NET Power Inc. Redeemable warrants, each whole warrant exercisable for one share of financials
$0.2700−3.57%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $12.0K | $238.0K | $0.00 | $0.00 | $0.00 |
| Gross profit | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $11.0K | $208.0K | $0.00 | $0.00 | $0.00 |
| Gross margin | — | — | — | — | — | — | — | 91.7% | 87.4% | — | — | — |
| Operating income | -$209.9M | -$34.2M | -$70.1M | -$1.16B | -$90.6M | -$474.6M | -$50.4M | -$47.2M | -$44.9M | -$38.8M | -$40.4M | -$38.7M |
| Net income | -$80.3M | -$9.9M | -$19.6M | -$411.5M | -$28.1M | -$119.3M | -$34.3M | $818.0K | -$4.3M | -$11.4M | $22.5M | -$30.6M |
| Net margin | — | — | — | — | — | — | — | 6816.7% | −1793.3% | — | — | — |
| Diluted EPS | $-0.91 | $-0.12 | $-0.24 | $-5.28 | $-0.36 | $-1.55 | $-0.45 | $0.01 | $-0.06 | $-0.16 | $0.16 | $-0.44 |
| EBITDA | -$12.8M | -$30.8M | -$66.2M | -$45.1M | -$68.9M | -$37.0M | -$29.1M | -$27.0M | -$24.8M | -$18.8M | -$99.5M | -$38.7M |
| Operating cash flow | -$9.6M | -$51.1M | -$27.8M | -$48.0M | -$24.6M | -$20.4M | -$13.0M | -$7.8M | -$8.2M | -$2.7M | -$1.5M | -$1.4M |
| Free cash flow | -$10.4M | -$59.3M | -$46.1M | -$51.3M | -$27.7M | -$29.3M | -$42.7M | -$30.3M | -$16.3M | -$12.2M | -$6.9M | -$4.8M |
| Diluted shares | 88.4M | 85.4M | 82.7M | 77.9M | 77.7M | 77.0M | 76.0M | 73.5M | 72.2M | 71.9M | 138.9M | 69.0M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $117.9M | $133.1M | $199.4M | $229.3M | $284.0M | $300.0M |
| Short-term investments | $190.4M | $174.9M | $138.5M | $136.1M | $119.4M | $190.7M |
| Total debt | $33.0K | $81.0K | $127.0K | $172.0K | $215.0K | $257.0K |
| Total assets | $338.3M | $542.8M | $599.7M | $629.9M | $1.79B | $1.84B |
| Total liabilities | $25.5M | $24.9M | $64.5M | $47.4M | $59.0M | $40.4M |
| Shareholders' equity | $83.5M | $205.3M | $203.9M | $143.8M | $616.2M | $637.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology