NET Power Inc. (NPWR) quarterly income statement — complete revenue, gross profit & net income history
NET Power Inc. (NPWR) annual income statement — 6-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12K | 238K | 0 | 0 | 0 | 125K | 50K | 6K | 141K | 208K | 224K | 557K | 0 |
| Revenue Growth % | - | - | - | -100% | -100% | - | - | - | 90.4% | -100% | -100% | -100% | -39.9% | -77.68% | -98.92% | - | - | - | - | - |
| Cost of Goods Sold | 0 | 3.41M | 3.45M | 15.58M | 21.67M | 4.49M | 21.33M | 1K | 899K | 324K | 406K | 289K | 304K | 178K | 22K | 3.37M | 155K | 63K | 46K | 0 |
| COGS % of Revenue | - | - | - | - | - | - | - | 8.33% | 377.73% | - | - | - | 243.2% | 356% | 366.67% | 2392.91% | 74.52% | 28.13% | 8.26% | - |
| Gross Profit | 0 | -3.41M | -3.45M | -15.58M | -21.67M | -4.49M | -21.33M | 11K | -661K | -324K | -406K | -289K | -179K | -128K | -16K | -3.23M | 53K | 161K | 511K | 0 |
| Gross Margin % | - | - | - | - | - | - | - | 91.67% | -277.73% | - | - | - | -143.2% | -256% | -266.67% | -2292.91% | 25.48% | 71.88% | 91.74% | - |
| Gross Profit Growth % | 100% | 23.99% | 83.82% | -141736.36% | -3178.21% | -1285.8% | -5154.68% | 103.81% | -269.27% | -153.13% | -2437.5% | 91.06% | -437.74% | -179.5% | -103.13% | - | - | - | - | - |
| Operating Expenses | 209.94M | 30.78M | 66.21M | 45.08M | 68.89M | 470.06M | 29.11M | 47.26M | 44.19M | 38.46M | 40.04M | 38.38M | 131.32M | 16.91M | 14.11M | 9.02M | 13.79M | 10.07M | 13.76M | 261.94K |
| OpEx % of Revenue | - | - | - | - | - | - | - | 393800% | 18568.49% | - | - | - | 105060% | 33822% | 235150% | 6397.87% | 6628.85% | 4495.09% | 2469.48% | - |
| Selling, General & Admin | 7.44M | 10.07M | 9.8M | 10.5M | 15.07M | 9.88M | 8.83M | 9.48M | 8.66M | 7.16M | 9.04M | 9.27M | 32.23M | 5.96M | 4.57M | 4.26M | 5.67M | 3.49M | 5.64M | 261.94K |
| SG&A % of Revenue | - | - | - | - | - | - | - | 79000% | 3639.92% | - | - | - | 25785.6% | 11928% | 76200% | 3019.86% | 2724.04% | 1558.04% | 1011.85% | - |
| Research & Development | 4.22M | 20.7M | 56.41M | 34.58M | 53.82M | 45.2M | 20.28M | 17.57M | 15.48M | 22.48M | 3.58M | 9.03M | 18.34M | 7.57M | 6.12M | 4.76M | 4.8M | 3.25M | 4.93M | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | 146383.33% | 6505.46% | - | - | - | 14674.4% | 15132% | 102066.67% | 3378.01% | 2306.25% | 1452.68% | 886% | - |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 0 |
| Operating Income | -209.94M | -34.19M | -69.66M | -60.66M | -90.56M | -474.55M | -50.44M | -47.24M | -44.85M | -38.78M | -40.45M | -38.67M | -131.5M | -17.04M | -14.13M | -12.25M | -13.73M | -9.91M | -13.24M | -261.94K |
| Operating Margin % | - | - | - | - | - | - | - | -393708.33% | -18846.22% | - | - | - | -105203.2% | -34078% | -235416.67% | -8690.78% | -6603.37% | -4423.21% | -2377.74% | - |
| Operating Income Growth % | -131.84% | 92.79% | -38.11% | -28.39% | -101.89% | -1123.61% | -24.7% | -22.18% | 65.89% | -127.61% | -186.36% | -215.55% | -857.44% | -71.97% | -6.65% | -4578.19% | -9275.81% | - | - | - |
| EBITDA | -206.93M | -30.78M | -66.21M | -45.08M | -68.89M | -452.87M | -29.11M | -27.04M | -41.63M | -18.75M | -37.23M | -35.45M | -128.22M | -13.71M | -10.72M | -8.93M | -10.41M | -6.58M | -10.06M | 5.05M |
| EBITDA Margin % | - | - | - | - | - | - | - | -225291.67% | -17493.49% | - | - | - | -102579.2% | -27414% | -178650% | -6332.62% | -5004.81% | -2938.84% | -1806.46% | - |
| EBITDA Growth % | -200.39% | 93.2% | -127.49% | -66.74% | -65.45% | -2315.02% | 21.83% | 23.75% | 67.53% | -36.81% | -247.35% | -297.08% | -1131.74% | -108.22% | -6.53% | -276.73% | -269.92% | - | - | - |
| D&A (Non-Cash Add-back) | 0 | 3.41M | 3.45M | 15.58M | 21.67M | 21.69M | 21.33M | 20.21M | 3.22M | 20.03M | 3.22M | 3.21M | 3.28M | 3.33M | 3.41M | 3.33M | 3.33M | 3.33M | 3.18M | 5.31M |
| EBIT | -206.93M | -25.81M | -59.89M | -1.16B | -83.67M | -58.66M | -98.42M | -11.56M | -19.57M | -45.67M | -23.85M | -38.67M | -52.45M | -17.04M | -14.13M | -12.25M | -13.73M | -9.91M | -13.24M | -261.94K |
| Net Interest Income | 2.96M | 3.35M | -16.18M | 4.83M | 5.47M | 5.88M | 6.68M | 7.99M | 7.69M | 7.69M | 8.67M | 8.68M | 2.13M | -30K | 2.91M | 1.52M | -32K | 30.48K | 8.7K | 8.7K |
| Interest Income | 2.96M | 3.35M | -16.18M | 4.83M | 5.47M | 5.88M | 6.68M | 7.99M | 7.69M | 7.69M | 8.67M | 8.68M | 2.13M | 0 | 2.91M | 1.52M | 0 | 30.48K | 8.7K | 8.7K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30K | 0 | 0 | 32K | 0 | 0 | 0 |
| Other Income/Expense | 3.01M | 8.38M | 9.77M | -1.1B | 6.89M | 101.36M | -47.99M | 35.69M | 25.28M | -6.89M | 96.16M | -53.31M | 3.14M | -28K | -3.32M | 34K | -32K | -1.44M | -579K | -5.31M |
| Pretax Income | -206.93M | -25.81M | -59.89M | -1.16B | -83.67M | -373.19M | -98.42M | -11.56M | -19.57M | -45.67M | 55.71M | -91.98M | -128.37M | -17.07M | -17.44M | -12.22M | -13.77M | -11.35M | -13.82M | -5.57M |
| Pretax Margin % | - | - | - | - | - | - | - | -96333.33% | -8222.69% | - | - | - | -102693.6% | -34134% | -290716.67% | -8666.67% | -6618.75% | -5065.63% | -2481.69% | - |
| Income Tax | 2K | 0 | -1.9M | -1.18M | -1.62M | 397K | 557K | -4.75M | -2.35M | -4.04M | -5.03M | -10K | -672K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | -0% | 0% | 3.18% | 0.1% | 1.94% | -0.11% | -0.57% | 41.06% | 12.02% | 8.84% | -9.02% | 0.01% | 0.52% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | -80.29M | -9.86M | -19.54M | -411.5M | -28.14M | -119.35M | -34.32M | 818K | -4.27M | -11.42M | 22.51M | -30.56M | -52.11M | -17.07M | -17.44M | -12.22M | -13.77M | -11.35M | -13.82M | -5.35M |
| Net Margin % | - | - | - | - | - | - | - | 6816.67% | -1793.28% | - | - | - | -41688% | -34134% | -290716.67% | -8666.67% | -6618.75% | -5065.63% | -2481.69% | - |
| Net Income Growth % | -185.31% | 91.74% | 43.06% | -50405.38% | -559.37% | -945% | -252.48% | 102.68% | 91.81% | 33.08% | 229.04% | -150.11% | -278.51% | -50.41% | -26.19% | -128.27% | -123.07% | - | - | - |
| Net Income (Continuing) | -206.93M | -25.81M | -57.99M | -1.16B | -82.05M | -373.59M | -98.98M | -6.81M | -17.22M | -41.63M | 60.73M | -91.97M | -127.69M | -17.07M | -17.44M | -12.22M | -13.77M | -11.35M | -13.82M | -5.57M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 312.55M | 331.3M | 438.73M | 1.11B | 1.16B | 1.51B | 1.48B | 1.51B | 1.64B | 1.55B | 2.16B | 1.89B | 0 | 0 | 492.64K | 525.66K | 284.97K | -390.89K | -461.36K |
| EPS (Diluted) | -0.91 | -0.12 | -0.23 | -5.28 | -0.36 | -1.55 | -0.45 | 0.01 | -0.16 | -0.16 | 0.32 | -0.44 | -1.90 | -0.40 | -0.42 | -0.72 | 1.62 | 0.39 | -0.12 | -0.12 |
| EPS Growth % | -152.78% | 92.26% | 48.89% | -47667.57% | -125% | -868.75% | -240.63% | 102.52% | 91.58% | 60% | 176.19% | 38.89% | -217.28% | -202.56% | -250% | -500% | 430.61% | - | - | - |
| EPS (Basic) | -0.91 | -0.12 | -0.23 | -5.28 | -0.36 | -1.55 | -0.45 | 0.01 | -0.16 | -0.16 | 0.32 | -0.44 | -1.90 | -0.40 | -0.42 | -0.72 | 1.62 | 0.39 | -0.12 | -0.12 |
| Diluted Shares Outstanding | 88.41M | 85.38M | 78.82M | 77.88M | 77.7M | 77M | 76.76M | 73.54M | 71.89M | 71.89M | 71.28M | 68.97M | 67.35M | 43.13M | 43.13M | 1.14M | 3.72M | 43.13M | 43.13M | 43.13M |
| Basic Shares Outstanding | 88.41M | 85.38M | 78.82M | 77.88M | 77.7M | 77M | 76.76M | 73.54M | 71.89M | 71.89M | 71.28M | 68.97M | 67.35M | 43.13M | 43.13M | 1.14M | 3.72M | 43.13M | 43.13M | 43.13M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |