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PLUG

Plug Power Inc

$28.72

Earnings Summary

Revenue
$140.8Mn
Net Profits
$-156.49Mn
Net Profit Margins
-111.14%

Highlights

Revenue:

Plug Power Inc’s revenue jumped 95.68% since last year same period to $140.8Mn in the Q1 2022. On a quarterly growth basis, Plug Power Inc has generated -13.03% fall in its revenue since last 3-months.

Net Profits:

Plug Power Inc’s net profit fell -157.61% since last year same period to $-156.49Mn in the Q1 2022. On a quarterly growth basis, Plug Power Inc has generated 18.88% jump in its net profits since last 3-months.

Net Profit Margins:

Plug Power Inc’s net profit margin fell -31.65% since last year same period to -111.14% in the Q1 2022. On a quarterly growth basis, Plug Power Inc has generated 6.72% jump in its net profit margins since last 3-months.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Plug Power Inc post its latest quarter earnings

EPS Estimate Current Quarter
-0.2
EPS Estimate Current Year
-0.2

Highlights

EPS Estimate Current Quarter:

Plug Power Inc’s earning per share (EPS) estimates for the current quarter stand at -0.2 - a -25% fall from last quarter’s estimates.

EPS Estimate Current Year:

Plug Power Inc’s earning per share (EPS) estimates for the current year stand at -0.2.

Key Ratios

Key ratios of the Plug Power Inc post its Q1 2022 earnings

Earning Per Share (EPS)
-0.27
Return on Assets (ROA)
-0.06
Return on Equity (ROE)
-0.14
Dividend Per Share (DPS)
0

Highlights

Earning Per Share (EPS):

Plug Power Inc’s earning per share (EPS) fell -125% since last year same period to -0.27 in the Q1 2022. This indicates that the Plug Power Inc has generated -125% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Plug Power Inc’s return on assets (ROA) stands at -0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Plug Power Inc’s return on equity (ROE) stands at -0.14.

Dividend Per Share (DPS):

Plug Power Inc declared 0 dividend per share during the earnings announcement for Q1 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-09
-0.16
-0.27
-68.75%

Company Information

Plug Power is building the hydrogen economy as the leading provider of comprehensive hydrogen fuel cell (HFC) turnkey solutions. The company's innovative technology powers electric motors with hydrogen fuel cells amid an ongoing paradigm shift in the power, energy, and transportation industries to address climate change and energy security, while providing efficiency gains and meeting sustainability goals. Plug Power created the first commercially viable market for hydrogen fuel cell (HFC) technology. As a result, the company has deployed over 40,000 fuel cell systems for e-mobility, more than anyone else in the world, and has become the largest buyer of liquid hydrogen, having built and operated a hydrogen highway across North America. Plug Power delivers a significant value proposition to end-customers, including meaningful environmental benefits, efficiency gains, fast fueling, and lower operational costs. Plug Power's vertically-integrated GenKey solution ties together all critical elements to power, fuel, and provide service to customers such as Amazon, BMW, The Southern Company, Carrefour, and Walmart. The company is now leveraging its know-how, modular product architecture and foundational customers to rapidly expand into other key markets including zero-emission on-road vehicles, robotics, and data centers.

Organisation
Plug Power Inc
Headquarters
Latham, New York, US
Employees
1.28K
Industry
Electronic Technology
CEO
Andrew Marsh