As Plug Power prepares to announce its Q1 results on Monday, the company celebrates its first positive gross margin of 2.4%, indicating a potential turnaround. Despite facing eight consecutive earnings per share misses, Plug Power reported a notable 17.6% year-over-year revenue increase to $225.2 million. The company is targeting positive EBITDAS by Q4 2026 and full profitability by the end of 2028, supported by a recent $132.5 million asset sale.
“Plug Power · is set to report · Q1 results · Monday after the close”
“Plug Power · posted · its first positive gross margin · 2.4%”
“Plug Power · is targeting · positive EBITDAS · in Q4 2026”
“Plug Power · is targeting · positive operating income · by the end of 2027”
“Plug Power · is targeting · full profitability · by the end of 2028”
“Plug Power · has missed EPS estimates · in 8 consecutive reports · true”
“Plug Power · reported revenue of · Q4 · $225.2M”
“Plug Power · faced · EPS estimates misses · 8 consecutive reports”
“Plug Power · is set to report · Q1 results · on Monday after the close”
“Plug Power · posted · first positive gross margin · 2.4%”
“Plug Power · reported revenue of · $225.2M · up 17.6% Y/Y”
“Plug Power · targets · positive EBITDAS · in Q4 2026”