Plug Power, US72919P2020

Plug Power stock reports November 9 with USD 178.30 million revenue

Published on 10/17/2026 at 20:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Plug reported USD 28 million in third-quarter net cash usage on October 15, 2026. Plug Power stock reports results on November 9, 2026.

Upcoming date and cash use

Plug Power will announce third-quarter results on November 9, 2026.
Plug reported net cash usage of USD 28 million for the third quarter on October 15, 2026.
Plug Power stock was quoted at USD 1.38 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 7.07 percent from USD 1.49.
The company had a P/E of -1.01 and a market capitalization of USD 1.9 billion on October 16, 2026.

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Plug Power stock (ISIN US72919P2020) will announce its third-quarter results on November 9, 2026, giving investors a fixed date for the next operating update. The company reported net cash usage of USD 28 million for the third quarter on October 15, according to Markets Insider. The Nasdaq quote was USD 1.38 on October 16, 2026 at 4:00 p.m. ET, down 7.07 percent from USD 1.49.

Revenue beat the second-quarter consensus

Plug Power reported USD 178.30 million in second-quarter revenue, compared with a USD 169.11 million consensus estimate, according to MarketBeat. The company also said it expected third-quarter revenue growth of more than 10 percent from the year-earlier quarter and retained its 15 to 16 percent full-year 2026 revenue-growth outlook.

Stock stays near its yearly low

The USD 1.38 Nasdaq quote stood USD 0.03 above the 52-week low of USD 1.35, a 2.22 percent distance. It was USD 2.95 below the 52-week high of USD 4.33, equal to a 68.13 percent gap. The stock's average daily volume was 54,316,203 shares through October 16, 2026, versus 85,981,321 shares traded that day.

Valuation and November dates

Plug Power had a market capitalization of USD 1.9 billion and a P/E of -1.01 on October 16, 2026. The negative ratio reflects the company's loss-making earnings profile rather than a conventional earnings valuation. Plug will also host its digital Plug Symposium on November 19, 2026, according to Markets Insider.

Comparison with peers

Plug Power: minus 7.07 percent, P/E -1.01, market capitalization USD 1.9 billion
Ballard Power Systems (Nasdaq, USD): minus 5.99 percent, P/E -6.13, market capitalization USD 473.3 million
FuelCell Energy (Nasdaq, USD): minus 7.74 percent, P/E -3.79, market capitalization USD 1.0 billion

Nasdaq quote at USD 1.38

Plug Power was last quoted at USD 1.38 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 7.07 percent from USD 1.49. The next scheduled results date puts cash use, revenue conversion and margin progress at the center of the November update.