Plug Power Inc. Reports Third Quarter 2026 Financial Results

Plug Power reported third-quarter 2026 revenue of approximately $201 million, above the FactSet consensus estimate of $198.4 million. The company cited significant year-over-year gross-margin improvement and record-low quarterly net cash usage of about $28 million. Management reaffirmed its 2026 revenue growth guidance of 15% to 16% and its target of achieving positive EBITDAS in the fourth quarter, citing progress across material handling, electrolyzer, and hydrogen supply operations.