Skip to main content
Plug Power10-Q: Margin pressure

Maintains a $53.2M accrual for losses on extended maintenance contracts.

What happened

Plug Power continues to carry a significant liability for expected losses on its extended maintenance contracts, totaling $53.2 million as of Q1 2026. This ongoing financial drag highlights a major operational challenge in servicing its products profitably, creating pressure to find solutions that improve service efficiency and reduce long-term costs.

Source

SEC EDGARMay 11, 2026

Quarterly report (Form 10-Q)

Plug Power 10-Q

Filing excerpt

On a quarterly basis, we evaluate any potential losses related to our extended maintenance contracts for sales of equipment, related infrastructure and other that have been sold.

sec.gov/Archives/edgar/data/1093691/000110465926058712/plug-20260331x...Read the full source

Other signals in this filing (8)

Extracted by Autobound

From the Signal API record
Signal
10-Q: Margin pressure

What this signalsFilings often name leadership changes, deals and spending plans.

Filed
May 11, 2026

More 10-Q signals at other companies

The full record

From the Signal API record

Numbers

Dollar figure
$53.2M (Ending balance of accrual for loss contracts as of March 31, 2026.)

Details

CIK
1093691
Accession number
0001104659-26-058712
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Efficiency tools needed
Signal category
Financial

Extraction

Confidence
High
Relevance
80%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
marginPressure

Use this data

Get every 10-Q signal for Plug Power and the companies you sell to, in the tools you already use.

  1. Ask Claude about it

    Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Plug Power this week?”

  2. Send it to your own tools

    The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.

  3. Try it free

    Sign up and spend your free credits on the companies you sell to.

    Start Free1,000 free credits

The API returns more than this page shows

This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/b37273a3-d806-49e6-867b-4e8ac5953c9c returns this record as JSON. POST /v1/companies/enrich returns every signal for plugpower.com.

{
  "signal_id": "b37273a3-d806-49e6-867b-4e8ac5953c9c",
  "signal_type": "sec-10q",
  "signal_subtype": "marginPressure",
  "detected_at": "2026-05-12T09:24:55.82+00:00",
  "company": {
    "name": "Plug Power",
    "domain": "plugpower.com"
  },
  "data": {
    "detail": "Plug Power continues to carry a significant liability for expected losses on its extended maintenance contracts, totaling $53.2 million as of Q1 2026. This ongoing financial drag highlights a major operational challenge in servicing its products profitably, creating pressure to find solutions that improve service efficiency and reduce long-term costs.",
    "metrics": {
      "timeframe": "current_quarter",
      "dollar_context": "Ending balance of accrual for loss contracts as of March 31, 2026.",
      "dollar_millions": 53.189
    },
    "summary": "Maintains a $53.2M accrual for losses on extended maintenance contracts.",
    "excerpts": "On a quarterly basis, we evaluate any potential losses related to our extended maintenance contracts for sales of equipment, related infrastructure and other that have been sold.",
    "relevance": 0.8,
    "sentiment": "negative",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/1093691/000110465926058712/plug-20260331x10q.htm",
    "filing_date": "2026-05-11",
    "filing_year": 2026,
    "fiscal_year": 0,
    "sales_relevance": "Efficiency tools needed",
    "signal_category": "financial"
  }
}

Long text fields are shortened on this page.

Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.