Plug Power Inc.
NASDAQ•PLUG
執行長: Mr. Andrew J. Marsh
板塊: Industrials
行業: Electrical Equipment & Parts
上市日期: 1999-10-29
Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.
聯絡資訊
市值
$2.63B
本益比 (TTM)
-1.6
50.3
股息率
--
52周最高
$4.58
52周最低
$0.69
52周範圍
排名70Top 99.2%
1.1
F-Score
改良版 Piotroski 分析
基於 10 年期基本面
疲弱 • 1.1 / 9 分
評分區間 (0-9)
8-9: 價值優異
6-7: 基本面強勁
4-5: 整體穩健
0-3: 表現疲弱
資料區間: 2016-2025
財務儀表板
Q4 2025 數據
營業收入
$225.22M+0.00%
近4季度走勢
每股收益
-$0.73+0.00%
近4季度走勢
自由現金流
-$157.71M+0.00%
近4季度走勢
2025 Annual 財報亮點
核心亮點
Net Revenue Growth Net Revenue reached $710.0M in 2025, up 12.9% from $628.8M in 2024, driven by equipment sales.
Net Loss Significantly Narrows Net loss attributable to Plug Power Inc. narrowed to $1.632 B in 2025, improving from $2.105 B loss in 2024.
Cash Burn Reduction Cash used in operating activities reduced to $535.8M, improving from $728.6M used in 2024, reflecting cost controls.
Future Revenue Visibility Estimated future revenue (backlog) stands at $724.1M, providing near-term revenue visibility across product lines.
關注風險
Liquidity and Capital Access Ability to meet obligations depends upon maintaining sufficient liquidity and accessing capital on acceptable terms when required.
Hydrogen Production Execution Inability to scale or operate hydrogen facilities successfully may increase costs or require sourcing from third parties.
High Impairment Charges Recorded $785.4M impairment charges in 2025 due to weakening demand and revised future cash flow projections.
Supply Chain Volatility Supply chain constraints, component reliability issues, and volatile input costs affect product performance and economics.
未來展望
Infrastructure Optimization Strategy Initiated infrastructure optimization, including sale of assets for at least $132.5M gross proceeds, to improve near-term liquidity.
Hydrogen Network Expansion Expanding hydrogen production network via commissioning Louisiana plant and planning build-out across Europe.
Cost Reduction Focus Operating strategy targets decreasing product and service costs while improving system reliability across all offerings.
Executive Leadership Transition New CEO, Jose Luis Crespo, assumed role March 2026 following planned leadership succession.
同行對比
營業收入 (TTM)
$6.39B
$4.75B
$4.26B
毛利率 (最新季度)
45.8%
43.9%
30.1%
關鍵指標
股票代碼 | 市值 | 本益比 (TTM) | 股東權益報酬率 (TTM) | 負債率 |
|---|---|---|---|---|
| GTLS | $9.32B | 234.3 | 1.3% | 38.2% |
| POWL | $6.11B | 32.5 | 30.6% | 0.1% |
| ENS | $5.97B | 19.1 | 16.6% | 29.1% |
長期趨勢
近4季度
營業收入
淨利
營運現金流
4季度營業收入複合增長率
19.0%
高速增長
4季度淨利複合增長率
N/M
盈利狀態轉變
現金流穩定性
0%
現金流需要關注
深度研究
下次財報:2026年5月11日
每股收益:-
|營業收入:-
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