NET Power Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $0 | $250,000 | — | $580,000 | — |
| Gross profit | $0 | $219,000 | — | $305,000 | — |
| Operating income | -$1.8B | -$181.3M | — | -$50.0M | -$697,131 |
| Operating expenses | $1.8B | $181.5M | — | $50.3M | — |
| Cost of revenue | $0 | $31,000 | — | — | — |
| Cash from operations | -$120.8M | -$31.6M | — | -$16.6M | -$1.3M |
| Capital expenditure | $33.2M | $68.7M | — | $115,000 | — |
| Free cash flow | -$154.0M | -$100.3M | — | -$16.7M | — |
| Impairments | $1.5B | $0 | $0 | $0 | — |
| Total assets | $599.7M | $2.3B | $2.5B | $78.1M | $348.4M |
| Total liabilities | $64.5M | $131.9M | $140.1M | $13.7M | $42.3M |
Shares outstanding 224.8M · Free float 27.2%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.