PLUG PLUG POWER INC

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business model: Vertically integrated clean hydrogen solutions including production, storage, delivery, fuel cells, and electrolyzers serving material handling, logistics, stationary power
• • New emphasis: Commissioned liquid hydrogen production plant in St. Gabriel, Louisiana in April 2025; expanding electrolyzer gigafactory capabilities and modular 5MW/10MW electrolyzers targeting gigawatt-scale
• • Strategic shift: Expanding geographic hydrogen production network notably into Europe and Australia; divested 49% stake in SK Plug Hyverse joint venture for $6.5 million cash
• • Quantitative highlight: Over 74,000 fuel cell systems deployed; orders totaled $724.1 million as of year-end 2025; Walmart accounted for 24.2% of revenues including a $29.2 million warrant charge
• • Noteworthy fact: Joint ventures in North America (Hidrogenii) and Europe (AccionaPlug) accelerating hydrogen infrastructure; supply chain and labor challenges impacting costs and operational efficiency

Risk Factors

• • Regulatory risk: potential delays or changes in permitting and green certification for hydrogen production facilities impacting operations and expansion
• • Geopolitical/macroeconomic risk: inflationary pressures and higher interest rates increasing costs of raw materials, labor, and transportation, squeezing margins
• • Operational/supply chain risk: reliance on limited suppliers for platinum, titanium, and iridium; shortages caused volume constraints and delayed deployments
• • Competitive risk: competition from established energy firms and alternative technologies such as advanced batteries and non-hydrogen power solutions
• • Financial risk: customer concentration risk with a few large customers whose order reductions or financial distress could materially affect revenue and cash flow

Management Discussion & Analysis

• • Revenue $709.9M in 2025, up 13% YoY from $628.8M in 2024, driven by services (+81.1%) and power purchase agreements (+38.2%)
• • Gross margin (loss) improved to -34.1% in 2025 from -99.4% in 2024, largest margin improvement in services segment (25.5% vs -10.7%)
• • Best performing segment: Services performed on fuel cell systems with $94.5M revenue and 25.5% gross margin; worst: Fuel delivered to customers with $133.4M revenue and -85.9% margin
• • Operating cash flow deficit improved to -$535.8M in 2025 from -$728.6M in 2024; investing cash use $139M down from $402.4M; financing cash inflow $630M down from $983.2M
• • Management pursuing liquidity via infrastructure sale ($132.5-$142M expected proceeds) and equity programs; risks include supply chain constraints, inflation, and labor shortages impacting costs and margins

What are the latest PLUG SEC filings in 2026?

PLUG POWER INC (PLUG) has filed a 10-K annual report on March 2, 2026, a 10-Q quarterly report on May 11, 2026, an 8-K current report on July 13, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did PLUG file its most recent 10-K annual report?

PLUG POWER INC (PLUG) filed its most recent 10-K annual report on March 2, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view PLUG 10-Q quarterly reports?

PLUG POWER INC (PLUG)'s most recent 10-Q quarterly report was filed on May 11, 2026. SignalX displays every PLUG 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has PLUG filed recently?

PLUG POWER INC (PLUG)'s most recent 8-K was filed on July 13, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find PLUG insider trading activity (Form 4)?

SignalX aggregates every PLUG Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does PLUG file with the SEC?

PLUG POWER INC (PLUG) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new PLUG filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for PLUG POWER INC (PLUG).

What is PLUG's SEC CIK number?

PLUG POWER INC (PLUG)'s SEC CIK (Central Index Key) number is 1093691. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1093691 to look up all PLUG filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find PLUG return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from PLUG POWER INC (PLUG) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.