Net Power Inc.
NPWRNYSECIK 1845437TechnologyFiscal year ends Dec 31
Latest reported revenue, Q4 FY2025$0Revenue, Q4 FY2025, three months to 2025-12-31$0. XBRL concept
us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Report this figureThree months to Dec 31, 2025, from the 10-K filed Mar 9, 2026.Latest quarter: Q2 FY2026
Three months to Jun 30, 2026, against the same quarter a year earlier.
- Revenuenot reported (Revenue not reported)No year-earlier figure to compare
- Gross marginnot reported (Gross profit and Revenue not reported)No year-earlier figure to compare
- Operating marginnot reported (Revenue not reported)No year-earlier figure to compare
- Net marginnot reported (Revenue not reported)No year-earlier figure to compare
- Diluted EPS−$0.91Diluted EPS, Q2 FY2026, three months to 2026-06-30−$0.91 per share. XBRL concept
us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-13, accession 0001845437-26-000033.Report this figure−152.8% on a year earlier - Free cash flow−$10.4mFree cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: −$9.6m. XBRL concept
us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Capital expenditure: $793.0k. XBRL conceptus-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Report this figure+62.3% on a year earlier
Last eight quarters
Full statements| Line item | Unit | Q3 FY20242024-09-30 | Q4 FY20242024-12-31 | Q1 FY20252025-03-31 | Q2 FY20252025-06-30 | Q3 FY20252025-09-30 | Q4 FY20252025-12-31 | Q1 FY20262026-03-31 | Q2 FY20262026-06-30 | Shape over the periods |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $m | 0.0Revenue, Q3 FY2024, three months to 2024-09-30$12.0k. XBRL concept us-gaap:Revenues. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | 0.0Revenue, Q4 FY2024, three months to 2024-12-31$0. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Report this figure | 0.0Revenue, Q1 FY2025, three months to 2025-03-31$0. XBRL concept us-gaap:Revenues. 10-Q filed 2025-05-12, accession 0001845437-25-000027.Report this figure | 0.0Revenue, Q2 FY2025, three months to 2025-06-30$0. XBRL concept us-gaap:Revenues. 10-Q filed 2025-08-11, accession 0001845437-25-000053.Report this figure | 0.0Revenue, Q3 FY2025, three months to 2025-09-30$0. XBRL concept us-gaap:Revenues. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | 0.0Revenue, Q4 FY2025, three months to 2025-12-31$0. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Report this figure | not reported (Revenue not reported) | not reported (Revenue not reported) | |
| Gross margin | % | 91.7%Gross margin, Q3 FY2024, three months to 2024-09-30. gross profit / revenueGross profit: $11.0k. XBRL concept us-gaap:GrossProfit. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Revenue: $12.0k. XBRL concept us-gaap:Revenues. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Gross profit and Revenue not reported) | not reported (Gross profit and Revenue not reported) | |
| Operating margin | % | (393708.3%)Operating margin, Q3 FY2024, three months to 2024-09-30. operating income / revenueOperating income: −$47.2m. XBRL concept us-gaap:OperatingIncomeLoss. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Revenue: $12.0k. XBRL concept us-gaap:Revenues. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue not reported) | not reported (Revenue not reported) | |
| Net margin | % | 6816.7%Net margin, Q3 FY2024, three months to 2024-09-30. net income / revenueNet income: $818.0k. XBRL concept us-gaap:NetIncomeLoss. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Revenue: $12.0k. XBRL concept us-gaap:Revenues. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue of zero not reported) | not reported (Revenue not reported) | not reported (Revenue not reported) | |
| Diluted EPS | $ per share | 0.01Diluted EPS, Q3 FY2024, three months to 2024-09-30$0.01 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | not reported (Diluted EPS not reported) | (1.55)Diluted EPS, Q1 FY2025, three months to 2025-03-31−$1.55 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Report this figure | (0.36)Diluted EPS, Q2 FY2025, three months to 2025-06-30−$0.36 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-13, accession 0001845437-26-000033.Report this figure | (5.28)Diluted EPS, Q3 FY2025, three months to 2025-09-30−$5.28 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2025-11-13, accession 0001845437-25-000061.Report this figure | not reported (Diluted EPS not reported) | (0.12)Diluted EPS, Q1 FY2026, three months to 2026-03-31−$0.12 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Report this figure | (0.91)Diluted EPS, Q2 FY2026, three months to 2026-06-30−$0.91 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-Q filed 2026-08-13, accession 0001845437-26-000033.Report this figure | |
| Free cash flow | $m | (30.1)Free cash flow, Q3 FY2024, three months to 2024-09-30. operating cash flow − capital expenditureOperating cash flow: −$7.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-13, accession 0001845437-25-000061. Derived: 9-month figure less the 6-month figure.Capital expenditure: $22.3m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-13, accession 0001845437-25-000061. Derived: 9-month figure less the 6-month figure.Report this figure | (42.1)Free cash flow, Q4 FY2024, three months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: −$13.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Capital expenditure: $29.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Report this figure | (29.3)Free cash flow, Q1 FY2025, three months to 2025-03-31. operating cash flow − capital expenditureOperating cash flow: −$20.4m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Capital expenditure: $8.9m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Report this figure | (27.7)Free cash flow, Q2 FY2025, three months to 2025-06-30. operating cash flow − capital expenditureOperating cash flow: −$24.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Capital expenditure: $3.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Report this figure | (51.1)Free cash flow, Q3 FY2025, three months to 2025-09-30. operating cash flow − capital expenditureOperating cash flow: −$48.0m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2025-11-13, accession 0001845437-25-000061. Derived: 9-month figure less the 6-month figure.Capital expenditure: $3.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2025-11-13, accession 0001845437-25-000061. Derived: 9-month figure less the 6-month figure.Report this figure | (45.9)Free cash flow, Q4 FY2025, three months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: −$27.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Capital expenditure: $18.1m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-03-09, accession 0001845437-26-000009. Derived: 12-month figure less the 9-month figure.Report this figure | (59.3)Free cash flow, Q1 FY2026, three months to 2026-03-31. operating cash flow − capital expenditureOperating cash flow: −$51.1m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Capital expenditure: $8.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-05-11, accession 0001845437-26-000019.Report this figure | (10.4)Free cash flow, Q2 FY2026, three months to 2026-06-30. operating cash flow − capital expenditureOperating cash flow: −$9.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Capital expenditure: $793.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-Q filed 2026-08-13, accession 0001845437-26-000033. Derived: 6-month figure less the 3-month figure.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Last five fiscal years
| Line item | Unit | FY20222022-12-31 | FY20242024-12-31 | FY20252025-12-31 | Shape over the periods |
|---|---|---|---|---|---|
| Revenue | $m | 0.6Revenue, FY2022, twelve months to 2022-12-31$580.0k. XBRL concept us-gaap:Revenues. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | 0.3Revenue, FY2024, twelve months to 2024-12-31$250.0k. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | 0.0Revenue, FY2025, twelve months to 2025-12-31$0. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | |
| Gross margin | % | 52.6%Gross margin, FY2022, twelve months to 2022-12-31. gross profit / revenueGross profit: $305.0k. XBRL concept us-gaap:GrossProfit. 10-K filed 2024-03-11, accession 0001845437-24-000006.Revenue: $580.0k. XBRL concept us-gaap:Revenues. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | 87.6%Gross margin, FY2024, twelve months to 2024-12-31. gross profit / revenueGross profit: $219.0k. XBRL concept us-gaap:GrossProfit. 10-K filed 2026-03-09, accession 0001845437-26-000009.Revenue: $250.0k. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | not reported (Revenue of zero not reported) | |
| Operating margin | % | (8625.0%)Operating margin, FY2022, twelve months to 2022-12-31. operating income / revenueOperating income: −$50.0m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2024-03-11, accession 0001845437-24-000006.Revenue: $580.0k. XBRL concept us-gaap:Revenues. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | (72528.4%)Operating margin, FY2024, twelve months to 2024-12-31. operating income / revenueOperating income: −$181.3m. XBRL concept us-gaap:OperatingIncomeLoss. 10-K filed 2026-03-09, accession 0001845437-26-000009.Revenue: $250.0k. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | not reported (Revenue of zero not reported) | |
| Net margin | % | (9444.5%)Net margin, FY2022, twelve months to 2022-12-31. net income / revenueNet income: −$54.8m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2024-03-11, accession 0001845437-24-000006.Revenue: $580.0k. XBRL concept us-gaap:Revenues. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | (19676.4%)Net margin, FY2024, twelve months to 2024-12-31. net income / revenueNet income: −$49.2m. XBRL concept us-gaap:NetIncomeLoss. 10-K filed 2026-03-09, accession 0001845437-26-000009.Revenue: $250.0k. XBRL concept us-gaap:Revenues. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | not reported (Revenue of zero not reported) | |
| Diluted EPS | $ per share | (14.79)Diluted EPS, FY2022, twelve months to 2022-12-31−$14.79 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | (0.67)Diluted EPS, FY2024, twelve months to 2024-12-31−$0.67 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | (7.34)Diluted EPS, FY2025, twelve months to 2025-12-31−$7.34 per share. XBRL concept us-gaap:EarningsPerShareDiluted. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | |
| Free cash flow | $m | (16.7)Free cash flow, FY2022, twelve months to 2022-12-31. operating cash flow − capital expenditureOperating cash flow: −$16.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2024-03-11, accession 0001845437-24-000006.Capital expenditure: $115.0k. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2024-03-11, accession 0001845437-24-000006.Report this figure | (100)Free cash flow, FY2024, twelve months to 2024-12-31. operating cash flow − capital expenditureOperating cash flow: −$31.6m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-09, accession 0001845437-26-000009.Capital expenditure: $68.7m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure | (154)Free cash flow, FY2025, twelve months to 2025-12-31. operating cash flow − capital expenditureOperating cash flow: −$120.8m. XBRL concept us-gaap:NetCashProvidedByUsedInOperatingActivities. 10-K filed 2026-03-09, accession 0001845437-26-000009.Capital expenditure: $33.2m. XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. 10-K filed 2026-03-09, accession 0001845437-26-000009.Report this figure |
Focus or hover a figure to see its XBRL concept, period and filing; each links to that filing. A figure marked d is derived: a quarter computed from year-to-date figures, such as the fourth quarter as the fiscal year less the nine months before it. A ratio reads not reported when any input is missing.
Insider purchases and sales
All insider transactionsThe last 20 open-market transactions reported on Form 4 (codes P and S). The reported price is the price per share the insider stated on the form: filing data, not a market price.
No open-market purchases or sales by insiders are in coverage from Nov 2024 to Oct 2026.
No open-market purchases or sales by insiders are in coverage for this company.
Funds that report holding it
All fundsFrom each manager's latest Form 13F, largest reported value first. Reported value is as filed at the quarter end: filing data, not a price. A put or call is an option position, not shares held.
| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
|---|---|---|---|---|---|
| Share Andrew L. | 2026-06-30 | $16.3m | 9,767,500 | Unchanged | |
| HITE Hedge Asset Management LLC | 2026-06-30 | $4.8m | 2,852,670 | Added+89,246 | |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 2026-06-30 | $4.7m | 2,840,000 | Added+1,300,000 | |
| BlackRock, Inc. | 2026-06-30 | $4.0m | 2,416,294 | Added+273,378 | |
| PEAK6 LLC | 2026-06-30 | $3.3m | 1,985,754 | Reduced−2,461 | |
| VANGUARD CAPITAL MANAGEMENT LLC | 2026-06-30 | $3.0m | 1,802,372 | Added+158,577 | |
| Defiance ETFs, LLC | 2026-06-30 | $2.6m | 1,555,837 | Added+1,022,584 | |
| Tidal Investments LLC | 2026-06-30 | $2.6m | 1,546,562 | Added+1,013,309 | |
| PEAK6 LLC | 2026-06-30 | $2.4m | 1,444,300 | Call | Added+1,145,000 |
| Sourcerock Group LLC | 2026-06-30 | $2.3m | 1,400,110 | Reduced−104,016 |
Recent filings
All 348 filingsReports and events: 10-K, 10-Q, 8-K, proxy statements and ownership schedules.
| Filed | Form | What it is | Accession number |
|---|---|---|---|
| 2026-10-2220:10 ET | 8-K | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-118155 |
| 2026-09-1120:01 ET | 8-K | 1.01 Entry into a material agreement; 9.01 Financial statements and exhibits | 0001104659-26-107045 |
| 2026-09-0320:30 ET | 8-K | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001104659-26-105072 |
| 2026-08-1722:00 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001104659-26-097960 |
| 2026-08-1321:16 ET | 10-Q | Quarterly reportPeriod 2026-06-30 | 0001845437-26-000033 |
| 2026-08-1320:23 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001845437-26-000031 |
| 2026-06-0520:11 ET | 8-K | 5.07 Shareholder vote results | 0001845437-26-000023 |
| 2026-05-1422:00 ET | SCHEDULE 13D/A | Ownership report, active investor, amended | 0001104659-26-061385 |
| 2026-05-1120:23 ET | 10-Q | Quarterly reportPeriod 2026-03-31 | 0001845437-26-000019 |
| 2026-05-1120:19 ET | 8-K | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001845437-26-000018 |
Latest annual report
Form 10-K for the fiscal year ended Dec 31, 2025Filed Mar 9, 2026. Its page lists the documents and the extracted sections, such as Business and Risk factors.
Forecast league
Not in this season’s league. The league lists companies whose quarter has ended and whose results are not yet filed.This season’s league
About the filer
- CIK
- 1845437
- Tickers
- NPWR, NPWR-WT
- Exchange
- NYSE
- SIC code
- 3620 Electrical Industrial Apparatus
- Sector
- Technology
- Fiscal year ends
- Dec 31
- Incorporated in
- DE
- Filer category
- <br>Emerging growth company
- Former names
- Rice Acquisition Corp. II (to 2023-06-07)
Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:49 ET. Listed shows no prices and gives no investment advice.