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Plug Power10-Q: Supplier concentration

New risk factor discloses supply chain disruptions in Strait of Hormuz are increasing costs and delaying deliveries.

What happened

The company has added a new material risk factor regarding international shipping disruptions, specifically citing the Strait of Hormuz. This is causing delivery delays and forcing the use of more expensive alternative logistics, creating a significant operational and financial pain point around supply chain resilience and cost management.

Source

SEC EDGARMay 11, 2026

Quarterly report (Form 10-Q)

Plug Power 10-Q

Filing excerpt

Disruptions to international shipping routes and regional instability, including in and around the Strait of Hormuz, may delay deliveries, increase costs, and adversely affect our ability to fulfill customer orders and recognize revenue.

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: Supplier concentration

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

Details

CIK
1093691
Accession number
0001104659-26-058712
Timeframe
Current quarter
Filing year
2026
Fiscal year
0
Why it matters
Risk management needed
Signal category
Market

Topics and mentions

Regions named

  • Middle East

Extraction

Confidence
High
Relevance
90%
Sentiment
Negative
Detected
May 12, 2026
signal_type
sec-10q
signal_subtype
supplierConcentration

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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/21f52fa2-a1fd-4721-ae5e-b3c22e66058b returns this record as JSON. POST /v1/companies/enrich returns every signal for plugpower.com.

{
  "signal_id": "21f52fa2-a1fd-4721-ae5e-b3c22e66058b",
  "signal_type": "sec-10q",
  "signal_subtype": "supplierConcentration",
  "detected_at": "2026-05-12T09:24:55.82+00:00",
  "company": {
    "name": "Plug Power",
    "domain": "plugpower.com"
  },
  "data": {
    "detail": "The company has added a new material risk factor regarding international shipping disruptions, specifically citing the Strait of Hormuz. This is causing delivery delays and forcing the use of more expensive alternative logistics, creating a significant operational and financial pain point around supply chain resilience and cost management.",
    "metrics": {
      "timeframe": "current_quarter"
    },
    "summary": "New risk factor discloses supply chain disruptions in Strait of Hormuz are increasing costs and delaying deliveries.",
    "excerpts": "Disruptions to international shipping routes and regional instability, including in and around the Strait of Hormuz, may delay deliveries, increase costs, and adversely affect our ability to fulfill customer orders and recognize revenue.",
    "relevance": 0.9,
    "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": "Risk management needed",
    "signal_category": "market",
    "regions_mentioned": [
      "Middle East"
    ]
  }
}

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