Plug Power 2025 Q3 Earnings Wider Losses Amid Revenue Growth Miss

Plug Power (PLUG) reported Q3 2025 results that fell short of revenue expectations but slightly exceeded adjusted loss estimates. , signaling continued focus on operational efficiency and hydrogen market expansion.

Revenue

, . Hydrogen fuel sales, pricing enhancements, and growth in other business segments also contributed to the increase.

Earnings/Net Income

The company’s losses widened significantly, . , narrowly beating estimates, but the GAAP gross loss of $120 million highlighted ongoing operational challenges.

Post-Earnings Price Action Review

The strategy of buying PLUG shares following revenue reports and holding for 30 days showed mixed results over the past three years. , . The most recent 2025 Q3 report yielded no gain, underscoring the strategy’s volatility and market sensitivity.

CEO Commentary

CEO Andrew Marsh emphasized progress in Plug’s GenEco electrolyzer business and Project Quantum Leap’s 50% reduction in cash burn. , while announcing ’s leadership transition to ensure strategic evolution in the maturing hydrogen market.

Guidance

Plug reaffirmed its 2025 revenue target of $700 million and outlined 2026 goals: gross margin neutrality, , . Management cited operational improvements, cost discipline, .

Additional News

1. Liquidity Boost.

2. Strategic Shift.

3. Data Center Partnership: Plug partnered with a U.S. , .

Article Polishing

. , . Management’s focus on liquidity, strategic partnerships, .