Revenue Breakdown
Composition ()
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Revenue Streams
Plug Power Inc (PLUG) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Sales of electolyzers, accounting for 36.9% of total sales, equivalent to $65.41M. Other significant revenue streams include Fuel delivered to customers and Power Purchase Agreements. Understanding this composition is critical for investors evaluating how PLUG navigates market cycles within the Renewable Energy Equipment & Services industry.
Profitability & Margins
Evaluating the bottom line, Plug Power Inc maintains a gross margin of -70.32%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -139.43%, while the net margin is -205.31%. These profitability ratios, combined with a Return on Equity (ROE) of -95.41%, provide a clear picture of how effectively PLUG converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, PLUG competes directly with industry leaders such as VSH and PLAB. With a market capitalization of $2.49B, it holds a significant position in the sector. When comparing efficiency, PLUG's gross margin of -70.32% stands against VSH's 19.58% and PLAB's 35.01%. Such benchmarking helps identify whether Plug Power Inc is trading at a premium or discount relative to its financial performance.
