{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-058615","form_type":"8-K","ticker":"PLUG","cik":"0001093691","company_name":"PLUG POWER INC","filed_at":"2026-05-11T20:01:39+00:00","discovered_at":"2026-05-11T20:04:03.457037+00:00","generated_at":"2026-05-11T23:05:51.192403+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Plug Power Q1 2026: revenue $163.5M (+22% YoY), adjusted EPS ($0.08) vs ($0.17)","bullets":["Revenue $163.5M, +22% YoY; GAAP gross margin improved 42pp to (13%) from (55%).","GAAP EPS ($0.18) vs ($0.21) YoY; adjusted EPS improved to ($0.08) from ($0.17).","Total cash $802M ($223M unrestricted, $579M restricted); targeting positive EBITDAS in Q4 2026.","Expects ~$142M from first hydrogen project asset monetization closing June 2026; $39.2M tax credit sale by end of May.","GenDrive service costs down 30% YoY; hydrogen fuel sales up 22%; margin rate improved 54pp."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-058615","json":"https://secwatch.observer/filing/0001104659-26-058615.json","markdown":"https://secwatch.observer/filing/0001104659-26-058615.md","text":"https://secwatch.observer/filing/0001104659-26-058615.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926058615/0001104659-26-058615-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926058615/tm2614034d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T23:05:51.192403+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":[{"claim_id":"14e3a507844327363bfef0f10cae6b5c15cab991","claim":"PLUG POWER INC reported first quarter ended March 31, 2026 results: revenue $163.5 million, EPS ($0.18).","evidence_excerpt":"Plug’s integrated hydrogen platform, improving unit economics, and continued demand across core markets. Q1 2026 Financial Highlights · Revenue increased 22% year-over-year to $163.5 million, reflecting growth across material handling and electrolyzer businesses · GAAP gross margin improved to (13%) from (55%) in the prior-year period, representing a 71% improvement","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1093691/000110465926058615/0001104659-26-058615-index.htm","confidence":0.99,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2026"},{"label":"Revenue","value":"$163.5 million"},{"label":"EPS","value":"($0.18)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}