Plug Power Overview

  • Founded
  • 1997
  • Status
  • Public
  • Employees
  • 2,449
  • Stock Symbol
  • PLUG
Stock Symbol
  • Investments
  • 17
  • Share Price
  • $25.66
  • (As of Thursday Closing)

Plug Power General Information


Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling industry with its full-service GenKey solution, which is designed to increase productivity, lower operating costs and reduce carbon footprints in a reliable and cost-effective way. The company's GenKey solution couples together all the necessary elements to power, fuel and serve a customer. With proven hydrogen and fuel cell products, the company replaces lead acid batteries to power electric industrial vehicles, such as the lift trucks customers use in their distribution centers. Its ProGen platform of modular fuel cell engines empowers OEMs and system integrators to adopt hydrogen fuel cell technology.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Alternative Energy Equipment
Other Industries
General Purpose Semiconductors
Stock Exchange
Primary Office
  • 968 Albany Shaker Road
  • Latham
  • New York, NY 12110
  • United States
+1 (518) 000-0000

Plug Power Timeline

Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Plug Power Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$25.66 $24.00 $17.51 - $46.50 $13.9B 578M 20.9M -$0.82

Plug Power Financials Summary

In Thousands,
TTM 31-Dec-2021 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020 FY 2019 31-Dec-2019
EV 12,728,028 12,728,028 15,634,517 1,358,684
Revenue 502,342 502,342 (93,237) 229,975
EBITDA (413,608) (413,608) (550,947) (35,416)
Net Income (459,965) (459,965) (596,155) (83,743)
Total Assets 5,950,076 5,950,076 1,356,093 898,719
Total Debt 810,149 810,149 560,097 526,786
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Plug Power Valuation & Funding

Deal Type Date Amount Valuation/
Post-Val Status Debt

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Plug Power Comparisons

HQ Location
Total Raised
Post Valuation
Last Financing Details
Plug Power Inc is an innovator of modern hydrogen and fuel cell technology. It has revolutionized the material handling
Alternative Energy Equipment
New York, NY
2,449 As of 2021
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00000000000 000000 000000000
Oslo, Norway
000 As of 0000
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00000000000 000000 000000000
Haifa, Israel
00 As of 0000
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00000000000 00000
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Plug Power Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
NEL Corporation Oslo, Norway 000 00000 000000000 00000
00000 Venture Capital-Backed Haifa, Israel 00 00000 00000000000 00000
000000000 000000 Formerly VC-backed Gothenburg, Sweden 00 000.00 00000000000 000.00
00000000000 Corporation Santa Barbara, CA 0 000.00 000000000 000.00
00000 00000 Formerly VC-backed Horsham, United Kingdom 000 00000 000000000 00000
You’re viewing 5 of 9 competitors. Get the full list »

Plug Power Patents

Plug Power Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210305598-A1 Method and system for electrochemically compressing gaseous hydrogen Pending 31-Mar-2020 00000000000
US-20210005904-A1 Fuel cell stack Pending 02-Jul-2019 0000000000
EP-3709413-A1 Fuel cell stack Pending 12-Mar-2019 00000000000 0
US-20200295393-A1 Fuel cell stack Granted 12-Mar-2019 0000000000 0
US-10957929-B2 Fuel cell stack Active 12-Mar-2019 H01M8/04955 00
To view Plug Power’s complete patent history, request access »

Plug Power Executive Team (20)

Name Title Board Seat Contact Info
Andrew Marsh Chief Executive Officer, President and Board Member
Paul Middleton Chief Financial Officer
Keith Schmid Chief Operating Officer
Sanjay Shrestha Chief Strategy Officer, Strategy
Tim Cortes Chief Technology Officer
You’re viewing 5 of 20 executive team members. Get the full list »

Plug Power Board Members (14)

Name Representing Role Since
Andrew Marsh Plug Power Chief Executive Officer, President and Board Member 000 0000
Gary Willis Self Board Member 000 0000
George Mcnamee Self Co-Founder, and Chairman of the Board 000 0000
Gregory Kenausis Plug Power Board Member 000 0000
Johannes Roth Plug Power Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Plug Power Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Plug Power Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Plug Power Investments & Acquisitions (17)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000 0000000 14-Jan-2022 0000000000 0000 Gas Utilities 000000 00
000000 00000 09-Dec-2021 0000000000 00000 Oil and Gas Equipment 000000 00
00000000000 30-Nov-2021 00000 0000 Alternative Energy Equipment 000000 00
0000000 0000 23-Nov-2021 0000000000 Industrial Supplies and Parts 000000 00
HYVIA 03-Jun-2021 Joint Venture Road 000000 00
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

Plug Power Subsidiaries (5)

Company Name Industry Location Founded
Technologies Energyor General Purpose Semiconductors Saint-Laurent, Canada 2019
0000000 0000 00000 Industrial Supplies and Parts Houston, TX 0000
00000 0000000000 Gas Utilities Houston, TX 0000
00000000 (000000) Alternative Energy Equipment Montreal, Canada 0000
000000 00000 Oil and Gas Equipment Alphen aan den Rijn, Netherlands 0000
To view Plug Power’s complete subsidiaries history, request access »