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Plug Power beat second-quarter estimates with revenue of $178.3 million and raised its 2026 revenue growth outlook 15% to 16%, as gross margin approached break-even and cash burn improved.
Plug Power's turnaround plan is gaining steam.
Plug Power Stock Rallies on Strong Q2 Results and a Major Margin Turnaround
Plug Power posted a quarter that stopped traders in their tracks, but the stock still sits near multi-year lows and the company keeps missing on earnings. Here is what the margin numbers actually signal about whether this turnaround has legs.
Plug Power is moving in the right direction, but profitability could still be challenging.
Plug Power Inc (PLUG) raises full-year revenue guidance to 15-16% growth as cost discipline and operational improvements drive significant margin expansion.
Plug Power (PLUG) delivered earnings and revenue surprises of +12.50% and +6.30%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Investing.com -- Plug Power Inc. (NASDAQ:PLUG) reported second quarter results that exceeded analyst expectations, with revenue of $178.3 million surpassing the consensus estimate of $168.76 million. The hydrogen solutions provider posted adjusted earnings per share of -$0.07, beating the analyst estimate of -$0.08.
Fuel cell technology Plug Power (NASDAQ:PLUG) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 2.5% year on year to $178.3 million. Its GAAP loss of $0.14 per share was 78.2% below analysts’ consensus estimates.
Hydrogen investors face a tough choice as Plug Power and FuelCell Energy pursue distinct paths across a fast-evolving market.
One generates billions in free cash flow but faces commodity volatility; the other burns cash while betting on hydrogen's future.
One company has turned cash-flow positive while burning through $661 million in capital; the other faces liquidity crises and lawsuits.
Bloom Energy's blockbuster quarterly results finally hit the market a day late, and a fresh Wall Street upgrade is pouring fuel on a rally that's pulling the entire fuel-cell sector along for the ride.
One is pre-revenue with zero debt; the other generates $710 million in sales but burns cash faster.
Plug Power shares have consistently struggled to hold onto their gains.
FuelCell Energy and Bloom Energy have spent 2025 riding the same AI data center power wave, but Monday's trading just cracked that story wide open and forced investors to pick a side.
The volatile energy companies are benefiting from AI-related demand and hype.
Plug Power continues to gain market adoption of its PEM electrolyzers.
Reversing its 2025 trajectory, this hydrogen stock rocketed higher to start 2026.
Bloom Energy turned positive free cash flow while Plug Power burned $661.5 million, a stark contrast that reshapes the profitability race.
A major new collaboration was announced, but investors were looking at the company's checkbook instead.
If you can look past all the current confusing noise, there are some solid prospects just waiting to be bought.
Oklo and Plug Power could be potential multibaggers.
Plug Power Inc. (NASDAQ:PLUG) is one of the most buzzing stocks to buy right now. On June 2, Plug Power announced the sale of a federal investment tax credit for approximately $39.2 million related to its hydrogen liquefaction facility in St. Gabriel, Louisiana. This move is part of the company’s ongoing strategy to improve liquidity, […]
The stock’s incredible run wasn’t about the profits it’s making now, but about a problem everyone in tech suddenly needs to solve.
Enphase reports steady profits and global reach, while Plug Power pursues hydrogen growth despite steep losses. Compare their fundamentals and risk profiles.
FuelCell Energy (NASDAQ:FCEL) stock is up 23% to $36.64 in early Tuesday trading, extending a powerful June rally. Bloom Energy (NYSE:BE) stock is up 7% to $293.61, climbing in sympathy with the broader fuel-cell complex. Plug Power (NASDAQ:PLUG) stock is up 5% to $2.72, a decent-sized move but PLUG is still a relative laggard amid ... FuelCell Energy Soars 23% on Russell Index Inclusion, Bloom Energy Climbs 7%, Plug Power Gains 5%
FuelCell Energy (NASDAQ:FCEL) stock is up 17% in morning trading on Monday, leading a sharp rally across hydrogen and fuel cell names. Bloom Energy (NYSE:BE) stock is up 6%, while Plug Power (NASDAQ:PLUG) stock is flat on the session. The clear answer to today’s market-mover question: FuelCell Energy is decisively outperforming its hydrogen peers. The ... FuelCell Energy Is Up 17% Today: Is It Outperforming Other Fuel-Cell Stocks Like Plug Power and Bloom Energy?
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