Plug Power, Inc. (NASDAQ:PLUG) shares climbed in Monday's extended trading after the company released its fourth-quarter earnings report, revealing strong revenue growth.
Here's a look at the key figures from the quarter.
The Details: Plug Power reported a quarterly loss of 63 cents per share, missing the analyst estimate for a loss of 10 cents, according to Benzinga Pro data.
Quarterly revenue came in at $225.2 million which beat the consensus estimate of $217.77 million.
The company also announced CRO Jose Luis Crespo will immediately assume the role of CEO.
Plug reported the following 2025 highlights:
- Achieved over $700 million in revenue
- Achieved positive gross margin for the fourth quarter of 2025
- Established strong liquidity platform to fund 2026
“In 2025, we achieved $710 million in revenues and a fourth-quarter margin positive as we projected at the start of the year. In 2026, we will continue executing with discipline, driving margin improvement, and delivering exceptional outcomes for our customers,” CEO Crespo said.
PLUG Stock Price: According to data from Benzinga Pro, Plug Power stock rose 6.63% to $1.93 in Monday's extended trading.
Photo: Courtesy of Plug Power, Inc.
