vs

Side-by-side financial comparison of HOPE BANCORP INC (HOPE) and PLUG POWER INC (PLUG). Click either name above to swap in a different company.

PLUG POWER INC is the larger business by last-quarter revenue ($225.2M vs $141.0M, roughly 1.6× HOPE BANCORP INC). HOPE BANCORP INC runs the higher net margin — 20.9% vs -375.6%, a 396.6% gap on every dollar of revenue. On growth, HOPE BANCORP INC posted the faster year-over-year revenue change (21.0% vs 17.6%). Over the past eight quarters, PLUG POWER INC's revenue compounded faster (36.8% CAGR vs 9.8%).

Bank of Hope is an American bank, based in Los Angeles, that focuses on the Korean American community. The bank was first established on December 30, 1980, under the name Wilshire Bank.

Plug Power Inc. is an American company engaged in the development of hydrogen fuel cell and electrolyzer systems that replace conventional batteries in equipment and vehicles powered by electricity. The company is headquartered in Slingerlands, New York, and has facilities in Spokane, Washington, and Rochester, New York.

HOPE vs PLUG — Head-to-Head

Bigger by revenue
PLUG
PLUG
1.6× larger
PLUG
$225.2M
$141.0M
HOPE
Growing faster (revenue YoY)
HOPE
HOPE
+3.4% gap
HOPE
21.0%
17.6%
PLUG
Higher net margin
HOPE
HOPE
396.6% more per $
HOPE
20.9%
-375.6%
PLUG
Faster 2-yr revenue CAGR
PLUG
PLUG
Annualised
PLUG
36.8%
9.8%
HOPE

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HOPE
HOPE
PLUG
PLUG
Revenue
$141.0M
$225.2M
Net Profit
$29.5M
$-846.0M
Gross Margin
2.4%
Operating Margin
-338.9%
Net Margin
20.9%
-375.6%
Revenue YoY
21.0%
17.6%
Net Profit YoY
36.7%
EPS (diluted)
$0.23
$-0.70

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HOPE
HOPE
PLUG
PLUG
Q1 26
$141.0M
Q4 25
$145.8M
$225.2M
Q3 25
$141.9M
$177.1M
Q2 25
$94.5M
$174.0M
Q1 25
$116.5M
$133.7M
Q4 24
$118.0M
$191.5M
Q3 24
$116.6M
$173.7M
Q2 24
$116.9M
$143.3M
Net Profit
HOPE
HOPE
PLUG
PLUG
Q1 26
$29.5M
Q4 25
$-846.0M
Q3 25
$30.8M
$-361.9M
Q2 25
$-24.8M
$-227.1M
Q1 25
$21.1M
$-196.7M
Q4 24
$-1.3B
Q3 24
$24.2M
$-211.2M
Q2 24
$25.3M
$-262.3M
Gross Margin
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
2.4%
Q3 25
-67.9%
Q2 25
-30.7%
Q1 25
-55.3%
Q4 24
-122.5%
Q3 24
-57.6%
Q2 24
-91.6%
Operating Margin
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
26.8%
-338.9%
Q3 25
25.6%
-197.0%
Q2 25
-27.6%
-101.7%
Q1 25
23.9%
-133.5%
Q4 24
25.8%
-678.7%
Q3 24
27.5%
-124.4%
Q2 24
29.5%
-170.7%
Net Margin
HOPE
HOPE
PLUG
PLUG
Q1 26
20.9%
Q4 25
-375.6%
Q3 25
21.7%
-204.4%
Q2 25
-26.2%
-130.5%
Q1 25
18.1%
-147.1%
Q4 24
-697.5%
Q3 24
20.7%
-121.5%
Q2 24
21.6%
-183.0%
EPS (diluted)
HOPE
HOPE
PLUG
PLUG
Q1 26
$0.23
Q4 25
$0.27
$-0.70
Q3 25
$0.24
$-0.31
Q2 25
$-0.19
$-0.20
Q1 25
$0.17
$-0.21
Q4 24
$0.20
$-1.61
Q3 24
$0.20
$-0.25
Q2 24
$0.21
$-0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HOPE
HOPE
PLUG
PLUG
Cash + ST InvestmentsLiquidity on hand
$368.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$978.1M
Total Assets
$18.7B
$2.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
$368.5M
Q3 25
$165.9M
Q2 25
$140.7M
Q1 25
$295.8M
Q4 24
$205.7M
Q3 24
$93.9M
Q2 24
$62.4M
Total Debt
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$3.9M
Q2 24
$3.7M
Stockholders' Equity
HOPE
HOPE
PLUG
PLUG
Q1 26
$2.3B
Q4 25
$2.3B
$978.1M
Q3 25
$2.3B
$1.4B
Q2 25
$2.2B
$1.7B
Q1 25
$2.2B
$1.9B
Q4 24
$2.1B
$1.7B
Q3 24
$2.2B
$3.0B
Q2 24
$2.1B
$3.0B
Total Assets
HOPE
HOPE
PLUG
PLUG
Q1 26
$18.7B
Q4 25
$18.5B
$2.6B
Q3 25
$18.5B
$3.1B
Q2 25
$18.5B
$3.4B
Q1 25
$17.1B
$3.6B
Q4 24
$17.1B
$3.6B
Q3 24
$17.4B
$4.7B
Q2 24
$17.4B
$4.8B
Debt / Equity
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HOPE
HOPE
PLUG
PLUG
Operating Cash FlowLast quarter
$-148.6M
Free Cash FlowOCF − Capex
$-153.0M
FCF MarginFCF / Revenue
-67.9%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-647.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
$164.5M
$-148.6M
Q3 25
$51.7M
$-89.8M
Q2 25
$9.4M
$-191.8M
Q1 25
$26.7M
$-105.6M
Q4 24
$116.7M
$-131.2M
Q3 24
$63.0M
$-174.9M
Q2 24
$-25.6M
$-254.7M
Free Cash Flow
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
$151.5M
$-153.0M
Q3 25
$47.2M
$-117.5M
Q2 25
$6.9M
$-230.4M
Q1 25
$24.0M
$-146.0M
Q4 24
$106.9M
$-165.2M
Q3 24
$60.1M
$-234.2M
Q2 24
$-28.1M
$-356.0M
FCF Margin
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
103.9%
-67.9%
Q3 25
33.2%
-66.4%
Q2 25
7.3%
-132.5%
Q1 25
20.6%
-109.2%
Q4 24
90.6%
-86.3%
Q3 24
51.6%
-134.8%
Q2 24
-24.0%
-248.4%
Capex Intensity
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
9.0%
1.9%
Q3 25
3.2%
15.6%
Q2 25
2.6%
22.2%
Q1 25
2.3%
30.3%
Q4 24
8.3%
17.7%
Q3 24
2.5%
34.1%
Q2 24
2.2%
70.7%
Cash Conversion
HOPE
HOPE
PLUG
PLUG
Q1 26
Q4 25
Q3 25
1.68×
Q2 25
Q1 25
1.26×
Q4 24
Q3 24
2.61×
Q2 24
-1.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HOPE
HOPE

Segment breakdown not available.

PLUG
PLUG

Sales Of Equipment And Related Infrastructure$111.6M50%
Services Performed On Fuel Cell Systems And Related Infrastructure$41.5M18%
Power Purchase Agreements$36.1M16%
Sale Of Cryogenic Equipment$20.0M9%
Sales Of Fuel Cell Systems$11.2M5%
Other$4.8M2%

Related Comparisons