Short answer
PLUG POWER INC (PLUG) filed its Q1 2026 10-Q quarterly report on May 11, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $164M (up 22.3% year over year) with net income of −$245M.
Q1 2026 key financials · XBRL
- Revenue
- $164M
- +22.3% YoY
- Net income
- −$245M
- −24.7% YoY
- Operating margin
- -67.0%
- EPS (diluted)
- −$0.18
- +14.3% YoY
Source: XBRL data from the PLUG POWER INC (PLUG) Q1 2026 10-Q on SEC EDGAR. USD.
PLUG POWER INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $163.5M, up from $133.7M YoY
- Gross margin (13.2%) vs (55.3%) YoY
- Electrolyzer revenue increased $31.7M, with 37 megawatt equivalent units sold
- Headwinds: operating losses, negative cash flows, financing needs, supply-chain constraints, tariffs, and hydrogen adoption delays
Risk Factors
- New supply-chain risk triggered by Strait of Hormuz disruptions, delaying deliveries and increasing freight, insurance, and security costs
- Revenue-recognition risk from delayed commissioning and installation, potentially deferring customer revenue and cash collections
- Operational risk from alternative routing, including overland transport and port rerouting, extending delivery timelines
- Customer-retention risk from prolonged shipping disruptions causing order cancellations, reduced demand, or relationship damage
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other PLUG POWER INC quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.