Plug Power Inc.
(NASDAQ:PLUG) stock traded higher Tuesday after the company reported better-than-expected second-quarter results following Monday's closing bell.
Plug Power reported second-quarter revenue of $178.30 million, up 9% from the first quarter and above the Street consensus estimate of $169.41 million.
The hydrogen technology company reported an adjusted loss of 7 cents per share, narrower than the 8-cent-per-share loss analysts expected.
Gross margin reached breakeven, a sharp improvement from negative 31% in the second quarter of 2025 and negative 13% in the first quarter of 2026.
