Revenue segments as reported by the company.

Sales of fuel cell systems and related infrastructure

Services performed on fuel cell systems and related infrastructure

Power Purchase Agreements

Fuel delivered to customers

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Change in fair value of contingent consideration

Impairment of long lived assets

Restructuring

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Plug Power

Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. Its fuel cell system solution is designed to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some distribution and manufacturing businesses. The company was founded by George C. McNamee and Larry G. Garberding on June 27, 1997, and is headquartered in Latham, NY.

Earnings data Q1 2021

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Earnings data Q1 2023

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Plug Power addresses Q4 challenges, eyes hydrogen economy growth

Plug Power navigated challenges in Q4 2022 but remains focused on strategic growth initiatives in the hydrogen economy and green hydrogen production.
The company's strong financial position, revenue targets, and operational improvements signal a positive outlook for 2023 despite short-term setbacks.
Addressing production challenges, managing costs, and seizing growth opportunities will be key focus areas for Plug Power in the coming year.
With a clear strategy for revenue diversification and margin improvement, Plug Power is poised for growth and operational efficiency in 2023.

Plug Power excels in Q1 with revenue goals and hydrogen focus

Plug Power's Q1 performance showcased strong execution, revenue goals, and government policy alignment. The company's focus on hydrogen production, engagement in hydrogen hubs, and competitive advantage in winning contracts position it well for future growth.

Plug Power reports strong Q2 performance, eyes green hydrogen opportunities

Plug Power's Q2 performance reflects strong revenue growth and margin improvement driven by strategic initiatives and government support.
While facing challenges in interconnection and margin profiles, the company is well-positioned to capitalize on opportunities in green hydrogen production and financing.
With a focus on scalability, product innovation, and strategic investments, Plug Power aims to maintain growth momentum and enhance profitability.
The company's commitment to expanding its market presence, optimizing margins, and navigating challenges underscores a resilient and forward-looking approach.

Plug Power addresses Q3 challenges, eyes revenue diversification for growth

Plug Power navigated challenges in Q3 due to hydrogen availability issues but is strategically positioned for growth with revenue diversification and operational improvements. The company's focus on stabilizing operations, pursuing funding initiatives, and enhancing hydrogen availability underscores a commitment to driving revenue growth and margin improvement. Opportunities in revenue growth, electrolyzer business expansion, and green hydrogen plant monetization signal a positive outlook for Plug Power's future performance.

Plug Power reports Q4 sales beat, eyes growth in hydrogen

Plug Power is navigating challenges in the hydrogen fuel market while focusing on reducing cash burn, achieving positive cash flow, and optimizing operations.
The company's strategic shift towards capitalizing on existing investments and cost-cutting measures sets the stage for revenue growth and margin improvement in 2024.
With a strong emphasis on fortifying the financial foundation and operational efficiency, Plug Power aims to sustain expansion and advance in the hydrogen economy.

Plug Power reports progress and challenges, eyes hydrogen dominance

Plug Power's Q1 2024 performance showed progress in scaling operations and facing challenges in equipment margins.
Strengths lie in strategic vision, extended partnerships, and anticipation of hydrogen business growth.
Challenges include operating costs and market dynamics, while opportunities exist in customer expansion and electrolyzer dominance.
Overall, Plug Power aims for significant growth supported by operational excellence and market demand.

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Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Change in stock

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Free cash flow

Plug Power, Inc. provides alternative energy technology, which focuses on the design, development, commercialization, and manufacture of hydrogen and fuel cell systems used primarily for the material handling and stationary power markets. Its fuel cell system solution is designed to replace lead-acid batteries in electric material handling vehicles and industrial trucks for some distribution and manufacturing businesses. The company was founded by George C. McNamee and Larry G. Garberding on June 27, 1997, and is headquartered in Slingerlands, NY.

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Synaptics Inc.'s SYNA, -0.16% stock surged 14% after the semiconductor company reported quarterly results that topped analyst revenue and earnings estimates.

Lions Gate shares rise on surprise profit, Plug Power stock plunges on supply warning and more moving stocks

Plug Power stock tumbled after it issued a warning over its financial position. The hydrogen-technology company looks to be in dire need of a government tax credit and a potential loan to turn its fortunes round.

Plug Power Crashes. The Hydrogen Company Needs a Hand From Government.

Plug Power (NASDAQ:PLUG) shares crashed by a quarter as the hydrogen supplier warned a shortage of the gas was severely constraining its activity. Multiple and frequent ‘force majeure' events had delayed Plug's deployments and service margin improvements, it said, though it added it expected this to be a transitory problem.

Plug Power down by a quarter as hydrogen shortage bites

Plug Power Inc. (NASDAQ:PLUG ) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Teal Hoyos - Senior Director of Marketing and Communications Andrew Marsh - CEO Paul Middleton - CFO Sanjay Shrestha - Chief Strategy Officer Conference Call Participants Colin Rusch - Oppenheimer Manav Gupta - UBS William Peterson - JP Morgan Chris Dendrinos - RBC Capital Markets Jordan Levy - Truist Securities George Gianarikas - Canaccord Genuity Eric Stine - Craig-Hallum Ameet Thakker - BMO Capital Sherif Elmaghrabi - BTIG Vikram Bagri - Citi Martin Malloy - Johnson Rice Operator Greetings, and welcome to the Plug Power Third Quarter Earnings Call. At this time, all participants are in a listen-only mode.

Plug Power Inc. (PLUG) Q3 2023 Earnings Call Transcript

Although the revenue and EPS for Plug Power (PLUG) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Plug Power (PLUG) Q3 Earnings: A Look at Key Metrics

Plug Power (NASDAQ: PLUG ), a prominent player in the hydrogen fuel cell industry, saw shares plummet 13% on Nov. 9 following its Q3 earnings release. Company revenues came in at $199 million, or 12.8% below below Wall Street's expectations of $228.18 million.

Plug Power (PLUG) Stock Plummets 13% After Q3 Earnings. Here's Why.

Shares of Plug Power Inc. dropped more than 12% in the after-hours session Thursday after a wider loss and a revenue miss for the fuel-cell company, which said it faced “unprecedented supply challenges.”

Plug Power's stock plunges 12% as company sees ‘unprecedented supply challenges'

LATHAM, N.Y., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, has announced its 2023 third quarter results. The quarterly shareholder letter has been posted at https://www.ir.plugpower.com/Q323Plug

Plug Power Announces 2023 Third Quarter Results

Plug Power, Inc PLUG is set to print its third-quarter (Q3) earnings after the markets close Thursday. The stock was trading near flat heading into the event.

Trading Strategies For Plug Power Before And After Q3 Earnings - Plug Power (NASDAQ:PLUG)

Bloom Energy

New Linde PLC

With lithium and its ability to undergird the electric vehicle market dominating business headlines throughout the post-pandemic new normal, it's easy to overlook the case for high-potential hydrogen stocks. However, for contrarians willing to stick their neck out in this risky sector, there may also be intense value to be unlocked.

3 High-Potential Hydrogen Stocks to Watch Now

Plug Power stock has failed to gain momentum in the market despite stellar revenue growth in recent quarters. The company's inability to convert revenue into earnings has been a major factor in its poor stock market performance. Plug Power's aggressive investments in manufacturing capacity and hydrogen production plants may negatively impact short-term financial performance.

Plug Power Stock: Upgrading Ahead Of Earnings

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ChargePoint and Plug Power are growing sales rapidly, but profitability is still in the distance.

Best Stocks to Buy: ChargePoint Stock vs. Plug Power Stock

Plug Power foresees exponential growth in sales in the coming years. It also expects gross margins to improve substantially going forward as it starts green hydrogen production.

Why Plug Power Stock Plunged 22.5% in October but Could Rebound

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With the world going green, hydrogen stocks will get explosive. We already know Goldman Sachs and Bank of America believe hydrogen could be an $11 trillion market.

November Buy Alert: 3 Hydrogen Stocks Nearing Super Attractive Entry Points

Amid the world's transition to cleaner energy sources, hydrogen stocks have had a resurgence in interest lately. This resurgence is despite a fall in the S&P 500 amid earnings season over the last couple of weeks, creating fresh opportunities to buy them cheaply.

Multi-Bagger Returns: 3 Top Hydrogen Stocks to Buy Now

An expanding customer base and an increase in the number of sites with fuel contracts are expected to buoy Plug Power's (PLUG) Q3 results. However, cost inflation may hurt results.

Plug Power (PLUG) to Report Q3 Earnings: What to Expect?

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Sunnova Energy International Inc

The Fed paused its rate hikes yesterday and indicated the pause may last a while. Renewable energy projects often rely on financing to be built and higher rates have hurt demand.

Why Renewable Energy Stocks Jumped Today

Shares of Plug Power (NASDAQ: PLUG ) continue to get hit hard in today's session, with PLUG stock losing around 4% as of 3:00 p.m. EST. This move comes as the company announces its plans to release its third-quarter earnings on Nov. 9.

Dear PLUG Stock Fans, Mark Your Calendars for Nov. 9

Cummins

A lack of price competition has prevented hydrogen energy from garnering investment attention, unlike solar and wind projects have enjoyed. While the Biden Administration did pass the Inflation Reduction Act in 2022, which provides tax incentives and subsidies to clean energy projects, hydrogen stocks haven't done so well in 2023.

3 Hydrogen Stocks to Buy Now OR Regret Later

Hydrogen stocks to check out in the stock market today.

3 Hydrogen Stocks To Watch Before November 2023

Hydrogen energy is still trying to find its space within the world's energy grid. Unfortunately, relatively higher costs have prevented hydrogen energy from receiving as much investment as solar and wind projects.

Fueling Up for Growth: Top 3 Hydrogen Stocks to Invest Now

Kinross Gold

Transocean

The new year will begin with revised targets and resolutions. Of course, we are still months away from 2024, but portfolio targets need earlier planning.

3 Under-$10 Stocks That Can Double Next Year

As the S&P 500 and broader markets enter unfamiliar territory, the best hydrogen stocks to buy in October have emerged. You can snap up these stocks at relative bargains down from their highs near the middle and start of the year.

The 3 Best Hydrogen Stocks To Buy Now: October 2023

Past revenue growth hasn't added anything to the bottom line. Investors should watch for a change there first.

Plug Power Says It Can Grow Sales 1,567% by 2030: Time to Buy?

Plug Power (NASDAQ: PLUG ) plans to create huge amounts of green hydrogen that will be used to power everything from the e-commerce warehouses of Amazon (NASDAQ: AMZN ), and Walmart (NYSE: WMT ), to planes and trucks. What's more, PLUG stock is becoming a major seller of the equipment that's used to make green hydrogen, and it is very well-positioned to benefit from the integration of hydrogen into the economies of America, South Korea, and Europe.

News for Plug Power Stock (PLUG)