Plug Power Inc.
Plug Power Announces Positive Q4 2025 Gross Margin and New CEO
Summary
Plug Power Inc. reported positive gross margin for Q4 2025, achieving $225.2 million in revenue and $5.5 million in gross profit. The company also saw liquidity improvements with over $275 million expected from asset monetization and debt restructuring. Additionally, Jose Luis Crespo has been appointed as the new CEO, effective March 2, 2026.
Profitelligence Alerts
Get alerts for PLUG
Be first to know when Plug Power Inc. files with the SEC.
Filing Categories
Advertisement
About Plug Power Inc.
Plug Power Inc. is a leading company in the alternative energy sector, focusing primarily on the development and commercialization of hydrogen fuel cell systems. These systems are designed to replace conventional batteries in equipment and vehicles powered by electricity. By championing hydrogen and fuel cell technologies, Plug Power Inc. aims to address global sustainability challenges by providing clean and reliable energy solutions. The company targets a variety of industries, including material handling, on-road electric vehicles, and stationary power generation. Plug Power’s innovations are crucial for advancing sustainable energy sources, potentially reducing the carbon footprint in key commercial sectors. Established in 1997, and headquartered in Latham, New York, Plug Power Inc. plays a pivotal role in the transition towards eco-friendly and renewable energy platforms. Their expertise is increasingly sought after as global markets place a stronger emphasis on reducing emissions and enhancing energy efficiency. Plug Power Inc. thus stands at the forefront of the shift towards more sustainable industrial practices.
Official SEC Documents
Advertisement