Plug Power Q2 revenue rises to $178 million; raises 2026 revenue growth guidance
Plug Power reported second-quarter 2026 net revenue of $178.3 million, up from $174.0 million a year earlier, and a gross loss of $1.7 million compared with $53.5 million a year earlier. GAAP net loss attributable to Plug Power narrowed to $188.2 million from $227.1 million, and the company raised its full-year 2026 revenue growth guidance to 15% to 16%.
Key points
- Net revenue was $178.3 million for the quarter ended June 30, 2026, versus $174.0 million in the prior-year quarter.
- GAAP loss per share was $(0.14), compared with $(0.20) a year earlier; adjusted loss per share was $(0.07), compared with $(0.18).
- Full-year 2026 revenue growth guidance was raised to a range of 15% to 16%.
- Unrestricted cash was about $162 million at quarter end, and the company expects to reach positive EBITDAS in the fourth quarter of 2026.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 10, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.