PLUGPlug Power Inc.

$3B

Q3 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$199M+5.3% YoY

Gross Profit

-$138M-69.4% margin

Operating Income

-$274M-137.9% margin

Net Income

-$283M-142.7% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

-23.6%

Cash Flow

Operating Cash Flow

-$354M

Free Cash Flow

-$526M

Stock-Based Comp.

Balance Sheet

Total Assets

$5.5B

Total Liabilities

$1.9B

Stockholders' Equity

$3.5B

Cash & Equivalents

$111M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$199M	$189M	+5.3%
Gross Profit	-$138M	-$46M	-199.5%
Operating Income	-$274M	-$160M	-71.5%
Net Income	-$283M	-$171M	-66.0%

Revenue Segments

Sale Of Hydrogen Infrastructure

$38M19%

Sales Of Fuel Cell Systems

$38M19%

Sale Of Cryogenic Equipment

$35M18%

Sale Of Electrolyzers

$27M13%

Power Purchase Agreements

$20M10%

Fuel Delivered To Customers And Related Equipment

$19M10%

Services Performed On Fuel Cell Systems And Related Infrastructure

$9M5%

Sale Of Engineered Equipment

$7M4%

Other Product And Services

$5M2%

Geographic Segments

North America

$157M79%

Europe

$34M17%

Other.

$5M2%

Asia

$3M2%