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LSI Industries vs Plug Power

LSI Industries and Plug Power are similar in size: $689m and $710m of revenue in their latest fiscal years. LSI Industries grew faster (20.2% against 12.9%). LSI Industries kept more of each dollar of sales as profit: a net margin of 3.3% against -229.8%. Plug Power carries less debt relative to equity (44.3% against 71.0%).

Latest fiscal yearLSI IndustriesLYTS, 2026Plug PowerPLUG, 2025
Revenue $689m $710m
Revenue growth 20.2% 12.9%
Net income $22.6m −$1.63bn
Operating margin 5.6% -206.7%
Net margin 3.3% -229.8%
Return on equity 7.6% -120.3%
Free cash flow $39.0m −$647m
Cash $14.2m $369m
Total debt $256m $434m
Debt to equity 71.0% 44.3%
Dividend per share $0.20 —
Dividend yield 0.8% —
Share buybacks — —
Employees 3,000 2,582
Market value $769m $1.82bn
Price vs our value range Below our value range —
Moat score 35 (Weak) 12 (Weak)
Insider trades, 12 months 2 buys, 17 sales 1 buys, 8 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.