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Plug Power (PLUG) guidance history: what it guided and what it reported

Plug Power gave guidance in 7 earnings releases on file since May 9, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 2, on average -3.7% against the guided midpoint. Its releases raised guidance once and lowered it 0 times.

Revenue

Plug Power Revenue: last guidance vs reportedPlug Power Revenue: last guidance vs reportedguided rangereported (above / within / below)FY2024$629MQ2 2025$174M

Met or beat 1 of 2 periods (0 above, 1 within, 1 below).

PeriodGuided (and how it moved)ReportedResultvs midpoint
Q2 2025$140M–$180M (Apr 28, 2025) → reaffirmed $140M–$180M (May 12, 2025)$174Mwithin the range+8.7%
FY2024$825M–$925M (Aug 8, 2024) → lowered $700M–$800M (Nov 12, 2024)$629Mbelow the range-16.2%

The latest quarter

Plug Power, Q2 2026: revenue $178M (+2% year over year), operating margin -36.0%, net loss $190M, operating cash flow −$94.1M. The chart follows the revenue to costs, profit and cash.

Questions

Does Plug Power beat its guidance?

Plug Power gave guidance in 7 earnings releases on file since May 9, 2024. Of 2 guided periods since reported, it met or beat its own guidance once (50%). Revenue: 1 of 2, on average -3.7% against the guided midpoint.

How often does Plug Power raise guidance?

Its earnings releases raised guidance once and lowered it 0 times since May 9, 2024.

Latest guidance and outlook →

Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.