Stocks · Technology · Electrical Industrial Apparatus

Net Power Inc.

NPWR Clue Score17
United States Fiscal year ends December CIK 0001845437
$1.23 -0.81% Close, 9 Oct 2026
Price $1.23 −87.54% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 6 Aug 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Operating income−0.7Net income−9.8Fiscal year 2022Revenue0.6Operating income−50.0Net income−54.8EPS, diluted−14.79Fiscal year 2024Revenue0.3 −56.9%Operating income−181.3Net income−49.2EPS, diluted−0.67Fiscal year 2025Revenue0.0 −100.0%Operating income−1,791.7Net income−578.6EPS, diluted−7.34
FY2021FY2022FY2024FY2025
Revenue n/a 0.6 0.3 0.0
Growth −56.9% −100.0%
Operating income −0.7 −50.0 −181.3 −1,791.7
Net income −9.8 −54.8 −49.2 −578.6
Growth
EPS, diluted n/a −14.79 −0.67 −7.34

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Fiscal year 2022Gross margin52.6%Operating margin−8,625.0%Net margin−9,444.5%Free cash flow margin−2,887.1%Fiscal year 2024Gross margin87.6%Operating margin−72,528.4%Net margin−19,676.4%Free cash flow margin−40,120.0%Fiscal year 2025
FY2021FY2022FY2024FY2025
Gross margin n/a 52.6% 87.6% n/a
Operating margin n/a −8,625.0% −72,528.4% n/a
Net margin n/a −9,444.5% −19,676.4% n/a
Free cash flow margin n/a −2,887.1% −40,120.0% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−1.3Fiscal year 2022Operating cash flow−16.6Capital expenditure−0.1Free cash flow−16.7Fiscal year 2024Operating cash flow−31.6Capital expenditure−68.7Free cash flow−100.3Fiscal year 2025Operating cash flow−120.8Capital expenditure−33.2Free cash flow−154.0
FY2021FY2022FY2024FY2025
Operating cash flow −1.3 −16.6 −31.6 −120.8
Capital expenditure n/a −0.1 −68.7 −33.2
Free cash flow n/a −16.7 −100.3 −154.0
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2021Cash0.4Shareholders’ equity−38.6Fiscal year 2022Cash5.2Shareholders’ equity−39.3Fiscal year 2024Cash329.2Shareholders’ equity655.6Fiscal year 2025Cash199.4Shareholders’ equity203.9
FY2021FY2022FY2024FY2025
Cash 0.4 5.2 329.2 199.4
Shareholders’ equity −38.6 −39.3 655.6 203.9

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
n/a 52.6% 87.6% n/a
n/a −8,625.0% −72,528.4% n/a
n/a n/a −70,089.6% n/a
n/a −9,444.5% −19,676.4% n/a
n/a −2,887.1% −40,120.0% n/a
Spending
n/a n/a 25,541.2% n/a
n/a 999.3% 12,106.8% n/a
n/a 19.8% 27,460.4% n/a
Returns
n/a n/a −7.5% −283.8%
−2.8% −70.1% −2.1% −96.5%
Balance and payout
12.1% 17.6% 5.8% 10.8%