Plug Power Q4 2025 Earnings Beat and First Positive Gross Margin
- Q4 2025 revenue of $225.2M beat estimates of $217M
- Adjusted EPS loss of $0.06 beat estimates of $0.10 loss
- First positive quarterly gross margin after prolonged losses
- 2025 revenue reached $710M with 12.9% year-over-year growth
- Historic shift signaling operational turnaround
- Reinforces company scalability and growth trajectory