◆ NeutralPLUG

Is Plug Power Finally Turning the Corner? 3 Numbers That Matter.

The Motley Fool·
Is Plug Power Finally Turning the Corner? 3 Numbers That Matter.

Plug Power is showing signs of turnaround under new leadership with its 'Project Quantum Leap' strategy. The company improved gross margin by 42% year-over-year in Q1 2026, beat revenue expectations with 20% growth in material-handling fuel cells and quadrupled electrolyzer revenue to $40M+. With $802M in cash and a path to positive EBITDA by Q4, Plug is addressing past concerns about cash burn and shareholder dilution, though execution risks remain.

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