Total Debt
$1.01B
Net Debt
$787M
Plug Power Inc. currently has $1.01B in total debt. Net debt is $787M after cash offsets.
Financial Fundamentals
PLUG • Quarterly Data • 5Y View
| Date | Total Debt ($B) | Cash & Inv. ($B) | Net Debt ($B) | Total Assets | Debt/Assets |
|---|---|---|---|---|---|
| 2026-03-31 | 1.01 | 0.22 | 0.79 | 2.37 | 42.7% |
| 2025-12-31 | 1.00 | 0.56 | 0.44 | 2.59 | 38.4% |
| 2025-09-30 | 0.99 | 0.17 | 0.83 | 3.10 | 31.9% |
| 2025-06-30 | 0.99 | 0.14 | 0.85 | 3.35 | 29.6% |
| 2025-03-31 | 0.99 | 0.30 | 0.69 | 3.63 | 27.2% |
| 2024-12-31 | 1.08 | 0.21 | 0.87 | 3.60 | 29.9% |
| 2024-09-30 | 0.93 | 0.09 | 0.83 | 4.72 | 19.7% |
| 2024-06-30 | 0.92 | 0.06 | 0.85 | 4.78 | 19.2% |
| 2024-03-31 | 0.95 | 0.17 | 0.78 | 4.85 | 19.6% |
| 2023-12-31 | 1.13 | 0.14 | 0.99 | 4.90 | 23.0% |
| 2023-09-30 | 0.97 | 0.57 | 0.41 | 5.45 | 17.8% |
| 2023-06-30 | 0.97 | 1.08 | -0.11Net Cash | 5.58 | 17.4% |
| 2023-03-31 | 0.92 | 1.64 | -0.72Net Cash | 5.65 | 16.3% |
| 2022-12-31 | 0.90 | 2.16 | -1.26Net Cash | 5.76 | 15.6% |
| 2022-09-30 | 0.90 | 2.70 | -1.80Net Cash | 5.86 | 15.3% |
| 2022-06-30 | 0.82 | 3.11 | -2.28Net Cash | 5.73 | 14.3% |
| 2022-03-31 | 0.82 | 3.44 | -2.62Net Cash | 5.80 | 14.1% |
| 2021-12-31 | 0.81 | 3.87 | -3.06Net Cash | 5.95 | 13.6% |
| 2021-09-30 | 0.73 | 4.27 | -3.54Net Cash | 5.74 | 12.7% |
| 2021-06-30 | 0.71 | 4.52 | -3.82Net Cash | 5.79 | 12.2% |
| 2021-03-31 | 0.67 | 4.75 | -4.09Net Cash | 5.79 | 11.6% |
| 2020-12-31 | 0.56 | 0.45 | 0.11 | 1.36 | 41.3% |
| 2020-09-30 | 0.58 | 0.45 | 0.13 | 1.50 | 38.6% |
| 2020-06-30 | 0.54 | 0.15 | 0.39 | 1.03 | 52.8% |
| 2020-03-31 | 0.54 | 0.07 | 0.47 | 0.75 | 72.7% |
| 2019-12-31 | 0.53 | 0.15 | 0.37 | 0.90 | 58.6% |
| 2019-09-30 | 0.45 | 0.04 | 0.41 | 0.56 | 81.5% |
| 2019-06-30 | 0.35 | 0.02 | 0.33 | 0.46 | 77.6% |
| 2019-03-31 | 0.29 | 0.04 | 0.25 | 0.40 | 72.0% |
| 2018-12-31 | 0.27 | 0.04 | 0.23 | 0.39 | 69.8% |
| 2018-09-30 | 0.22 | 0.01 | 0.20 | 0.32 | 68.2% |
| 2018-06-30 | 0.16 | 0.02 | 0.15 | 0.28 | 58.2% |
| 2018-03-31 | 0.16 | 0.05 | 0.11 | 0.30 | 53.3% |
| 2017-12-31 | 0.10 | 0.02 | 0.08 | 0.27 | 38.3% |
| 2017-09-30 | 0.10 | 0.01 | 0.09 | 0.28 | 36.1% |
| 2017-06-30 | 0.07 | 0.00 | 0.07 | 0.23 | 29.4% |
| 2017-03-31 | 0.07 | 0.01 | 0.06 | 0.21 | 33.5% |
| 2016-12-31 | 0.07 | 0.05 | 0.02 | 0.24 | 28.4% |
| 2016-09-30 | 0.07 | 0.04 | 0.03 | 0.22 | 30.9% |
| 2016-06-30 | 0.06 | 0.07 | -0.00Net Cash | 0.23 | 27.6% |
| 2016-03-31 | 0.04 | 0.07 | -0.03Net Cash | 0.22 | 18.4% |
| 2015-12-31 | 0.01 | 0.06 | -0.05Net Cash | 0.21 | 7.1% |
| 2015-09-30 | 0.01 | 0.09 | -0.08Net Cash | 0.20 | 4.7% |
| 2015-06-30 | 0.00 | 0.11 | -0.11Net Cash | 0.18 | 1.4% |
| 2015-03-31 | 0.00 | 0.13 | -0.13Net Cash | 0.19 | 1.5% |
| 2014-12-31 | 0.00 | 0.15 | -0.14Net Cash | 0.21 | 1.5% |
| 2014-09-30 | 0.00 | 0.16 | -0.15Net Cash | 0.21 | 1.5% |
| 2014-06-30 | 0.00 | 0.17 | -0.17Net Cash | 0.22 | 1.5% |
| 2014-03-31 | 0.00 | 0.06 | -0.06Net Cash | 0.10 | 3.8% |
| 2013-12-31 | 0.00 | 0.01 | -0.00Net Cash | 0.04 | 10.7% |
| 2013-09-30 | 0.00 | 0.01 | -0.01Net Cash | 0.04 | 9.9% |
| 2013-06-30 | 0.00 | 0.01 | -0.00Net Cash | 0.04 | 11.4% |
| 2013-03-31 | 0.00 | 0.00 | -0.00Net Cash | 0.04 | 11.7% |
| 2012-12-31 | 0.01 | 0.01 | -0.00Net Cash | 0.04 | 13.5% |
| 2012-09-30 | 0.00 | 0.01 | -0.01Net Cash | 0.05 | 2.2% |
| 2012-06-30 | 0.00 | 0.02 | -0.02Net Cash | 0.05 | 0.0% |
| 2012-03-31 | 0.00 | 0.02 | -0.02Net Cash | 0.06 | 0.0% |
| 2011-12-31 | 0.01 | 0.01 | -0.01Net Cash | 0.06 | 9.7% |
| 2011-09-30 | 0.00 | 0.02 | -0.02Net Cash | 0.05 | 0.0% |
| 2011-06-30 | 0.00 | 0.03 | -0.03Net Cash | 0.06 | 0.0% |
| 2011-03-31 | 0.00 | 0.01 | -0.01Net Cash | 0.05 | 0.0% |
| 2010-12-31 | 0.00 | 0.02 | -0.02Net Cash | 0.06 | 0.0% |
| 2010-09-30 | 0.00 | 0.02 | -0.02Net Cash | 0.07 | 1.9% |
| 2010-06-30 | 0.03 | 0.06 | -0.03Net Cash | 0.11 | 25.5% |
| 2010-03-31 | 0.05 | 0.10 | -0.05Net Cash | 0.14 | 36.6% |
| 2009-12-31 | 0.06 | 0.12 | -0.06Net Cash | 0.16 | 37.1% |
| 2009-09-30 | 0.06 | 0.12 | -0.06Net Cash | 0.17 | 35.4% |
| 2009-06-30 | 0.06 | 0.14 | -0.07Net Cash | 0.18 | 34.8% |
| 2009-03-31 | 0.06 | 0.14 | -0.08Net Cash | 0.20 | 33.1% |
| 2008-12-31 | 0.06 | 0.16 | -0.09Net Cash | 0.21 | 30.1% |
| 2008-09-30 | 0.00 | 0.12 | -0.12Net Cash | 0.21 | 0.0% |
| 2008-06-30 | 0.00 | 0.13 | -0.13Net Cash | 0.23 | 0.0% |
| 2008-03-31 | 0.00 | 0.15 | -0.15Net Cash | 0.25 | 0.0% |
| 2007-12-31 | 0.00 | 0.17 | -0.17Net Cash | 0.27 | 0.0% |
| 2007-09-30 | 0.00 | 0.18 | -0.18Net Cash | 0.28 | 0.0% |
| 2007-06-30 | 0.00 | 0.19 | -0.19Net Cash | 0.29 | 0.0% |
| 2007-03-31 | 0.00 | 0.25 | -0.25Net Cash | 0.29 | 0.0% |
| 2006-12-31 | 0.00 | 0.27 | -0.27Net Cash | 0.31 | 0.0% |
| 2006-09-30 | 0.00 | 0.28 | -0.27Net Cash | 0.32 | 1.2% |
| 2006-06-30 | 0.00 | 0.29 | -0.29Net Cash | 0.33 | 1.2% |
| 2006-03-31 | 0.00 | 0.09 | -0.08Net Cash | 0.13 | 3.2% |
| 2005-12-31 | 0.00 | 0.10 | -0.09Net Cash | 0.14 | 3.0% |
| 2005-09-30 | 0.00 | 0.11 | -0.10Net Cash | 0.15 | 2.8% |
| 2005-06-30 | 0.00 | 0.05 | -0.04Net Cash | 0.10 | 4.6% |
| 2005-03-31 | 0.00 | 0.06 | -0.05Net Cash | 0.11 | 4.2% |
| 2004-12-31 | 0.00 | 0.07 | -0.06Net Cash | 0.12 | 3.8% |
| 2004-09-30 | 0.00 | 0.08 | -0.07Net Cash | 0.13 | 3.7% |
| 2004-06-30 | 0.00 | 0.08 | -0.08Net Cash | 0.14 | 3.4% |
| 2004-03-31 | 0.00 | 0.09 | -0.09Net Cash | 0.15 | 3.2% |
| 2003-12-31 | 0.00 | 0.10 | -0.10Net Cash | 0.16 | 2.9% |
| 2003-09-30 | 0.01 | 0.06 | -0.05Net Cash | 0.12 | 4.3% |
| 2003-06-30 | 0.01 | 0.07 | -0.06Net Cash | 0.13 | 4.0% |
| 2003-03-31 | 0.01 | 0.08 | -0.07Net Cash | 0.14 | 3.6% |
| 2002-12-31 | 0.00 | 0.06 | -0.05Net Cash | 0.11 | 4.6% |
| 2002-09-30 | 0.01 | 0.07 | -0.06Net Cash | 0.12 | 4.4% |
| 2002-06-30 | 0.01 | 0.08 | -0.07Net Cash | 0.13 | 4.1% |
| 2002-03-31 | 0.01 | 0.08 | -0.08Net Cash | 0.14 | 3.8% |
| 2001-12-31 | 0.01 | 0.09 | -0.09Net Cash | 0.15 | 3.5% |
| 2001-09-30 | 0.01 | 0.10 | -0.10Net Cash | 0.16 | 3.4% |
| 2001-06-30 | 0.01 | 0.06 | -0.05Net Cash | 0.12 | 4.9% |
| 2001-03-31 | 0.01 | 0.07 | -0.06Net Cash | 0.13 | 4.4% |
| 2000-12-31 | 0.01 | 0.09 | -0.08Net Cash | 0.15 | 3.8% |
| 2000-09-30 | 0.01 | 0.11 | -0.10Net Cash | 0.17 | 3.5% |
| 2000-06-30 | 0.01 | 0.12 | -0.12Net Cash | 0.19 | 3.2% |
| 2000-03-31 | 0.01 | 0.14 | -0.13Net Cash | 0.20 | 3.0% |
| 1999-12-31 | 0.01 | 0.17 | -0.17Net Cash | 0.22 | 2.8% |
| 1999-09-30 | 0.01 | 0.00 | 0.00 | 0.04 | 14.7% |