
Plug Power (PLUG) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Plug Power (PLUG) last issued guidance on October 15, 2026 for Q3 2026. The company guided revenue in the range of for the period.
Compared to prior guidance, Plug Power raised its revenue forecast from a prior range of $700M - $700M.
Plug Power has issued 23 guidance updates between November 8, 2022 and August 10, 2026. During this period, the company raised its outlook 7 times and lowered it 7 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $-0.08 | $-0.10 | $-0.10 | $-0.13 |
| Actual | $-0.07 | $-0.08 | $-0.06 | $-0.12 |
| Surprise | +12.5% | +20.0% | +40.0% | +7.69% |
| Revenue | ||||
| Estimate | $168.8M | $140.3M | $218.7M | $173.6M |
| Actual | $178.3M | $163.5M | $225.2M | $177.1M |
| Surprise | +5.60% | +16.5% | +2.97% | +1.97% |
| Metric | Q3 '26E | Q4 '26E | Q1 '27E | Q2 '27E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $-0.06 | $-0.03 | $-0.04 | $-0.04 |
| Revenue | ||||
| Consensus | $189.8M | $288.5M | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 10, 2026 | $-0.07 | $-0.08 | 12.5 % |
| Q1 | May 11, 2026 | $-0.08 | $-0.10 | 20.0 % |
| Q4 | Mar 2, 2026 | $-0.06 | $-0.10 | 40.0 % |
| Q3 | Nov 10, 2025 | $-0.12 | $-0.13 | 7.69 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Aug 10, 2026 | $178.30M | $168.84M | 5.60 % |
| Q1 | May 11, 2026 | $163.51M | $140.31M | 16.5 % |
| Q4 | Mar 2, 2026 | $225.20M | $218.70M | 2.97 % |
| Q3 | Nov 10, 2025 | $177.06M | $173.64M | 1.97 % |