Plug Power Inc.

PLUG

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
629
Cost of Revenue
1,254
Gross Profit
-625
Gross Margin
-99.4%
Operating Income
-2,020
Operating Margin
-321.2%
Net Income
-2,105
Net Margin
-334.7%
EPS (Basic)
$-2.45
EPS (Diluted)
$-2.45
EBITDA
-1,976
EBITDA Margin
-314.3%

2023

12/31/2023

Revenue
891
Cost of Revenue
1,399
Gross Profit
-508
Gross Margin
-57.0%
Operating Income
-1,344
Operating Margin
-150.7%
Net Income
-1,369
Net Margin
-153.6%
EPS (Basic)
$-2.30
EPS (Diluted)
$-2.30
EBITDA
-1,260
EBITDA Margin
-141.4%

2022

12/31/2022

Revenue
701
Cost of Revenue
896
Gross Profit
-194
Gross Margin
-27.7%
Operating Income
-680
Operating Margin
-96.9%
Net Income
-724
Net Margin
-103.2%
EPS (Basic)
$-1.25
EPS (Diluted)
$-1.25
EBITDA
-633
EBITDA Margin
-90.2%

2021

12/31/2021

Revenue
502
Cost of Revenue
674
Gross Profit
-99
Gross Margin
-19.8%
Operating Income
-437
Operating Margin
-87.1%
Net Income
-460
Net Margin
-91.6%
EPS (Basic)
$-0.82
EPS (Diluted)
$-0.82
EBITDA
-410
EBITDA Margin
-81.5%

2020

12/31/2020

Revenue
-100
Cost of Revenue
376
Gross Profit
-70
Gross Margin
69.4%
Operating Income
-177
Operating Margin
176.1%
Net Income
-596
Net Margin
593.4%
EPS (Basic)
$-1.68
EPS (Diluted)
$-1.68
EBITDA
-551
EBITDA Margin
548.4%