Plug Power (PLUG) reported $173.97 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 21.4%. EPS of -$0.16 for the same period compares to -$0.36 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $151.2 million, representing a surprise of +15.06%. The company delivered an EPS surprise of -6.67%, with the consensus EPS estimate being -$0.15.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Plug Power performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net revenue- Sales of equipment, related infrastructure and other: $99.17 million compared to the $87.53 million average estimate based on six analysts. The reported number represents a change of +29.2% year over year.
- Net revenue- Services performed on fuel cell systems and related infrastructure: $16.37 million versus $13.66 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +25.6% change.
- Net revenue- Power purchase agreements: $23.63 million compared to the $18.91 million average estimate based on six analysts. The reported number represents a change of +20.1% year over year.
- Net revenue- Fuel delivered to customers and related equipment: $34.4 million versus the six-analyst average estimate of $30.69 million. The reported number represents a year-over-year change of +15.1%.
- Net revenue- Other: $0.4 million compared to the $2.91 million average estimate based on four analysts. The reported number represents a change of -90% year over year.
- Gross profit- Sales of equipment, related infrastructure and other: $-18.11 million versus the six-analyst average estimate of $-10.33 million.
- Gross profit- Services performed on fuel cell systems and related infrastructure: $6.37 million compared to the $-1.34 million average estimate based on six analysts.
- Gross profit- Power purchase agreements: $-21.64 million compared to the $-14.27 million average estimate based on six analysts.
- Gross profit- Fuel delivered to customers and related equipment: $-31.24 million versus the six-analyst average estimate of $-23.51 million.
- Gross profit- Other: $0.32 million versus $1.06 million estimated by three analysts on average.
View all Key Company Metrics for Plug Power here>>>
Shares of Plug Power have returned -6.8% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Plug Power, Inc. (PLUG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
