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Plug Power Posts $201 Million in Q3 Revenue as EPS Beats Estimates

Revenue climbed 13.5% from a year earlier. The company is targeting 2026 revenue growth of 15% to 16%.

A steel fuel-cell plate stands beside three ascending metal blocks / TokenPost.ai
A steel fuel-cell plate stands beside three ascending metal blocks / TokenPost.ai

Plug Power posted third-quarter revenue of $201 million, up 13.5% year over year, and GAAP earnings per share of $0.00, topping estimates for both measures.

Revenue exceeded its estimate by $7.67 million, while GAAP EPS beat its estimate by $0.06. The company said it remains focused on revenue growth of 15% to 16% in 2026 and positive EBITDAS in the fourth quarter of 2026.

Plug Power cited pipeline execution, margin improvement, cost discipline and commercial execution as support for those goals.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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