Plug Power Profit Margin 2010-2023 | PLUG
Current and historical gross margin, operating margin and net profit margin for Plug Power (PLUG) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Plug Power net profit margin as of December 31, 2023 is -153.57%.
| Plug Power Annual Profit Margins |
| Plug Power Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Electrical Machinery |
$1.649B |
$0.891B |
|
Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey.
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