Sterling
Plug Power logo
Plug Power
Nel logo
Nel

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Plug Power 0.178, Nel 0.153.

Plug Power vs Nel: Revenue Comparison

Plug Power (PLUG) and Nel (NEL.OL) are peers in Hydrogen & Fuel Cells. Plug Power reported revenue of $178M as of Q2 2026, compared with $153M for Nel. Plug Power leads on revenue.

Plug Power's gross margin is -0.9% versus 54.1% for Nel. Plug Power's net margin is -105.6% versus -122.9% for Nel.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Plug Power, Nel.
MetricPlug PowerNel
Market Cap--
Revenue$178.00M$153.00M
Cost of Revenue$180.00M$70.00M
Gross Profit$-2.00M$83.00M
Operating Income$-64.00M$-234.00M
Net Income$-188.00M$-189.00M
R&D Expense$13.00M$0
Earnings Per Share-$0.14-$0.1
Gross Margin-0.9%54.1%
Operating Margin-36.0%-152.2%
Net Profit Margin-105.6%-122.9%
Free Cash Flow$-100.00M$-73.00M
Cumulative Free Cash Flow$-6.78B$-6.34B
Operating Cash Flow$-94.00M$2.00M
Cash & Equivalents$162.00M$1.33B
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