NPWR
NET Power Inc.
NYSE · Industrials · Industrial - Machinery · US
$1.91
+4.67%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | — | — | 250.0K | 175.0K | 580.0K |
| Cost of Revenue | 22.4M | 62.4M | 2.0M | 1.1M | 275.0K |
| Gross Profit | (22.4M) | (62.4M) | (1.7M) | (932.0K) | 305.0K |
| Operating Expenses | |||||
| R&D Expense | 115.9M | 99.5M | 63.9M | 40.0M | 19.0M |
| SG&A Expense | 37.8M | 45.3M | 33.5M | 39.9M | 18.0M |
| General & Admin Expense | 33.4M | 40.3M | 29.6M | 37.3M | 17.2M |
| Selling & Marketing Expense | 4.4M | 4.9M | 3.9M | 2.7M | 801.0K |
| Other Expenses | 198.3M | 72.4M | 82.2M | 146.8M | 13.4M |
| Total Operating Expenses | 352.0M | 217.1M | 179.6M | 226.7M | 50.3M |
| Cost and Expenses | 374.5M | 279.5M | 181.6M | 227.8M | 50.6M |
| Operating Income (EBIT) | (374.5M) | (279.5M) | (181.3M) | (227.7M) | (50.0M) |
| Non-Operating | |||||
| Interest Income | (5.0M) | 20.3M | 31.4M | 19.5M | 4.9M |
| Interest Expense | — | — | — | — | 4.8M |
| Net Interest Income | (5.0M) | 20.3M | 31.4M | 19.4M | 107.4K |
| Other Non-Op Income/Expense | (1.1B) | (1.4B) | 6.1M | 46.0M | (4.8M) |
| Non-Operating Income (excl Interest) | 1.1B | 1.4B | (6.1M) | (95.7M) | — |
| EBT (Pre-Tax Income) | (1.5B) | (1.7B) | (175.2M) | (181.7M) | (54.8M) |
| Income Tax Expense | (3.1M) | (4.3M) | (10.6M) | (5.7M) | — |
| Bottom Line | |||||
| Net Income | (521.2M) | (578.5M) | (49.2M) | (77.2M) | (54.8M) |
| Earnings from Cont. Ops | (1.5B) | (1.7B) | (164.6M) | (176.0M) | (54.8M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (521.2M) | (578.5M) | (49.2M) | (77.2M) | (54.8M) |
| Per Share | |||||
| Basic EPS | ($6.54) | ($7.34) | ($0.67) | ($1.87) | ($14.79) |
| Diluted EPS | ($6.54) | ($7.34) | ($0.67) | ($1.87) | ($14.79) |
| Revenue Per Share | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 |
| Shares | |||||
| Basic Shares Outstanding | 88.4M | 78.8M | 73.4M | 41.2M | 3.7M |
| Diluted Shares Outstanding | 88.4M | 78.8M | 73.4M | 41.2M | 3.7M |
| Profitability Metrics | |||||
| EBITDA | (1.4B) | (1.6B) | (160.9M) | (119.0M) | (36.6M) |
| D&A | 22.4M | 62.4M | 14.3M | 13.0M | 13.4M |
| EBIT | (1.5B) | (1.7B) | (175.2M) | (132.0M) | (50.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026