NET Power (NPWR)
Develops gas-fired power technology that produces electricity and a high-purity CO2 stream.
$1.79
vs last close−0.02 (−1.10%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of revenue | 0 | 0 | 0 | 1 | 0 | 21 | 4 | 22 | 16 | 3 | 3 | 0 |
| Gross profit | 0 | 0 | 0 | −1 | 0 | −21 | −4 | −22 | −16 | −3 | −3 | 0 |
| 38 | 40 | 38 | 44 | 47 | 29 | 470 | 69 | 45 | 66 | 31 | 210 | |
| Research & development | 9 | 4 | 22 | 15 | 18 | 20 | 45 | 54 | 35 | 56 | 21 | 4 |
| 9 | 9 | 7 | 9 | 9 | 9 | 10 | 15 | 11 | 10 | 10 | 7 | |
| Selling & marketing | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| General & administrative | 8 | 8 | 6 | 8 | 8 | 8 | 9 | 14 | 9 | 9 | 9 | 6 |
| Other expenses | 20 | 27 | 9 | 20 | 20 | 0 | 415 | 0 | 0 | 0 | 0 | 198 |
| Operating income | −39 | −40 | −39 | −45 | −47 | −50 | −475 | −91 | −61 | −70 | −34 | −210 |
| −53 | 96 | −7 | 25 | 36 | −48 | 101 | 7 | −1,100 | 10 | 8 | 3 | |
| Interest income | 9 | 9 | 8 | 8 | 8 | 7 | 6 | 5 | 5 | −16 | 3 | 3 |
| Other non-operating income | 0 | −17 | 7 | −25 | −36 | 48 | −416 | −7 | 1,100 | −10 | −8 | −3 |
| Income before tax | −92 | 56 | −46 | −20 | −12 | −98 | −373 | −84 | −1,161 | −60 | −26 | −207 |
| Income tax expense | 0 | −5 | −4 | −2 | −5 | 1 | 0 | −2 | −1 | −2 | 0 | 0 |
| Net income from continuing operations | −92 | 61 | −42 | −17 | −7 | −99 | −374 | −82 | −1,160 | −58 | −26 | −207 |
| Net income | −31 | 23 | −11 | −4 | 1 | −34 | −119 | −28 | −411 | −20 | −10 | −80 |
| EPS, basic | −$0.44 | $0.32 | −$0.16 | −$0.16 | $0.01 | −$0.45 | −$1.55 | −$0.36 | −$5.28 | −$0.23 | −$0.12 | −$0.91 |
| EPS, diluted | −$0.44 | $0.32 | −$0.16 | −$0.16 | $0.01 | −$0.45 | −$1.55 | −$0.36 | −$5.28 | −$0.23 | −$0.12 | −$0.91 |
| Weighted average shares, basic | 69 | 71 | 72 | 72 | 74 | 77 | 77 | 78 | 78 | 79 | 85 | 88 |
| Weighted average shares, diluted | 69 | 71 | 72 | 72 | 74 | 77 | 77 | 78 | 78 | 79 | 85 | 88 |
| EBITDA | −35 | −21 | −26 | −16 | 9 | −77 | −37 | −62 | −1,145 | −56 | −22 | −207 |
| Depreciation & amortization | 3 | 3 | 20 | 3 | 20 | 21 | 22 | 22 | 16 | 3 | 3 | 0 |
| EBIT | −39 | −24 | −46 | −20 | −12 | −98 | −59 | −84 | −1,161 | −60 | −26 | −207 |
