Plug Power press release (PLUG): Q3 Non-GAAP EPS of -$0.12 beats by $0.01.
Revenue of $177.05M (+1.9% Y/Y) beats by $0.99M.
GAAP gross loss was ~($120 million) for Q3 2025. For Q3 2024, GAAP gross loss was ~($100 million)
Adjusted gross loss for the quarter was ~($37 million) which excludes ~$84 million in various charges as addressed above. The improvement in adjusted gross loss represents a combination of ongoing cost of sales and pricing improvements, as evidenced in the reduction in operational cash burn. For Q3 2024, adjusted gross loss for Q3 2024 was ~($86 million).
