v3.26.3
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Accounts receivable, allowance for credit losses $ 38,814 $ 46,805
Contract assets, allowance for credit losses 1,557 0
Fair value of contingent consideration, current 0 4,871
Fair value of contingent consideration, non-current $ 4,167 $ 6,906
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 3,000,000,000 1,500,000,000
Common stock, shares issued (in shares) (including shares in treasury) 1,400,004,604 1,394,241,538
Common stock in treasury (in shares) 1,729,151 970,588
Total assets [1] $ 2,104,006 $ 2,594,568
Total liabilities [1] 1,392,625 1,591,254
VIE    
Total assets 13,772 51,801
Total liabilities $ 2,802 $ 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 $13,772 and $51,801 as of September 30, 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 $2,802 and $1,311 as of September 30, 2026 and December 31, 2025, respectively. Refer to Note 21, “Variable Interest Entities,” for additional information.