Key Takeaways PLUG shares jumped 78.8% YTD on surging electrolyzer demand and global green hydrogen expansion.Q2 2025 revenues rose 21% as electrolyzer sales soared 200%, supported by strong policy backing in Europe.Despite growth, PLUG faces negative margins, high cash burn and weak liquidity amid fewer site installs.Plug Power Inc. (PLUG) shares have surged 78.8% in the year-to-date period, outpacing the industry and the S&P 500, which have returned 33.5% and 15.2%, respectively. In comparison, the compan ...

Key Takeaways Plug Power's electrolyzer revenues jumped 200% year over year in Q2 2025.Growing demand comes from industrial users and energy sectors worldwide.New projects in Portugal and Uzbekistan highlight Plug Power's global reach.Plug Power Inc.’s (PLUG) electrolyzer product line is emerging as the primary growth driver. In the second quarter of 2025, revenues from this product line surged approximately 200% on a year-over-year basis. This sharp rise was supported by increased product deliveries and ne ...