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NET Power NPWR Total Cost of Revenue

Discontinued — last reported Q4 '25

Total Cost of Revenue at other companies

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Ormat TechnologiesORA
$283.54M+80.8%
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NuScale PowerSMR
$544K-91.5%
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ArganAGX
$229.84M+46.6%
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Natural Gas Services GroupNGS
$18.22M+6.4%
FuelCell Energy logo
FuelCell EnergyFCEL
$48.52M+3.6%
GE Vernova logo
GE VernovaGEV
$7.56B+15.2%

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

Reported directly by NET Power in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

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 total cost of revenue?
NET Power (NPWR) reported total cost of revenue of $0 in Q4 2025.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.