What is NET Power's gross profit?

NET Power (NPWR) reported gross profit of $0 in Q4 2025.

What is the long-term trend for NET Power's gross profit?

Over 2 years (2023 to 2025), NET Power's gross profit has grown at a -100.0% compound annual growth rate (CAGR), from $222K to $0.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

NET Power NPWR Gross Profit

Discontinued — last reported Q4 '25

Gross Profit at other companies

Ormat TechnologiesORA

$120.37M+65.1%

NuScale PowerSMR

$21K-99.7%

ArganAGX

$61.11M+65.8%

Natural Gas Services GroupNGS

$30.25M+24.7%

GE VernovaGEV

$1.78B+21.2%

Atlas Energy SolutionsAESI

$51.56M-43.7%

Other financials

Income statement

See full

Revenue-—

Operating income-$34.2M+92.8%

Net income-$9.9M+91.7%

EPS (diluted)-$0.12+92.3%

Balance sheet

See full

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

See full

Operating cash flow-$51.1M-151%

CapEx$8.2M-8.2%

Free cash flow-$59.3M-102%

Valuation

See full

Market cap$147.6M-20.2%

Enterprise value$16.8M-117%

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

See full

Return on equity-111.4%-154pp

Debt / equity0×0.0×

Current ratio23.8×+0.5×

Where this comes from

Calculated from NET Power’s reported figures.

-total revenue−-total cost of revenue=$0

The official record: NET Power’s 10-K, filed March 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NET Power's gross profit?: NET Power (NPWR) reported gross profit of $0 in Q4 2025.
What is the long-term trend for NET Power's gross profit?: Over 2 years (2023 to 2025), NET Power's gross profit has grown at a -100.0% compound annual growth rate (CAGR), from $222K to $0.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.