Plug Power — Company Views
Fundamental analysis built on SEC EDGAR XBRL filings. Each view computes standalone-quarter values from YTD differences and attributes the components to their underlying accounting drivers.
Views
Quarterly Cash Flow (2015–2025)
Interactive chart of CFO, CFI, CFF, CapEx, and FCF, with the ending cash position overlaid. Hover or click any quarter to see the top accounting drivers (impairments, SBC, debt raises, share issuances, working-capital changes).
Open → LiveBalance-sheet Health
Liquidity snapshot at Mar 31, 2026 ($802M total cash, $223M unrestricted), debt-maturity ladder through 2033, DSO/DIO/DPO/CCC trends, and a dilution tracker covering share-count history, authorized headroom, and remaining ATM/SEPA capacity.
Open → LiveLiquidity Options & Dependencies
Ten cash levers mapped across four controllability tiers — committed ($181M WNY sale + St. Gabriel ITC), Plug-controlled ($1.94B ATM+SEPA), holder-controlled ($1.44B $7.75 warrants), and suspended ($1.66B DOE loan). Interactive scenario slider computes equity proceeds and dilution at user-selected share prices. Sankey dependency graph shows which levers share the same failure modes.
Open → LiveUS Production & Mfg Footprint
Scattergeo map of the 11 US sites disclosed in Item 2 (Properties) of the FY25 10-K — three operational liquid-H2 plants (Kingsland GA, Charleston TN, St. Gabriel LA JV), the Rochester electrolyzer gigafactory, the Slingerlands corporate/mfg campus, four additional mfg sites (Concord, Houston, Magnolia, LaFayette), and the Miamisburg service center. Overlays the Alabama-NY (Genesee) divestiture and flags the NY + TX green-H2 plants shelved under the suspended $1.66B DOE loan.
Open → LiveRevenue by Product Line (FY2015–FY2025)
Annual revenue and gross margin broken out by product line — equipment, services, PPAs, fuel, and other. Covers the full 11-year history including the FY2020 warrant-provision shock, the 2023 cryogenic-equipment revenue peak, and the 2024–2025 mix migration toward recurring service/PPA/fuel.
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