogenic Equipment 15%Other 13%

2 quarters with a different segment breakdown were omitted (filing basis changed).

ETFs holding Plug Power Inc.

Per SEC N-PORT · 2026-06-30 · by weight · factual

IWMiShares Russell 2000 ETF
0.12%
ITOTiShares Core S&P Total U.S. Stock Market ETF
0.01%
VTIVANGUARD TOTAL STOCK MARKET INDEX FUND
0.01%

PLUG on Stocklore

  • Revenue by segment — segment weights verified from SEC filings, YoY changes, growth drivers and concentration
  • Financials & earnings quality — 6 metrics (FCF conversion, ROIC, net debt, etc.) to gauge profit quality
  • 13F institutional holdings — holdings and weight changes of major institutions (45-day delay)
  • Sector-relative metrics — Valuation and growth compared with the Utilities average
See full PLUG analysis →

Peers · Utilities

PLUG FAQ

What is Plug Power Inc. (PLUG)?

Plug Power Inc. is an American hydrogen and fuel cell technology company focused on building end-to-end clean energy systems for industrial and commercial use. The company develops fuel cell solutions for material handling equipment, electrolyzers for on-site hydrogen production, fueling infrastructure, liquid hydrogen systems, and stationary power applications. Its products and services support logistics, warehouse operations, e-mobility, backup power, and other industrial environments where reliable low-emission energy is required. Plug Power also provides integrated offerings that combine equipment, hydrogen supply, installation, and maintenance, helping customers manage hydrogen-based operations across production, storage, delivery, and power generation. Headquartered in Latham, New York, Plug Power plays a significant role in the hydrogen market by supplying technologies that connect hydrogen production with practical applications in transportation, industry, and energy infrastructure.

What sector is Plug Power Inc. in?

Plug Power Inc. is classified under Utilities. Power, gas, and water. A regulated industry with stable dividends.

What are Plug Power Inc.'s key financials?

As of Jun 30, 2026 in SEC filings: Revenue growth (YoY) 10.6%, Operating margin -36.0%, Net margin -220.6%, ROE -166.8%. Definitions and interpretation are available on Stocklore.

Where can I analyze Plug Power Inc. (PLUG) stock?

On Stocklore you can see PLUG's financials & earnings quality, 13F institutional holdings, and sector-relative metrics in one place. This page is for information and tools — not a buy/sell recommendation.

Data sources: SEC EDGAR (financials & filings), 13F (institutional holdings, as of quarter-end), market data. This page is for information and analysis tools — it does not recommend buying or selling any security. Investment decisions and responsibility are your own.

Not an investment adviser and not personalized investment advice; not a discretionary management service. No trade recommendations, no target prices, no execution or brokerage. We do not recommend or guarantee any purchase, sale, or returns. Investment decisions and their outcomes are your own.

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