Segment Reporting

9 Months Ended

Sep. 30, 2023

Segment Reporting

Segment Reporting

22. Segment Reporting

Our organization is managed from a sales perspective on the basis of “go-to-market” sales channels, emphasizing shared learning across end user applications and common supplier/vendor relationships. These sales channels are structured to serve a range of customers for our products and services. As a result of this structure, we concluded that we have one operating and reportable segment — the design, development and sale of fuel cells and hydrogen producing equipment. Our chief executive officer was identified as the chief operating decision maker (CODM). All significant operating decisions made by management are largely based upon the analysis of Plug Power Inc. on a total company basis.

The revenue and long-lived assets based on geographic location are as follows (in thousands):

	Revenues				Revenues				Long-Lived Assets as of
	Three Months Ended				Nine Months Ended
	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022		September 30, 2023		December 31, 2022
North America	$	156,645	$	157,426	$	557,644	$	385,620	$	1,721,516	$	1,209,900
Europe		34,097		15,582		86,367		51,390		95,670		13,215
Asia		3,128		13,528		12,746		36,219		—		—
Other		4,841		2,092		12,422		7,469		3,428		—
Total	$	198,711	$	188,628	$	669,179	$	480,698	$	1,820,614	$	1,223,115