NET Power Inc. (NPWR) — Financial statements
Income statement, balance sheet, and cash flow for NET Power Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 0.00↓100.0% | 0.25↑42.9% | 0.18↓69.8% | 0.58↓72.4% | 2 | |
| Cost of Revenue | 62↑3078.1% | 2↑77.3% | 1↑302.5% | 0.28↓66.8% | 0.83 | |
| Gross Profit | -62↓3542.0% | -2↓83.8% | -0.93↓405.6% | 0.31↓76.1% | 1 | |
| Operating Expenses | ||||||
| R&D Expenses | 100↑55.8% | 64↑59.5% | 40↑111.2% | 19↑87.5% | 10 | |
| General & Administrative Expenses | 40↑36.1% | 30↓20.4% | 37↑116.8% | 17↑8.2% | 16 | |
| Selling & Marketing Expenses | 5↑27.1% | 4↑45.3% | 3↑232.1% | 0.80↑217.9% | 0.25 | |
| SG&A Expenses | 45↑35.1% | 34↓16.1% | 40↑121.9% | 18↑11.5% | 16 | |
| Other Expenses | 72↓12.0% | 82↓44.0% | 147↑996.4% | 13↑5.1% | 13 | |
| Operating Expenses | 217↑20.9% | 180↓20.8% | 227↑350.5% | 50↑29.1% | 39 | |
| Total Costs & Expenses | 280↑54.0% | 182↓20.3% | 228↑350.2% | 51↑27.1% | 40 | |
| Operating Results | ||||||
| Operating Income | -280↓54.2% | -181↑20.4% | -228↓355.1% | -50↓32.7% | -38 | |
| Depreciation & Amortization | 62↑336.5% | 14↑9.6% | 13↓2.6% | 13↑5.1% | 13 | |
| EBITDA | -217↓30.0% | -167↓40.4% | -119↓224.7% | -37↓46.7% | -25 | |
| EBIT | -280↓54.2% | -181↓37.4% | -132↓163.9% | -50↓32.7% | -38 | |
| Interest & Other Income | ||||||
| Net Interest Income | 20↓35.3% | 31↑61.4% | 19↑505.8% | -5↓26221.8% | 0.02 | |
| Interest Income | 20↓35.3% | 31↑61.2% | 19 | 0.00↓100.0% | 0.02 | |
| Interest Expense | 0.00 | 0.00 | 0.00↓100.0% | 5 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00↑100.0% | -96 | 0.00 | 0.00 | |
| Other Income / Expenses | -1,398↓23032.6% | 6↓86.7% | 46↑1067.0% | -5↓723.7% | -0.58 | |
| Income Before Tax | -1,678↓857.5% | -175↑3.6% | -182↓231.7% | -55↓43.1% | -38 | |
| Income Tax Expense | -4↑59.3% | -11↓85.4% | -6 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -1,673↓916.4% | -165↑6.4% | -176↓221.3% | -55↓43.1% | -38 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -579↓1076.1% | -49↑36.3% | -77↓41.0% | -55↓43.1% | -38 | |
| Bottom-Line Net Income | -579↓1076.1% | -49↑36.3% | -77↓41.0% | -55↓43.1% | -38 | |
| EPS (Basic) | -7.34↓995.5% | -0.67↑64.2% | -1.87↑87.4% | -14.79↓6330.4% | -0.23 | |
| EPS (Diluted) | -7.34↓995.5% | -0.67↑64.2% | -1.87↑87.4% | -14.79↓6330.4% | -0.23 | |
| Weighted Average Shares | 79↑7.4% | 73↑78.2% | 41↓42.2% | 71↑65.3% | 43 | |
| Weighted Average Diluted Shares | 79↑7.4% | 73↑78.2% | 41↓42.2% | 71↑65.3% | 43 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.