TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›NPWR›Financials
Annual statements · SEC XBRL · FY2021 – FY2025

NET Power Inc. (NPWR) financials

Income statement

NET Power Inc. (NPWR) income statement, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue—$580K—$250K$0.00
Revenue growth————-100.0%
Gross profit—$305K—$219K$0.00
Gross margin—52.6%—87.6%—
Operating income-$697K-$50.0M—-$181M-$1.79B
Operating margin—-8625.0%—-72528.4%—
Net income-$9.80M-$54.8M—-$49.2M-$579M
Net margin—-9444.5%—-19676.4%—
EPS (diluted)—-$14.79—-$0.67-$7.34

Cash flow

NET Power Inc. (NPWR) cash flow, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Operating cash flow-$1.33M-$16.6M—-$31.6M-$121M
Capital expenditures—$115K—$68.7M$33.2M
Free cash flow—-$16.7M—-$100M-$154M

Balance sheet

NET Power Inc. (NPWR) balance sheet, annual, from SEC filings
Fiscal yearFY2021FY2022FY2023FY2024FY2025
Cash & equivalents$445K$5.16M$7.95M$329M$199M
Total assets$348M$78.1M$2.47B$2.29B$600M
Total liabilities$42.3M$13.7M$140M$132M$64.5M
Shareholders' equity-$38.9M$64.4M$785M$656M$204M
Retained earnings-$38.6M-$225M-$66.9M-$116M-$695M
Shares (wtd avg diluted)—3.70M—73.4M78.8M

Every figure is extracted from NET Power Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is NET Power Inc.'s annual revenue?
NET Power Inc. (NPWR) reported $0.00 of revenue for fiscal year 2025 — down 100.0% from $250K in FY2024, per its annual report filed with the SEC.
What is NET Power Inc.'s free cash flow?
-$154M in FY2025 (operating cash flow -$121M minus $33.2M of capital expenditures), from the SEC cash-flow statement.
Does NPWR pay a dividend?
NET Power Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full NPWR analysis — verdict, score & filings →Is NPWR a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.