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Plug Power Q3 2026 EPS swings to profit of $0.07 year over year; Q3 2026 revenue rises 13% year over year to $201 million

By Public Technologies
  • Plug Power's Q3 2026 GAAP basic EPS swung to approximately $0.07, primarily driven by non-cash mark-to-market gains associated with equity instruments.
  • Revenue rose 13% year over year to approximately $201 million; gross margin improved 65 percentage points to approximately negative 3%.
  • Operating expenses fell 69% year over year to approximately $70 million; net cash usage dropped 54% sequentially to approximately $28 million.
  • A 280 MW electrolyzer supply agreement with Arcadia eFuels accompanied a preferred-supplier partnership covering more than 1 GW of potential projects.
  • The company maintained its 2026 revenue growth guidance of 15%–16% and expects Q4 2026 cash usage to remain relatively flat sequentially.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plug Power Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-124487), on November 09, 2026, and is solely responsible for the information contained therein.

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