NET Power Inc.
About NET Power Inc.
NET Power Inc is a clean energy technology company that has developed a novel power generation system, which it refers to as the NET Power Cycle, designed to produce clean, reliable, and low-cost electricity from natural gas while capturing virtually all atmospheric emissions. Its business model is to license its technology to customers and enable them to build, own, and operate facilities that utilize the Net Power Cycle. The company has conducted a successful demonstration of its technology at the La Porte Demonstration Facility and is developing a utility-scale power plant in Texas named Project Permian.
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Financial summary
- Revenue FY2025
- $0
- Net income
- -$578.6M
- Total assets
- $599.7M
- Market cap
- $146.7M
Source: SEC EDGAR · updated Jun 8, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $0
- Cost of revenue
- $0
- Gross profit
- $0
- Operating expenses
- $1.8B
- Operating income
- -$1.8B
- Income tax
- -$4.3M
- Net income
- -$1.7B
- EPS (basic)
- $-7.34
- EPS (diluted)
- $-7.34
Balance sheet
- Total assets
- $599.7M
- Current assets
- $343.8M
- Total liabilities
- $64.5M
- Current liabilities
- $47.5M
- Shareholders’ equity
- $203.9M
Cash flow
- Operating cash flow
- -$120.8M
- Investing cash flow
- -$8.8M
- Financing cash flow
- -$230.0K
- Net cash flow
- -$129.8M
Statements via Polygon.io (SEC filings)
- Market cap
- $146.7M
- EPS (diluted)
- $-7.34
- Shares outstanding
- 88.9M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Aug 6, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $578.6M in FY2025.
- Trading 66% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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