Plug Power Inc. Reports Q1 2025 Revenue of $133.7M, Reduces Net Cash Used in Activities to $152.1M

Reuters

05-19

Plug Power Inc. Reports Q1 2025 Revenue of $133.7M, Reduces Net Cash Used in Activities to $152.1M

Plug Power Inc. has announced its Q1 2025 earnings results, reporting a revenue of $133.7 million. This figure marks a continuation of the company's progress towards its strategic and financial objectives. Net cash used in operating and investing activities decreased significantly to $152.1 million in Q1 2025, compared to $288.3 million in Q1 2024. Additionally, Plug Power expanded its hydrogen production capacity to 40 tons per day across three operational plants and achieved substantial growth in its electrolyzer and fuel cell businesses. Earlier this year, the company implemented an executive compensation program to align executive incentives with shareholders' interests, highlighted by CEO Andy Marsh's decision to receive 50% of his compensation in Plug's stock for 2025.

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 GlobeNewswire (Ref. ID: GNW9454072-en) on May 19, 2025, and is solely responsible for the information contained therein.

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Reports Q1 2025 Revenue of $133.7M, Reduces Net Cash Used in Activities to $152.1M\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-19 20:25</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Plug Power Inc. 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ID: GNW9454072-en) on May 19, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NDAQ","symbol_name":"納斯達克OMX交易所","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250519:nNDL29vw45:1","article_id":"2536868166","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536868166","pubTimestamp":1747657538,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Plug Power Inc. has announced its Q1 2025 earnings results, reporting a revenue of $133.7 million. 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