---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-029615"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:16:37.129442+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Plug Power reports FY2023 revenue of $891M (+27% YoY); EPS loss $2.30; impairment ~$325M

## Summary
- Record annual revenue $891.3M, up 27% YoY; Q4 revenue not separately stated.
- FY2023 EPS loss $2.30 vs. $1.25 prior year; includes ~$325M non-cash impairment charges.
- Going concern doubt resolved; company has sufficient cash and liquidity for foreseeable future.
- Georgia hydrogen plant commissioned with largest PEM electrolyzer in US; expanded material handling with Walmart, Amazon, Home Depot, Tyson, Sam's Club, STEF.
- Closed a 100MW electrolyzer deal with GALP and nearly 1GW in BEDP projects during 2023.

## SEC filing metadata
- accession: 0001104659-24-029615
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465924029615/0001104659-24-029615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465924029615/tm247647d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-029615
- JSON: https://secwatch.observer/filing/0001104659-24-029615.json
- Plain text: https://secwatch.observer/filing/0001104659-24-029615.txt

## Key facts
- Earnings Releases
  PLUG POWER INC reported the quarter and fiscal year ended December 31, 2023 results: revenue $891 million, EPS $2.30.
  - Period: the quarter and fiscal year ended December 31, 2023
  - Revenue: $891 million
  - EPS: $2.30
  - Result: reported results
  source text: cash on hand coupled with available liquidity to fund its ongoing operations for the foreseeable future. · Record Revenue Achievement: The Company achieved revenue of $891 million for the year ended December 31, 2023, which is a record and reflects a 27% growth over the prior year. This revenue growth stems from the successful execution of our business
  evidence_url: https://www.sec.gov/Archives/edgar/data/1093691/000110465924029615/0001104659-24-029615-index.htm

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