Plug Power Competitors and Similar CompaniesClear all
Plug Power's competitors and similar companies include Doosan Fuel Cell, Pajarito Powder, Ceres, ZeroAvia, HyAxiom, EnergyNova, Bloom Energy, Ballard Power Systems and Intelligent Energy.
 Pajarito Powder Pajarito Powder is a company that manufactures catalyst materials for fuel cell and electrolyzer applications. |  HyAxiom HyAxiom (formerly known as Doosan Fuel Cell America) is a company that provides hydrogen-based energy solutions. |  EnergyNova EnergyNova is a company that designs and manufactures hydrogen-based batteries that can be used in a range of consumer applications. |  Bloom Energy Bloom Energy is a renewable energy company that offers solid oxide fuel cell-based power generation solutions. |  Ballard Power Systems Ballard Power Systems is a provider of hydrogen fuel cell products and services. | ||||||
Founding Date | Founding Date 1997 | Founding Date 2014 | Founding Date 2012 | Founding Date 2001 | Founding Date 2017 | Founding Date 2014 | Founding Date 2016 | Founding Date 2001 | Founding Date 1979 | Founding Date 2001 |
Type | Type Public | Type Public | Type Private | Type Public | Type Private | Type Subsidiary | Type Private | Type Public | Type Public | Type Private |
Tags | ||||||||||
Locations | Locations Latham, US HQ | Locations Iksan, KR HQ Seoul, KR Suwon, KR | Locations Albuquerque, US HQ Albuquerque, US | Locations West Sussex, GB HQ Shanghai, CN Osaka, JP Seoul, KR Nuneaton, GB Redhill, GB | Locations Everett, US HQ Cirencester, GB Sandwich, GB Hollister, US | Locations East Hartford, US HQ Boston, US South Windsor, US | Locations Singapore, SG HQ | Locations San Jose, US HQ Bangalore, IN Mumbai, IN Tokyo, JP Seoul, KR Dubai, AE Newark, US | Locations Burnaby, CA HQ Guangzhou, CN Weifang, CN Hobro, DK Bend, US | Locations Loughborough, GB HQ Tokyo, JP Cupertino, US |
Employees | Employees 3,22410% decrease | Employees 4536% decrease | Employees 403% increase | Employees 478 | Employees 21734% decrease | Employees 2431% increase | Employees 4 | Employees 2,12711% decrease | Employees 887 | Employees 18920% decrease |
Valuation ($) | Valuation ($) 2 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 5 m | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 2.3 b | Valuation ($) 497.3 m | Valuation ($) N/A |
Financial | ||||||||||
Revenue (est.) | Revenue (est.) $709.9m (FY, 2025) | Revenue (est.) ₩454.8b (FY, 2025) | Revenue (est.) N/A | Revenue (est.) £32.6m (FY, 2025) | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) N/A | Revenue (est.) $2b (FY, 2025) | Revenue (est.) $99.4m (FY, 2025) | Revenue (est.) £7.1m (FY, 2024) |
Cost of goods | Cost of goods $952m (FY, 2025) | Cost of goods ₩496.1b (FY, 2025) | Cost of goods N/A | Cost of goods £2.1m (FY, 2025) | Cost of goods N/A | Cost of goods N/A | Cost of goods N/A | Cost of goods $18m (FY, 2025) | Cost of goods $89.8m (FY, 2025) | Cost of goods £9.6m (FY, 2024) |
Gross profit | Gross profit ($242m) (FY, 2025) | Gross profit (₩40.4b) (FY, 2025) | Gross profit N/A | Gross profit £33.7m (FY, 2025) | Gross profit N/A | Gross profit N/A | Gross profit N/A | Gross profit $587.4m (FY, 2025) | Gross profit $9.6m (FY, 2025) | Gross profit (£2.5m) (FY, 2024) |
Net income | Net income ($1.7b) (FY, 2025) | Net income (₩132.8b) (FY, 2025) | Net income N/A | Net income (£47.5m) (FY, 2025) | Net income N/A | Net income N/A | Net income N/A | Net income ($87.1m) (FY, 2025) | Net income ($90.9m) (FY, 2025) | Net income (£21.1m) (FY, 2024) |
Operating ⚠ | ||||||||||
Partners | Partners N/A | Partners N/A | Partners N/A | Partners N/A | Partners N/A | Partners N/A | Partners 8 (Jan, 2019) | Partners N/A | Partners N/A | Partners 17 (Aug, 2023) |
Product Categories | Product Categories N/A | Product Categories N/A | Product Categories 3 (Sep, 2020) | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories N/A | Product Categories 4 (Aug, 2023) |
Trademarks | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks 2 (FY, 2019) | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks 62 (FY, 2021) | Trademarks N/A |
Trademarks Pending | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending N/A | Trademarks Pending 2 (FY, 2022) | Trademarks Pending 8 (FY, 2021) | Trademarks Pending N/A |
Funding | ||||||||||
Total funding raised | Total funding raised $ 87.7m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 312m | Total funding raised $ 110m | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 174.7m | Total funding raised N/A |
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View Company Profiles
Doosan Fuel Cell
HQ
Iksan, KR
Employees
453↓ 6% decrease
Doosan Fuel Cell is an energy company.
View companyPajarito Powder
HQ
Albuquerque, US
Employees
40↑ 3% increase
Pajarito Powder is a company that manufactures catalyst materials for fuel cell and electrolyzer applications.
View company
Ceres
HQ
West Sussex, GB
Employees
478
Ceres Power Holdings is a company that develops clean energy technology.
View company
ZeroAvia
HQ
Everett, US
Employees
217↓ 34% decrease
ZeroAvia is a company that specializes in hydrogen-electric aviation products.
View company