Disclaimer: This is a simplified summary of a public company filing. See full disclaimer here.

PLUG POWER INC

CIK: 10936911 Annual ReportsLatest: 2025-04-30

10-K / April 30, 2025

Summary of Plug Power Inc.

Overview: Plug Power Inc. is a Delaware corporation that specializes in the development, manufacturing, and deployment of hydrogen fuel cell systems and related infrastructure. The company operates within the clean energy sector, focusing on hydrogen supply and fuel cell technology.

Business Focus:

  • Designing and producing hydrogen fuel cell systems primarily used for material handling, transportation, and other industrial applications.
  • Supporting the hydrogen supply chain, including hydrogen generation and distribution.
  • Developing and commercializing hydrogen infrastructure and solutions for energy storage and power generation.

Key Details:

  • As of April 25, 2025, the company has 1,022,914,821 shares of common stock issued and outstanding.
  • The company is registered on the NASDAQ under the ticker symbol PLUG.
  • The company's main operations are based in Slingerlands, NY, at 125 Vista Boulevard.
  • The company's total revenue and net income figures are not explicitly provided in this document.
  • The company’s market value, based on the last reported sale on June 28, 2024, was approximately $1,288,916,762 (market capitalization reflecting voting and non-voting common stock held by non-affiliates).

Employees and Customers:

  • The specific number of employees and customers is not explicitly provided in this excerpt.

Corporate Governance and Leadership:

  • The company has a diverse Board of Directors with members experienced in energy, regulation, finance, and technology sectors.
  • The leadership team includes the CEO Andrew J. Marsh, President Sanjay K. Shrestha, CFO Paul B. Middleton, COO Dean C. Fullerton, and other senior officers overseeing research, operations, legal, and revenue functions.

Financial & Operational Highlights:

  • The company maintains a focus on pay-for-performance incentives for executives.
  • No detailed financial data such as total revenues, net income, or EBITDA are included in this summary.

Notes:

  • This summary is based solely on the provided excerpt from the 10-K/A filing, which primarily details governance, executive compensation, and stock ownership.
  • Precise operational metrics like revenue, net income, number of customers, and total number of employees are not explicitly listed in the provided text.