v3.26.1
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Allowance for credit losses $ 44,980 $ 46,805
Fair value of contingent consideration, current 601 4,871
Fair value of contingent consideration, non-current $ 7,185 $ 6,906
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 3,000,000,000 1,500,000,000
Common stock, shares issued (including shares in treasury) 1,395,643,390 1,394,241,538
Common stock in treasury, shares 987,495 970,588
Total assets [1] $ 2,368,184 $ 2,594,568
Total liabilities [1] 1,594,295 1,591,254
VIE    
Total assets 50,740 51,801
Total liabilities $ 2,581 $ 1,311
[1] Includes balances associated with a consolidated variable interest entity (“VIE”), including amounts reflected in “total assets” that can only be used to settle obligations of the VIE of $50,740 and $51,801 as of March 31, 2026 and December 31, 2025, respectively, as well as liabilities of the VIE reflected within “total liabilities” for which creditors do not have recourse to the general credit of Plug Power Inc. of $2,581 and $1,311 as of March 31, 2026 and December 31, 2025, respectively. Refer to Note 19, “Variable Interest Entities,” for additional information.