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Discontinued — last reported Q1 '26

EBIT at other companies

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NuScale PowerSMR
-$57.52M-62.8%
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Natural Gas Services GroupNGS
$13.07M+37.5%
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Flowco Holdings Inc.FLOC
$36.29M+2.7%
Nextra Energy logo
Nextra EnergyNEE
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Ormat TechnologiesORA
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ArganAGX

Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$34.2M+92.8%
Net income-$9.9M+91.7%
EPS (diluted)-$0.12+92.3%

Balance sheet

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Cash & equivalents$134.3M-55.6%
Total debt$3.6M+28.6%
Total equity$205.3M-67.8%
Total assets$542.8M-70.5%

Cash flow

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Operating cash flow-$51.1M-151%
CapEx$8.2M-8.2%
Free cash flow-$59.3M-102%

Valuation

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Market cap$147.6M-21.2%
Enterprise value$16.8M-115%

Profitability

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Gross margin91.7%+4.3pp
Operating margin-5,523,266.7%-5,662,660pp
Net margin-1,508,283.3%-1,547,773pp
FCF margin-1,076,558.3%-1,129,620pp

Returns & leverage

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Return on equity-111.4%-154pp
Debt / equity0.0×
Current ratio23.8×+0.5×

Where this comes from

Calculated from NET Power’s reported figures.

Plus components not separately reported this period.

The official record: NET Power’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NET Power's EBIT?
NET Power (NPWR) reported EBIT of -$34.19M in Q1 2026.
How has NET Power's EBIT changed year-over-year?
NET Power's EBIT increased by 92.8% year-over-year, from -$474.55M to -$34.19M.
What is the long-term trend for NET Power's EBIT?
Over 4 years (2021 to 2025), NET Power's EBIT has grown at a 529.5% compound annual growth rate (CAGR), from -$1.14M to -$1.79B.
What does EBIT mean?
Earnings before interest and taxes — the profit from the business before financing cost and tax. Uses reported operating income where a company reports it; otherwise pre-tax income plus interest expense. Lets companies be compared on earning power independent of capital structure.