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PLUG Q2 2024 Earnings — Plug Power Inc. Revenue & Financial Results | Market Cap Arena
PLUG
Plug Power Inc.
$3B
Q2 2024 Earnings
Industrials
Electrical Equipment & Parts
Income Statement
Revenue
$143M
-44.9% YoY
Gross Profit
-$131M
-91.6% margin
Operating Income
-$245M
-170.7% margin
Net Income
-$262M
-183.0% margin
EPS (Diluted)
$-0.36
QoQ Revenue Growth
+19.2%
Cash Flow
Operating Cash Flow
-$255M
Free Cash Flow
-$361M
Stock-Based Comp.
$26M
Balance Sheet
Total Assets
$4.8B
Total Liabilities
$1.8B
Stockholders' Equity
$3.0B
Cash & Equivalents
$62M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$143M
$260M
-44.9%
Gross Profit
-$131M
-$78M
-68.0%
Operating Income
-$245M
-$234M
-4.6%
Net Income
-$262M
-$236M
-11.0%
Revenue Segments
Sale Of Cryogenic Equipment
$31M
22%
Fuel Delivered To Customers And Related Equipment
$30M
21%
Power Purchase Agreements
$20M
14%
Sale Of Electrolyzers
$15M
10%
Sale Of Hydrogen Infrastructure
$13M
9%
Sales Of Fuel Cell Systems
$13M
9%
Services Performed On Fuel Cell Systems And Related Infrastructure
$13M
9%
Sale Of Engineered Equipment
$4M
3%
Other Product And Services
$4M
3%
Geographic Segments
North America
$113M
82%
Europe
$21M
15%
Asia
$4M
3%
← FY 2024
All Quarters
Q3 2024 →
