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NET Power NPWR Net Income

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Other financials

Income statement

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Revenue-
Gross profit-
Operating income-$34.2M+92.8%
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

Reported directly by NET Power in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

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 net income?
NET Power (NPWR) reported net income of -$9.86M in Q1 2026.
How has NET Power's net income changed year-over-year?
NET Power's net income increased by 91.7% year-over-year, from -$119.35M to -$9.86M.
What is the long-term trend for NET Power's net income?
Over 4 years (2021 to 2025), NET Power's net income has grown at a 128.1% compound annual growth rate (CAGR), from -$21.36M to -$578.63M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.