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Plug Power (PLUG) Q1 2026: Revenue Beat & Margin Recovery
Plug Power delivered a stronger-than-expected Q1 2026 report, signaling that its operational turnaround is gaining traction. Driven by higher sales and narrowing losses, the stock reacted with double-digit gains. The Numbers at a Glance Revenue: $163.5M (vs. $140M expected) – a 22% YoY increase. Operating Loss: Improved to $110M from $180M a year ago. Gross Margin: Jumped to (13%), a massive recovery from (55%) in Q1 2025. Path to EBITDA: Management reaffirmed a goal for posi
3 days ago1 min read
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