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PLUG: Net loss widened to $363.5M in Q3 2025 on higher impairments, despite revenue growth

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Q3 2025 saw revenue rise 1.9% year-over-year to $177.1M, but net loss widened to $363.5M due to significant impairments, restructuring, and inventory write-downs. Liquidity remains adequate for at least 12 months, supported by recent capital raises and cost-reduction initiatives.

Original document: Plug Power, Inc. [PLUG] SEC 10-Q Quarterly Report — Nov. 10 2025

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