Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Plug Power Inc (Plug Power) is engaged in building a comprehensive clean hydrogen ecosystem, encompassing production, storage, delivery, and energy generation. The company's main activities include deploying hydrogen fuel cell systems and establishing fueling stations. Plug's major products and services include fuel cells, electrolyzers, hydrogen liquefiers, and cryogenic solutions. The company’s product portfolio comprises ProGen, GenDrive, GenSure, GenKey, GenFuel. Its products find application in on-road electric vehicles, supply chain and logistics and the stationary power market. The company operates hydrogen production facilities and is expanding its presence with new plants in multiple US states. Plug is headquartered in Latham, New York, the US.
Headquarters
United States of America
Address
125 Vista Blvd, Slingerlands, New York City, 12159
Website
www.plugpower.com
Telephone
1 518 7827700
No of Employees
2,290
Industry
Alternative Energy
Ticker Symbol & Exchange
PLUG (NASD)
Revenue (2025)
$709.9M
12.9%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
22.5%
(2025 vs 2024)
Market Cap*
$4.6B
Net Profit Margin (2025)
XYZ
31.3%
(2025 vs 2024)
* As of and is in US$
Plug Power Inc premium industry data and analytics
Products and Services
| Products |
|---|
| GenDrive |
| GenCare |
| GenSure |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the company secured a contract to deliver a 275 MW GenEco PEM electrolyzer system for Hy2gen Canada Inc.’s Courant project. |
| 2026 | Contracts/Agreements | In February, the company signed a definitive agreement with Stream Data Centers to promote its initiative to generate more than US$275 million in liquidity improvement. |
| 2025 | Contracts/Agreements | In December, the company signed an agreement with Hy2gen to supply a 5 MW PEM electrolyzer for Hy2gen’s Sunrhyse hydrogen project in France. |
Competitor Comparison
| Key Parameters | Plug Power Inc | FuelCell Energy Inc | SFC Energy AG | Ballard Power Systems Inc | Ceres Power Holdings Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Germany | Canada | United Kingdom |
| City | New York City | Danbury | Munich | Burnaby | Horsham |
| State/Province | New York | Connecticut | Bayern | British Columbia | West Sussex |
| No. of Employees | 2,290 | 424 | 502 | 887 | 478 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Andrew J. Marsh | Chairman | Executive Board | 2026 | 70 |
| Jose Luis Crespo | Chief Executive Officer; President | Senior Management | 2026 | 56 |
| Paul B. Middleton | Chief Financial Officer; Chief Accounting Officer | Senior Management | 2026 | 59 |
| Dean Fullerton | Chief Operating Officer | Senior Management | 2024 | - |
| Martin D. Hull | Controller; Chief Accounting Officer | Senior Management | 2015 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer