{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-076198","form_type":"8-K","ticker":"PLUG","cik":"0001093691","company_name":"PLUG POWER INC","filed_at":"2025-08-11T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.321445+00:00","generated_at":"2026-05-17T15:10:21.217804+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Plug Power Q2 revenue $174M (+21% YoY); sees gross margin breakeven in Q4 2025","bullets":["Revenue of $174M (+21% YoY) driven by GenDrive, GenFuel, and GenEco; electrolyzer revenue tripled to ~$45M.","Gross margin improved to -31% from -92% YoY; $80M non-cash charges from Project Quantum Leap.","Exited Q2 with >$140M cash; access to >$300M additional debt capacity; plans to monetize 45V/48E tax credits.","Guide: targeting gross margin breakeven on a run-rate basis in Q4 2025; reaffirms cost discipline.","Passage of One Big Beautiful Bill solidified 45V/48E tax credits, supporting hydrogen growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-076198","json":"https://secwatch.observer/filing/0001104659-25-076198.json","markdown":"https://secwatch.observer/filing/0001104659-25-076198.md","text":"https://secwatch.observer/filing/0001104659-25-076198.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093691/000110465925076198/0001104659-25-076198-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093691/000110465925076198/tm2523117d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T15:10:21.217804+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}