NET Power Inc. (NPWR)

1.83 -3.17% (-0.06)

Over 5Y: -81.3%

2026-08-28
Style
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5 10 15
2021 2022 2023 2024 2025 2026

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '23 — Revenue: 931K Q3 '23 — Operating Cash Flow: 119K Q3 '23 — Free Cash Flow: -3.3M Q4 '23 — Revenue: 704K Q4 '23 — Operating Cash Flow: -3M Q4 '23 — Free Cash Flow: -8.3M Q1 '24 — Revenue: 751K Q1 '24 — Operating Cash Flow: -2.7M Q1 '24 — Free Cash Flow: -12.2M Q2 '24 — Revenue: 876K Q2 '24 — Operating Cash Flow: -8.2M Q2 '24 — Free Cash Flow: -15.9M Q3 '24 — Revenue: 1M Q3 '24 — Operating Cash Flow: -7.8M Q3 '24 — Free Cash Flow: -30.1M Q4 '24 — Revenue: 1.2M Q4 '24 — Operating Cash Flow: -13M Q4 '24 — Free Cash Flow: -42.1M Q1 '25 — Revenue: 1.2M Q1 '25 — Operating Cash Flow: -20.4M Q1 '25 — Free Cash Flow: -29.3M Q2 '25 — Revenue: 1.5M Q2 '25 — Operating Cash Flow: -24.6M Q2 '25 — Free Cash Flow: -27.7M Q3 '25 — Revenue: 1.4M Q3 '25 — Operating Cash Flow: -48M Q3 '25 — Free Cash Flow: -51.1M Q4 '25 — Revenue: 838K Q4 '25 — Operating Cash Flow: -27.8M Q4 '25 — Free Cash Flow: -45.9M Q1 '26 — Revenue: 1.2M Q1 '26 — Operating Cash Flow: -51.1M Q1 '26 — Free Cash Flow: -59.3M Q2 '26 — Revenue: 1M Q2 '26 — Operating Cash Flow: -9.6M Q2 '26 — Free Cash Flow: -10.4M -45M -30M -15M 0 15M
Q4 '23 Q2 '24 Q4 '24 Q2 '25 Q4 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

1.0
SBC / sales 747.1%
Accruals -113.7%
Asset turnover 0.013×
Capex / sales 680.3%
ROA -154.1%
ROCE -458.5%
ROE -624.1%
EBITDA margin —
FCF margin —
OCF / EBIT —
OCF margin —
OE margin —
Oper. margin —
Profit margin —
ROIC —

1 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

1.0
RPO / sales —
RPO growth —
Segment HHI —

2 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

6.5
Current ratio 17.8×
ND/EBITDA —
Interest cover -50716.4×
Cash / Debt 9344.5×
Debt / Eq 0.0004×
Debt payback 0.0 yr
Quick ratio 17.8×
Cash runway 1.8 yr
F-score 2.2 pts
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

1.0
Sales/sh Y/Y -16.0%
Sales Q/Q -31.8%
Div. growth —
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —
Sales CAGR 4Y —

3 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.