Plug Power Q1 Revenue Beats Estimates as Electrolyzer Sales Jump

The company said customer demand is being supported by the reinstated investment tax credit

May 14, 2026

/ Arjun Joshi
/ Finance and M&A, Other
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


Hydrogen fuel cell solutions provider Plug Power reported revenue of $163.51 million in the first quarter (Q1) of 2026, a 22.3% year-over-year (YoY) increase compared to $133.67 million. This growth was driven by expansion across its material handling and electrolyzer businesses.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Arjun Joshi

More articles from Arjun Joshi.
Financial ResultsPlug PowerprofitRevenue
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS