Symbols / NPWR Stock $1.73 +1.76% NET Power Inc.

Industrials • Specialty Industrial Machinery • United States • NYQ
NPWR (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Industrials
Industry Specialty Industrial Machinery
CEO Mr. Daniel Joseph Rice IV
Exch · Country NYQ · United States
Market Cap 152.90M
Enterprise Value 143.70M
Income -578.63M
Sales —
FCF (ttm) -71.51M
Book/sh 2.43
Cash/sh 3.99
Employees 54
Insider 10d —
IPO Aug 06, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E —
Forward P/E -6.79
PEG —
P/S —
P/B 0.71
P/C —
EV/EBITDA -0.54
EV/Sales —
Quick Ratio 7.15
Current Ratio 7.24
Debt/Eq 0.71
LT Debt/Eq —
EPS (ttm) -7.34
EPS next Y -0.25
EPS Growth —
Revenue Growth —
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-11
Earnings (prior) 2026-03-09
ROA -12.07%
ROE -124.08%
ROIC —
Gross Margin 0.00%
Oper. Margin 0.00%
Profit Margin 0.00%
Shs Outstand 88.38M
Shs Float 39.11M
Insider Own 50.49%
Instit Own 39.50%
Short Float 3.90%
Short Ratio 3.34
Short Interest 2.11M
52W High 5.20
vs 52W High -66.73%
52W Low 1.46
vs 52W Low 18.90%
Beta 0.92
Impl. Vol. 12.50%
Rel Volume 0.50
Avg Volume 753.27K
Volume 374.14K
Target (mean) $6.62
Tgt Median $3.50
Tgt Low $2.50
Tgt High $17.00
# Analysts 4
Recom None
Prev Close $1.70
Price $1.73
Change 1.76%
About

NET Power Inc. operates as an energy technology company in the United States. Its technology includes oxy-combustion cycle, a power generation system designed to produce electricity from natural gas while capturing atmospheric emissions. The company was founded in 2010 and is headquartered in Durham, North Carolina.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.63
Mean price target
2. Current target
$1.73
Latest analyst target
3. DCF / Fair value
$-14.56
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.73
Low
$2.50
High
$17.00
Mean
$6.63

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2025-11-18 main Citigroup Buy → Buy $4
2025-11-17 up Barclays Underweight → Equal-Weight $3
2025-04-23 down Barclays Equal-Weight → Underweight $2
2025-03-12 main Barclays Equal-Weight → Equal-Weight $3
2025-03-11 up Citigroup Neutral → Buy $6
2024-09-12 main Citigroup Neutral → Neutral $8
2024-08-14 main Barclays Equal-Weight → Equal-Weight $11
2024-04-10 init Barclays — → Equal-Weight $13
2023-07-14 init Janney Montgomery Scott — → Buy $35
2023-07-05 init Citigroup — → Neutral $15
2023-06-29 init Capital One — → Overweight $19
News
RSS: Latest NPWR news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-06 NPEH, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 3,000,000 — —
2026-03-06 8 RIVERS CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 3,000,000 — —
2026-03-03 NPEH, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 100,000 $2.04 $204,250
2026-03-03 8 RIVERS CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 100,000 $2.04 $204,250
2026-03-02 NPEH, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 86,483 $2.00 $177,024
2026-03-02 8 RIVERS CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 86,483 $2.00 $177,024
2026-02-20 NPEH, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 188,517 $2.03 $396,869
2026-02-20 8 RIVERS CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 188,517 $2.03 $396,869
2026-02-18 NPEH, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 175,000 $2.07 $369,330
2026-02-18 8 RIVERS CAPITAL, L.L.C. Beneficial Owner of more than 10% of a Class of Security — 175,000 $2.07 $369,330
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2022-12-31
Total Revenue
0.00
-100.00%
0.25
-56.90%
0.58
Operating Revenue
0.00
-100.00%
0.25
-56.90%
0.58
Cost Of Revenue
0.00
-100.00%
0.03
-88.73%
0.28
Reconciled Cost Of Revenue
0.00
-100.00%
0.03
-93.69%
0.49
Gross Profit
0.00
-100.00%
0.22
-28.20%
0.30
Operating Expense
279.53
+53.98%
181.54
+260.70%
50.33
Research And Development
171.89
+161.29%
65.78
+247.10%
18.95
Selling General And Administration
45.26
+32.59%
34.13
+89.73%
17.99
Selling And Marketing Expense
4.91
+27.09%
3.87
+382.52%
0.80
General And Administrative Expense
40.34
+33.30%
30.27
+76.08%
17.19
Other Gand A
40.34
+33.30%
30.27
+76.08%
17.19
Total Expenses
279.53
+53.95%
181.57
+258.80%
50.60
Operating Income
-279.53
-54.16%
-181.32
-262.46%
-50.02
Total Operating Income As Reported
-1,791.75
-888.16%
-181.32
-262.46%
-50.02
EBITDA
-217.14
-117.80%
-99.70
-172.12%
-36.64
Normalized EBITDA
1,222.68
+1751.34%
-74.04
-102.09%
-36.64
Reconciled Depreciation
62.39
-23.57%
81.62
+519.72%
13.17
EBIT
-279.53
-54.16%
-181.32
-262.46%
-50.02
Total Unusual Items
-1,439.83
-5512.04%
-25.66
-589.12%
5.25
Total Unusual Items Excluding Goodwill
-1,439.83
-5512.04%
-25.66
-589.12%
5.25
Special Income Charges
-1,439.83
-5512.04%
-25.66
—
Restructuring And Mergern Acquisition
-72.39
-382.16%
25.66
—
Write Off
1,512.22
0.00
—
Net Income
-578.63
-1076.29%
-49.19
+10.20%
-54.78
Pretax Income
-1,677.73
-857.48%
-175.22
-219.88%
-54.78
Net Non Operating Interest Income Expense
20.30
-35.34%
31.39
+755.17%
-4.79
Interest Expense Non Operating
—
—
4.79
Net Interest Income
20.30
-35.34%
31.39
+755.17%
-4.79
Interest Expense
—
—
4.79
Interest Income Non Operating
—
—
4.90
Interest Income
—
—
4.90
Other Income Expense
-1,418.50
-5508.48%
-25.29
-66657.89%
0.04
Other Non Operating Income Expenses
21.33
+5759.34%
0.36
+857.89%
0.04
Gain On Sale Of Security
—
-25.66
-589.12%
5.25
Tax Provision
-4.30
+59.31%
-10.58
0.00
Tax Rate For Calcs
0.00
-95.00%
0.00
0.00
Tax Effect Of Unusual Items
-4.32
-180.60%
-1.54
0.00
Net Income Including Noncontrolling Interests
-1,673.43
-916.39%
-164.64
-200.57%
-54.78
Net Income From Continuing Operation Net Minority Interest
-578.63
-1076.29%
-49.19
+10.20%
-54.78
Net Income From Continuing And Discontinued Operation
-578.63
-1076.29%
-49.19
+10.20%
-54.78
Net Income Continuous Operations
-1,673.43
-916.39%
-164.64
-200.57%
-54.78
Minority Interests
1,094.80
+848.26%
115.45
0.00
Normalized Income
856.88
+3517.35%
-25.07
+54.23%
-54.78
Net Income Common Stockholders
-578.63
-1076.29%
-49.19
+10.20%
-54.78
Diluted EPS
—
-0.67
+95.47%
-14.79
Basic EPS
—
-0.67
+95.47%
-14.79
Basic Average Shares
—
73.40
+1882.20%
3.70
Diluted Average Shares
—
73.40
+1882.20%
3.70
Diluted NI Availto Com Stockholders
-578.63
-1076.29%
-49.19
+10.20%
-54.78
Depreciation Amortization Depletion Income Statement
62.39
-23.57%
81.62
+509.72%
13.39
Depreciation And Amortization In Income Statement
62.39
-23.57%
81.62
+509.72%
13.39
Total Other Finance Cost
-20.30
+35.34%
-31.39
-755.17%
4.79
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
599.70
-73.86%
2,294.11
-7.16%
2,471.05
+3062.46%
78.14
Current Assets
343.76
-32.99%
513.03
-19.94%
640.80
+8449.66%
7.50
Cash Cash Equivalents And Short Term Investments
337.89
-33.43%
507.57
-20.31%
636.93
+12233.99%
5.16
Cash And Cash Equivalents
199.43
-39.43%
329.23
-38.68%
536.93
+10297.50%
5.16
Cash Financial
—
—
—
1.63
Other Short Term Investments
138.46
-22.36%
178.34
+78.34%
100.00
0.00
Receivables
1.38
-62.63%
3.68
+84.10%
2.00
+468.18%
0.35
Accounts Receivable
—
0.00
-100.00%
0.06
-83.52%
0.35
Gross Accounts Receivable
—
—
0.06
-83.52%
0.35
Allowance For Doubtful Accounts Receivable
—
—
0.00
0.00
Accrued Interest Receivable
1.38
-62.63%
3.68
+89.60%
1.94
0.00
Prepaid Assets
—
—
1.78
+865.76%
0.18
Other Current Assets
4.50
+153.44%
1.77
-5.13%
1.87
+4.18%
1.79
Total Non Current Assets
255.94
-85.63%
1,781.09
-2.69%
1,830.25
+2490.89%
70.64
Net PPE
33.31
-78.39%
154.17
+55.62%
99.07
+40.76%
70.38
Gross PPE
34.27
-80.46%
175.40
+65.14%
106.21
-17.77%
129.16
Accumulated Depreciation
-0.96
+95.45%
-21.23
-197.10%
-7.15
+87.84%
-58.79
Machinery Furniture Equipment
13.62
-89.01%
123.91
+38.36%
89.56
-30.24%
128.38
Construction In Progress
20.06
-58.58%
48.44
+235.37%
14.44
0.00
Other Properties
0.60
-80.45%
3.05
+37.79%
2.21
+182.14%
0.78
Goodwill And Other Intangible Assets
181.57
-88.66%
1,601.19
-7.51%
1,731.18
+658145.25%
0.26
Goodwill
0.00
-100.00%
359.85
-15.11%
423.92
0.00
Other Intangible Assets
181.57
-85.37%
1,241.34
-5.04%
1,307.27
+496958.94%
0.26
Investments And Advances
38.24
+69.00%
22.63
0.00
—
Other Non Current Assets
2.81
-9.17%
3.10
—
349.94
Total Liabilities Net Minority Interest
64.50
-51.11%
131.93
-5.86%
140.14
+920.28%
13.73
Current Liabilities
47.47
+165.08%
17.91
+48.96%
12.02
+42.24%
8.45
Payables And Accrued Expenses
42.92
+203.94%
14.12
+46.20%
9.66
+469.46%
1.70
Payables
38.70
+1032.54%
3.42
+350.20%
0.76
+0.53%
0.76
Accounts Payable
1.44
-53.53%
3.09
+401.13%
0.62
+6.93%
0.58
Current Accrued Expenses
4.22
-60.59%
10.70
+20.27%
8.90
+845.70%
0.94
Pensionand Other Post Retirement Benefit Plans Current
3.35
+14.78%
2.92
+44.64%
2.02
+38.94%
1.45
Current Debt And Capital Lease Obligation
1.20
+38.05%
0.87
+150.72%
0.35
+166.92%
0.13
Current Capital Lease Obligation
1.20
+38.05%
0.87
+150.72%
0.35
+166.92%
0.13
Other Current Liabilities
—
—
—
5.17
Total Non Current Liabilities Net Minority Interest
17.03
-85.06%
114.02
-11.00%
128.12
+2324.58%
5.28
Long Term Debt And Capital Lease Obligation
2.58
+15.62%
2.23
+23.62%
1.81
+175.61%
0.66
Long Term Capital Lease Obligation
2.58
+15.62%
2.23
+23.62%
1.81
+175.61%
0.66
Long Term Provisions
3.60
+10.17%
3.27
+58.50%
2.06
-14.74%
2.42
Tradeand Other Payables Non Current
0.00
-100.00%
20.97
+134.69%
8.94
0.00
Non Current Deferred Liabilities
0.00
-100.00%
4.31
-92.54%
57.72
0.00
Non Current Deferred Taxes Liabilities
0.00
-100.00%
4.31
-92.54%
57.72
0.00
Other Non Current Liabilities
—
1.96
+17.18%
1.67
—
Stockholders Equity
203.90
-68.90%
655.60
-16.48%
785.01
+200725.04%
0.39
Common Stock Equity
203.90
-68.90%
655.60
-16.48%
785.01
+1118.92%
64.40
Capital Stock
0.02
+0.00%
0.02
+4.76%
0.02
-99.99%
349.82
Common Stock
0.02
+0.00%
0.02
+4.76%
0.02
-99.99%
349.82
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
83.98
+9.41%
76.76
+7.69%
71.28
+65.28%
43.12
Ordinary Shares Number
83.98
+9.41%
76.76
+7.69%
71.28
+65.28%
43.12
Additional Paid In Capital
898.42
+16.44%
771.59
-9.42%
851.84
0.00
Retained Earnings
-694.67
-498.63%
-116.04
-73.58%
-66.85
+70.22%
-224.53
Gains Losses Not Affecting Retained Earnings
0.13
+303.13%
0.03
0.00
-100.00%
0.02
Minority Interest
331.30
-78.01%
1,506.58
-2.54%
1,545.90
+677276.10%
-0.23
Other Equity Adjustments
0.13
+303.13%
0.03
—
—
Total Equity Gross Minority Interest
535.21
-75.25%
2,162.19
-7.24%
2,330.91
+3519.32%
64.40
Total Capitalization
203.90
-68.90%
655.60
-16.48%
785.01
+1111.57%
64.79
Working Capital
296.30
-40.16%
495.12
-21.26%
628.78
+65871.55%
-0.96
Invested Capital
203.90
-68.90%
655.60
-16.48%
785.01
+1118.92%
64.40
Total Debt
3.79
+21.90%
3.10
+44.08%
2.15
+174.17%
0.79
Capital Lease Obligations
3.79
+21.90%
3.10
+44.08%
2.15
+174.17%
0.79
Net Tangible Assets
22.33
+102.36%
-945.59
+0.06%
-946.18
-739924.23%
0.13
Tangible Book Value
22.33
+102.36%
-945.59
+0.06%
-946.18
-1575.20%
64.14
Available For Sale Securities
38.24
+69.00%
22.63
—
—
Derivative Product Liabilities
10.85
-86.65%
81.28
+45.36%
55.92
0.00
Duefrom Related Parties Current
—
—
—
0.01
Dueto Related Parties Current
37.26
+11365.23%
0.33
+128.87%
0.14
-20.22%
0.18
Dueto Related Parties Non Current
—
—
0.00
-100.00%
2.21
General Partnership Capital
—
—
—
26.29
Investmentin Financial Assets
38.24
+69.00%
22.63
0.00
—
Limited Partnership Capital
—
—
—
262.62
Total Partnership Capital
—
—
—
64.40
Line Item Trend 2025-12-31 2024-12-31 2022-12-31
Operating Cash Flow
-120.78
-281.64%
-31.65
-90.31%
-16.63
Cash Flow From Continuing Operating Activities
-120.78
-281.64%
-31.65
-90.31%
-16.63
Net Income From Continuing Operations
-1,673.43
-916.39%
-164.64
-200.57%
-54.78
Depreciation Amortization Depletion
62.39
-23.57%
81.62
+519.72%
13.17
Depreciation
62.39
-23.57%
81.62
+520.75%
13.15
Amortization Cash Flow
—
—
0.02
Depreciation And Amortization
62.39
-23.57%
81.62
+519.72%
13.17
Amortization Of Intangibles
—
—
0.02
Other Non Cash Items
-96.19
-516.17%
23.11
+59.28%
14.51
Stock Based Compensation
46.43
+37.93%
33.67
+166.72%
12.62
Provisionand Write Offof Assets
—
0.00
0.00
Asset Impairment Charge
1,512.22
0.00
—
Deferred Tax
-4.31
+59.30%
-10.58
0.00
Deferred Income Tax
-4.31
+59.30%
-10.58
0.00
Operating Gains Losses
—
—
-5.25
Gain Loss On Investment Securities
—
—
-5.25
Gain Loss On Sale Of PPE
—
0.00
0.00
Change In Working Capital
32.10
+520.55%
5.17
+339.94%
-2.16
Change In Receivables
3.43
+468.42%
-0.93
-209.30%
-0.30
Changes In Account Receivables
0.00
-100.00%
0.06
+119.27%
-0.30
Change In Prepaid Assets
-2.72
-5891.49%
0.05
-90.00%
0.47
Change In Payables And Accrued Expense
31.13
+365.85%
6.68
+1360.75%
-0.53
Change In Accrued Expense
-4.15
-203.23%
4.02
+435.11%
0.75
Change In Payable
35.28
+1227.39%
2.66
+307.33%
-1.28
Change In Account Payable
-1.66
-166.87%
2.48
+317.68%
-1.14
Change In Other Current Assets
0.27
+142.40%
-0.62
+65.18%
-1.79
Change In Other Current Liabilities
—
—
0.00
Investing Cash Flow
-8.80
+94.78%
-168.67
-146572.17%
-0.12
Cash Flow From Continuing Investing Activities
-8.80
+94.78%
-168.67
-146572.17%
-0.12
Net PPE Purchase And Sale
-33.21
+51.62%
-68.65
-59596.52%
-0.12
Purchase Of PPE
-33.21
+51.62%
-68.65
-59596.52%
-0.12
Capital Expenditure
-34.44
+50.70%
-69.85
-60642.61%
-0.12
Capital Expenditure Reported
-1.22
-1.66%
-1.20
—
Net Investment Purchase And Sale
25.63
+125.94%
-98.82
0.00
Purchase Of Investment
-186.02
-9.49%
-169.89
0.00
Sale Of Investment
211.65
+197.78%
71.08
—
Net Business Purchase And Sale
—
0.00
0.00
Financing Cash Flow
-0.23
+95.33%
-4.93
-122.96%
21.47
Cash Flow From Continuing Financing Activities
-0.23
+95.33%
-4.93
-122.96%
21.47
Net Issuance Payments Of Debt
-0.20
-197.01%
-0.07
+99.16%
-8.00
Issuance Of Debt
—
—
2.00
Repayment Of Debt
-0.20
-197.01%
-0.07
+99.33%
-10.00
Long Term Debt Issuance
—
—
2.00
Long Term Debt Payments
-0.20
-197.01%
-0.07
+99.33%
-10.00
Net Long Term Debt Issuance
-0.20
-197.01%
-0.07
+99.16%
-8.00
Net Common Stock Issuance
0.14
+642.11%
0.02
-99.94%
30.00
Common Stock Payments
—
0.00
0.00
Common Stock Dividend Paid
—
0.00
0.00
Cash Dividends Paid
—
0.00
0.00
Repurchase Of Capital Stock
—
0.00
0.00
Proceeds From Stock Option Exercised
—
—
0.00
Net Other Financing Charges
-0.17
+96.48%
-4.88
-815.76%
-0.53
Changes In Cash
-129.82
+36.75%
-205.25
-4446.70%
4.72
Effect Of Exchange Rate Changes
—
—
-0.00
Beginning Cash Position
331.68
-38.23%
536.93
+120557.75%
0.45
End Cash Position
201.86
-39.14%
331.68
+6322.85%
5.16
Free Cash Flow
-155.22
-52.92%
-101.50
-506.17%
-16.75
Interest Paid Supplemental Data
0.03
0.00
—
Income Tax Paid Supplemental Data
0.00
0.00
—
Common Stock Issuance
0.14
+642.11%
0.02
-99.94%
30.00
Issuance Of Capital Stock
0.14
+642.11%
0.02
-99.94%
30.00
Sale Of Business
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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