Plug Power Inc. (PLUG) Q1 2025 Earnings Call Transcript


Plug Power Inc. (NASDAQ:PLUG) Q1 2025 – Earnings Conference Call May 12, 2025 4:30 PM ET

Company Participants

Teal Hoyos – VP, Marketing and Communications
Andy Marsh – CEO
Jose Luis Crespo – Chief Revenue Officer

Conference Call Participants

Bill Peterson – JPMorgan
George Gianarikas – Canaccord Genuity
Colin Rusch – Oppenheimer
Eric Stine – Craig Hallum
Dushyant Ailani – Jefferies

Operator

Greetings, and welcome to the Plug Power First Quarter 2025 Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the presentation. Please note this conference is being recorded. I will now turn the conference over to Teal Hoyos, Vice President, Marketing and Communications.

Teal Hoyos

Thank you. You may begin. Thank you. Welcome to the 2025 first quarter earnings call. This call will include forward-looking statements. These forward-looking statements contain projections of our future results of operations or of our financial position or other forward-looking information. We intend these forward-looking statements to be covered by the Safe Harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We believe that it is important to communicate our future expectations to investors.

However, investors are cautioned not to unduly rely on forward-looking statements, and such statements should not be read or understood as a guarantee of future performance or results. Such statements are subject to risks and uncertainties that could cause actual results or performance to differ materially from those discussed as a result of various factors, including but not limited to risks and uncertainties discussed under Item 1A Risk Factors in our annual report on Form 10K for the fiscal year ending December 31, 2024, our quarterly report on Form 10 Q for the quarter ended March 31, 2025, as well



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