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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Net revenue:    
Net revenue $ 133,674 $ 120,264
Cost of revenue:    
Total cost of revenue 207,535 279,339
Gross loss (73,861) (159,075)
Operating expenses:    
Research and development 17,357 25,280
Selling, general and administrative 80,839 77,959
Restructuring 17,154 6,011
Impairment 1,064 284
Change in fair value of contingent consideration (11,819) (9,200)
Total operating expenses 104,595 100,334
Operating loss (178,456) (259,409)
Interest income 5,153 9,277
Interest expense (11,486) (11,325)
Other income/(expense), net 1,290 (6,996)
Loss on extinguishment of convertible debt instruments and debt (3,652) (14,047)
Change in fair value of convertible debenture (7,338)  
Loss on equity method investments (2,370) (13,113)
Loss before income taxes (196,859) (295,613)
Income tax expense 0 (163)
Net loss (196,859) (295,776)
Net loss attributable to non-controlling interest (203)  
Net loss attributable to Plug Power Inc. $ (196,656) $ (295,776)
Net loss per share attributable to Plug Power Inc.:    
Net loss per share, basic (in dollars per share) $ (0.21) $ (0.46)
Net loss per share, diluted (in dollars per share) $ (0.21) $ (0.46)
Weighted average number of common stock outstanding, basic (in shares) 945,767,987 641,256,134
Weighted average number of common stock outstanding, diluted (in shares) 945,767,987 641,256,134
Sales of equipment, related infrastructure and other    
Net revenue:    
Net revenue $ 63,506 $ 68,295
Cost of revenue:    
Cost of revenue 74,556 135,125
Services performed on fuel cell systems and related infrastructure    
Net revenue:    
Net revenue 16,874 13,023
Cost of revenue:    
Cost of revenue 14,462 12,957
Provision for loss contracts related to service    
Cost of revenue:    
Cost of revenue 8,888 15,745
Power purchase agreements    
Net revenue:    
Net revenue 23,210 18,304
Cost of revenue:    
Cost of revenue 49,932 55,228
Fuel delivered to customers and related equipment    
Net revenue:    
Net revenue 29,457 18,286
Cost of revenue:    
Cost of revenue 59,354 58,573
Other    
Net revenue:    
Net revenue 627 2,356
Cost of revenue:    
Cost of revenue $ 343 $ 1,711