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NPWR logoNET Power Inc. (NPWR) Earnings History

Annual and quarterly earnings data from 2020 to 2025

TTM Net Income
-$579M
Net Loss
TTM EPS
$-7.34
Diluted
YoY EPS Growth
-995.5%
Declining
Net Margin
N/A
Profitability
Operating MarginN/A
Gross MarginN/A
ROE-42.9%
ROA-40.0%
Highest Annual Net Income-$36M (2020)
Highest Quarterly EPS$1.62 (Q2 2022)
Consecutive Profitable Years0 years
Q4 2025
Net Income-$20M
EPS$-0.15
QoQ Growth+95.3%Excellent

Loading earnings history...

NPWR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
N/A
N/M
3-Year
N/A
N/M
5-Year
N/A
N/M
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NPWR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
2025---
2024-685.2%-72528.4%-19676.4%
2023-532.6%-130091.4%-44132.6%
202252.6%-8625.0%-9444.5%
202160.6%-1793.1%-1820.5%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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NET Power Inc. (NPWR) Earnings Overview

As of May 8, 2026, NET Power Inc. (NPWR) reported trailing twelve-month net income of -$579M, reflecting -995.5% year-over-year growth. The company earned $-7.34 per diluted share over the past four quarters.

Looking at the long-term picture, NPWR's historical earnings data spans multiple years. The company achieved its highest annual net income of -$36M in fiscal 2020.

NET Power Inc. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →

Compared to peers including CLNE (-$99M net income, -52.3% margin), HYLN (-$57M net income, -1645.7% margin), AMRC ($31M net income, 2.3% margin), NPWR has comparable earnings metrics. Compare NPWR vs CLNE →

NPWR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NPWR logoNPWRCurrent
-$579M$-7.34--42.9%-995.5%—
CLNE logoCLNE
-$99M$-0.45-52.3%-34.6%-173.0%
HYLN logoHYLN
-$57M$-0.32-1645.7%-26.2%-10.0%
AMRC logoAMRC
$31M$0.602.3%4.1%-22.4%
TPVG logoTPVG
-$12M$-0.1050.6%14.1%+48.8%
NET logoNET
-$87M$-0.25-4.7%-8.2%-26.1%
Best in group
Lowest in group

NPWR Historical Earnings Data (2020–2025)

6 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025-$579M-1076.1%$0$-7.34--
2024-$49M+36.3%-$181M$-0.67-19676.4%-72528.4%
2023-$77M-41.0%-$228M$-1.87-44132.6%-130091.4%
2022-$55M-43.1%-$50M$-14.79-9444.5%-8625.0%
2021-$38M-5.2%-$38M$-0.23-1820.5%-1793.1%
2020-$36M--$36M$-10.49-80897.8%-80882.2%

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Is NPWR Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare NPWR vs SPIR

Side-by-side business, growth, and profitability comparison vs Spire Global, Inc..

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NPWR — Frequently Asked Questions

Quick answers to the most common questions about buying NPWR stock.

Is NPWR growing earnings?

NPWR EPS fell to $-7.34, with earnings declining -995.5%. This contrasts with the 5-year CAGR of N/A. TTM net income dropped to $-579M.

What are NPWR's profit margins?

NET Power Inc. net margin is N/A, with operating margin at N/A. Below-average margins reflect competitive or cost pressures.

How consistent are NPWR's earnings?

NPWR earnings data spans 2020-2025. The declining earnings trend is -995.5% YoY. Historical data enables comparison across business cycles.

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NPWR Earnings Over Time (2020–2025)

Net income and EPS trends