Plug Power(US:PLUG) Zhi Tong Cai Jing·2025-11-10 08:13Core Viewpoint - Plug Power (PLUG.US), a leading provider of hydrogen economy solutions, is set to announce its Q3 2025 earnings on November 10, with expectations of a wider loss and slight revenue decline compared to the previous year [1] Financial Performance Expectations - The market predicts a Q3 loss per share of $0.13, which represents a 48% increase in losses year-over-year [1] - Revenue is expected to be $170.02 million, reflecting a 2.1% decline compared to the same quarter last year [1] - Over the past 30 days, analysts have collectively raised their earnings expectations by 2%, indicating a positive adjustment trend [1] Business Segment Insights - Analysts forecast "net revenue (equipment, related infrastructure, and others)" to reach $98.03 million, down 8.5% year-over-year [1] - "Fuel cell systems and related infrastructure services net revenue" is expected to be $15.47 million, up 9.3% from the previous year [1] - "Power purchase agreement net revenue" is projected at $21.20 million, a 3.6% increase year-over-year [1] - "Net revenue (including fuel and related equipment delivered to customers)" is anticipated to be $32.53 million, reflecting a 9.2% growth compared to last year [1] Profitability Metrics - The expected gross profit for "fuel cell systems and related infrastructure services" is only $160,000, a significant decrease from $5.06 million in the same quarter last year [2]