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Segment and Geographic Area Reporting (Tables)
12 Months Ended
Dec. 31, 2024
Segment and Geographic Area Reporting  
Schedule of reported segment revenue, significant segment expenses, other segment items and segment measure of profit/(loss)

Year ended

    

December 31, 2024

    

December 31, 2023

    

December 31, 2022

Total net revenue

$

628,814

$

891,340

$

701,440

Cost of revenue:

Sales of equipment, related infrastructure and other

$

(696,087)

$

(765,575)

$

(468,057)

Services performed on fuel cell systems and related infrastructure

(57,766)

(75,412)

(59,365)

Provision for loss contracts related to service

(48,539)

(86,346)

(26,801)

Power purchase agreements

(216,947)

(218,936)

(144,696)

Fuel delivered to customers and related equipment

(228,827)

(246,318)

(194,255)

Other costs of revenue

(5,535)

(6,544)

(2,622)

Operating expenses:

Research and development

$

(77,226)

$

(113,745)

$

(99,579)

Selling, general and administrative

(376,110)

(422,469)

(363,929)

Impairment

(949,315)

(269,494)

(5,218)

Other segment items, net(1)

$

(77,163)

$

(55,334)

$

(60,926)

Consolidated net loss attributable to Plug Power Inc.

$

(2,104,701)

$

(1,368,833)

$

(724,008)

(1)Included in other segment items, net are restructuring, change in fair value of contingent consideration, interest income, interest expense, other expense, net, realized loss on investments, net, change in fair value of equity securities, loss on extinguishment of convertible senior notes and debt, change in fair value of convertible senior note, loss on equity method investments, income tax benefit and net loss attributable to non-controlling interest
Schedule of revenue and long-lived assets based on geographic location

The revenue and long-lived assets based on geographic location are as follows (in thousands):

Revenues

Long-Lived Assets

Year ended

As of

    

December 31, 2024

    

December 31, 2023

    

December 31, 2022

    

December 31, 2024

    

December 31, 2023

United States

$

428,215

$

741,498

$

545,942

$

1,208,096

$

1,881,042

Other foreign countries

200,599

149,842

155,498

72,208

123,646

Total

$

628,814

$

891,340

$

701,440

$

1,280,304

$

2,004,688