NPWR
NET Power Inc.
NYSE: NPWR · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$1.91
+4.95% today
Updated 2026-04-30
Market cap
$157.32M
P/E ratio
—
P/S ratio
16,985.34x
EPS (TTM)
$-7.34
Dividend yield
—
52W range
$1 – $5
Volume
0.7M
NET Power Inc. (NPWR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $45000.00 | $2.10M | $580000.00 | $175000.00 | $250000.00 | $0.00 |
| Revenue growth (YoY) | — | +4573.3% | -72.4% | -69.8% | +42.9% | -100.0% |
| Cost of revenue | $37000.00 | $829000.00 | $275000.00 | $1.11M | $1.96M | $62.39M |
| Gross profit | $8000.00 | $1.27M | $305000.00 | $-932000.00 | $-1.71M | $-62.39M |
| Gross margin | 17.8% | 60.6% | 52.6% | -532.6% | -685.2% | — |
| R&D | $7.39M | $10.11M | $18.95M | $40.03M | $63.85M | $99.51M |
| SG&A | $14.43M | $15.88M | $17.19M | $37.26M | $29.64M | $40.34M |
| Operating income | $-36.40M | $-37.71M | $-50.02M | $-227.66M | $-181.32M | $-279.53M |
| Operating margin | -80882.2% | -1793.1% | -8625.0% | -130091.4% | -72528.4% | — |
| EBITDA | $-23.39M | $-24.97M | $-36.64M | $-118.97M | $-167.03M | $-217.14M |
| EBITDA margin | -51982.2% | -1187.4% | -6316.9% | -67980.0% | -66810.8% | — |
| EBIT | $-36.40M | $-37.71M | $-50.02M | $-132.01M | $-181.32M | $-279.53M |
| Interest expense | — | — | $4.79M | — | $31.39M | — |
| Income tax | — | $8.71M | $-4.74M | $-5.71M | $-10.58M | — |
| Effective tax rate | 0.0% | -29.4% | 8.0% | 6.9% | 17.7% | 0.0% |
| Net income | $-36.40M | $-38.29M | $-54.78M | $-77.23M | $-49.19M | $-578.53M |
| Net income growth (YoY) | — | -5.2% | -43.1% | -41.0% | +36.3% | -1076.1% |
| Profit margin | -80897.8% | -1820.5% | -9444.5% | -44132.6% | -19676.4% | — |