Compared to Estimates, Plug Power (PLUG) Q2 Earnings: A Look at Key Metrics

Plug Power (PLUG) reported $173.97 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 21.4%. EPS of -$0.16 for the same period compares to -$0.36 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $151.2 million, representing a surprise of +15.06%. The company delivered an EPS surprise of -6.67%, with the consensus EPS estimate being -$0.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Plug Power performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Net revenue- Sales of equipment, related infrastructure and other: $99.17 million compared to the $87.53 million average estimate based on six analysts. The reported number represents a change of +29.2% year over year.Net revenue- Services performed on fuel cell systems and related infrastructure: $16.37 million versus $13.66 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +25.6% change.Net revenue- Power purchase agreements: $23.63 million compared to the $18.91 million average estimate based on six analysts. The reported number represents a change of +20.1% year over year.Net revenue- Fuel delivered to customers and related equipment: $34.4 million versus the six-analyst average estimate of $30.69 million. The reported number represents a year-over-year change of +15.1%.Net revenue- Other: $0.4 million compared to the $2.91 million average estimate based on four analysts. The reported number represents a change of -90% year over year.Gross profit- Sales of equipment, related infrastructure and other: $-18.11 million versus the six-analyst average estimate of $-10.33 million.Gross profit- Services performed on fuel cell systems and related infrastructure: $6.37 million compared to the $-1.34 million average estimate based on six analysts.Gross profit- Power purchase agreements: $-21.64 million compared to the $-14.27 million average estimate based on six analysts.Gross profit- Fuel delivered to customers and related equipment: $-31.24 million versus the six-analyst average estimate of $-23.51 million.Gross profit- Other: $0.32 million versus $1.06 million estimated by three analysts on average.View all Key Company Metrics for Plug Power here>>>Shares of Plug Power have returned -6.8% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Plug Power, Inc. (PLUG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks