Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

The company’s revenue grew 96% YoY to $140.8 million

May 13, 2022

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Plug Power, a U.S.-based hydrogen fuel cell (HFC) turnkey solutions company, recorded a revenue of $140.8 million in the first quarter (Q1) of 2022, a 96% year-over-year (YoY) growth compared to $72 million in Q1 2021.

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Satish Shetty

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Plug Power Posts $156 Million Loss in Q1 2022, Pins it on Rising Natural Gas Prices

Continue Reading with Premium Access

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