Plug Power Inc (PLUG) announced its Q1 2025 financial results, reporting revenue of $133.7 million, surpassing the estimated $132.16 million. The company showed an improvement in gross margin, recording a -55% loss compared to -132% in Q1 2024. Cash flow management also improved significantly, with net cash used decreasing to $152.1 million. Plug Power secured a $525 million credit facility, drawing $210 million to reduce dilution risk and retired $82.5 million of convertible debenture principal. The company increased its U.S. hydrogen production capacity to 40 tons per day and witnessed a 575% revenue surge in the electrolyzer business. Plug Power's focus on green hydrogen solutions is evident in its efforts to build a comprehensive ecosystem for production, storage, delivery, and energy generation across North America and Europe. The company aims for future growth and profitability with strategic initiatives in material handling, electrolyzers, and global expansion. Plug Power's leadership in the hydrogen economy is supported by its financial discipline and initiatives to meet the demand for clean energy solutions. The company anticipates continued improvements in gross margin, working capital performance, and revenue for Q2 2025, projecting a range between $140 million and $180 million. Plug Power's CEO, Andy Marsh, emphasized the company's progress, stating that Plug is executing with focus and urgency to drive growth in the green energy sector.