---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089288"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T21:19:31.768735+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Plug Power Q2 revenue record $260.2M (+72% YoY); reaffirms FY23 guidance $1.2B–$1.4B

## Summary
- Q2 revenue $260.2M (+72% YoY); reaffirmed 2023 guidance $1.2B–$1.4B.
- GAAP gross loss of 30% (improved sequentially); includes ~$45M scale-up costs.
- Georgia green H2 plant reaching 15 TPD liquid capacity in Q3; expansion to 30 TPD underway.
- Cryogenics/liquefier revenue $69.7M (from $18.2M); backlog exceeds $1B.
- Exploring financing options: DOE Loan Program, strategic partners, corporate debt.

## SEC filing metadata
- accession: 0001104659-23-089288
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/0001104659-23-089288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/tm2323234d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089288
- JSON: https://secwatch.observer/filing/0001104659-23-089288.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089288.txt

## Key facts
- Earnings Releases
  PLUG POWER INC reported 2023 results: revenue $1.2B - $1.4B. Guidance reaffirmed.
  - Period: 2023
  - Revenue: $1.2B - $1.4B
  - Guidance: reaffirmed
  - Result: guidance update
  source text: Reaffirms revenue guidance of $1.2B - $1.4B for 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/0001104659-23-089288-index.htm
- Earnings Releases
  PLUG POWER INC reported second quarter ended June 30, 2023 results: revenue $260.2M. Guidance reaffirmed.
  - Period: second quarter ended June 30, 2023
  - Revenue: $260.2M
  - Guidance: reaffirmed
  - Result: reported results
  source text: in such filing. --- EX-99.1 (EXHIBIT 99.1) --- EX-99.1 2 tm2323234d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Plug Reports Largest Quarterly Revenue in Company’s History of $260.2M, up 72% YoY Reaffirms revenue guidance of $1.2B - $1.4B for 2023. Record revenue reflects increasing traction with vertically integrated business model, strong growth in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465923089288/0001104659-23-089288-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.