Plug Power Inc.

NasdaqCM:PLUG Stock Report

Market Cap: US$3.2b

Plug Power Management

Management criteria checks 2/4

Plug Power's CEO is Jose Crespo, appointed in Oct 2025, has a tenure of less than a year. directly owns 0.026% of the company’s shares, worth $839.68K. The average tenure of the management team and the board of directors is 3.1 years and 8.2 years respectively.

Key information

Jose Crespo

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.03%
Management average tenure3.1yrs
Board average tenure8.2yrs

Recent management updates

Recent updates

Plug Power: Perpetual Capital Raises

Nov 19

Plug Power Inc.'s (NASDAQ:PLUG) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Nov 04
Plug Power Inc.'s (NASDAQ:PLUG) Share Price Is Still Matching Investor Opinion Despite 28% Slump

Market Participants Recognise Plug Power Inc.'s (NASDAQ:PLUG) Revenues Pushing Shares 27% Higher

Sep 18
Market Participants Recognise Plug Power Inc.'s (NASDAQ:PLUG) Revenues Pushing Shares 27% Higher
User avatar

Project Quantum Leap Will Streamline Costs And Improve Net Margins

Streamlining costs and refining product focus through Project Quantum Leap can enhance net margins and improve facility utilization.

Plug Power: Restructuring While Waiting For The DOE Funding

Mar 14

Plug Power Inc.'s (NASDAQ:PLUG) 29% Cheaper Price Remains In Tune With Revenues

Feb 02
Plug Power Inc.'s (NASDAQ:PLUG) 29% Cheaper Price Remains In Tune With Revenues

Plug Power: Electrolyzer Deployments And Increased Institutional Confidence, Amid Financial Challenges Loom

Dec 15

With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Dec 06
With Plug Power Inc. (NASDAQ:PLUG) It Looks Like You'll Get What You Pay For

Plug Power: Potential Asymmetric Upside

Nov 05

Plug Power: Poor Results But Upgrading On Margin Progress - Hold

Aug 26

Plug Power's Strategy Looks Poised To Bear Fruit

Aug 15

Plug Power: Stock Offering Ahead Of Q2 Results Is A Huge Red Flag - Sell

Jul 19

Plug Power: Broken Growth Story Needs More Than Just Hope

Jul 01

Plug Power Inc.'s (NASDAQ:PLUG) Popularity With Investors Under Threat As Stock Sinks 27%

Jun 29
Plug Power Inc.'s (NASDAQ:PLUG) Popularity With Investors Under Threat As Stock Sinks 27%

Plug Power Inc.'s (NASDAQ:PLUG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Apr 23
Plug Power Inc.'s (NASDAQ:PLUG) Stock Retreats 27% But Revenues Haven't Escaped The Attention Of Investors

Plug Power: Don't Be Early On A Longshot

Apr 04

CEO Compensation Analysis

How has Jose Crespo's remuneration changed compared to Plug Power's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

-US$2b

Sep 30 2025n/an/a

-US$2b

Jun 30 2025n/an/a

-US$2b

Mar 31 2025n/an/a

-US$2b

Dec 31 2024n/an/a

-US$2b

Sep 30 2024n/an/a

-US$1b

Jun 30 2024n/an/a

-US$1b

Mar 31 2024n/an/a

-US$1b

Dec 31 2023US$4mUS$400k

-US$1b

Sep 30 2023n/an/a

-US$950m

Jun 30 2023n/an/a

-US$837m

Mar 31 2023n/an/a

-US$774m

Dec 31 2022US$417kUS$400k

-US$724m

Sep 30 2022n/an/a

-US$693m

Jun 30 2022n/an/a

-US$629m

Mar 31 2022n/an/a

-US$556m

Dec 31 2021US$17mUS$400k

-US$460m

Sep 30 2021n/an/a

-US$751m

Jun 30 2021n/an/a

-US$710m

Mar 31 2021n/an/a

-US$619m

Dec 31 2020US$5mUS$228k

-US$596m

Sep 30 2020n/an/a

-US$130m

Jun 30 2020n/an/a

-US$83m

Mar 31 2020n/an/a

-US$92m

Dec 31 2019US$1mUS$220k

-US$86m

Compensation vs Market: Insufficient data to establish whether Jose's total compensation is reasonable compared to companies of similar size in the US market.

Compensation vs Earnings: Jose's compensation has increased whilst the company is unprofitable.

CEO

Jose Crespo (55 yo)

less than a year
Tenure
US$3,660,305
Compensation

Mr. Jose Luis Crespo has been Chief Executive Officer of Plug Power Inc. since March 2, 2026 as well as its President from October 10, 2025 and serves as its Director since March 4, 2026. He served as Chie...

Leadership Team

NamePositionTenureCompensationOwnership
Andrew Marsh
Executive Chairman17.9yrsUS$2.42m0.075%
$ 2.4m
Paul Middleton
Executive VP11.3yrsUS$4.81m0.19%
$ 6.0m
Dean Fullerton
Chief Operating Officer1.6yrsUS$2.02m0.025%
$ 803.2k
Gerard Conway
EVP, Chief Legal Officer21.5yrsUS$1.70m0.00075%
$ 23.8k
Jose Crespo
CEO, President & Directorless than a yearUS$3.66m0.026%
$ 839.7k
David Mindnich
Executive Vice President of Global Manufacturing4.7yrsno datano data
Benjamin Haycraft
Chief Strategy Officer & GM of EMEA Regionno datano data0.024%
$ 760.3k
Bridgid Brown
Chief of Staffno datano datano data
Teal Hoyos
Director of Marketing Communicationsno datano datano data
Meryl Fritz
Manager of Marketing and Communicationsno datano datano data
3.1yrs
Average Tenure
58yo
Average Age

Experienced Management: PLUG's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andrew Marsh
Executive Chairman17.9yrsUS$2.42m0.075%
$ 2.4m
Jose Crespo
CEO, President & Directorno dataUS$3.66m0.026%
$ 839.7k
George McNamee
Lead Independent Director29.2yrsUS$400.10k0.081%
$ 2.6m
Gary Willis
Independent Director23yrsUS$325.10k0.050%
$ 1.6m
Mark Bonney
Independent Director2.7yrsUS$290.10k0.015%
$ 483.8k
Colin Angle
Independent Director1.6yrsUS$193.56k0.0076%
$ 241.3k
Patrick Joggerst
Independent Director2.7yrsUS$275.10k0.014%
$ 448.6k
Maureen Helmer
Independent Director22.2yrsUS$305.10k0.027%
$ 846.3k
Gregory Kenausis
Independent Director12.4yrsUS$300.10k0.033%
$ 1.1m
Kavita Mahtani
Independent Director3.9yrsUS$285.10k0.016%
$ 523.5k
8.2yrs
Average Tenure
68yo
Average Age

Experienced Board: PLUG's board of directors are considered experienced (8.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/26 01:26
End of Day Share Price 2026/03/25 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Plug Power Inc. is covered by 37 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Moses SuttonBarclays
Moses SuttonBarclays
NEIL BEVERIDGEBernstein