NET Power (NPWR) Operating Income (2021 - 2026)

NET Power (NPWR) reported Operating Income of -$34.2 million for Q1 2026, up 92.79% year-over-year from -$17.7 million in Q1 2025, and up 51.26% quarter-over-quarter from -$70.1 million in Q4 2025.

NET Power (NPWR) Operating Income (2021 - 2026) Analysis & Trends

NET Power (NPWR) has 6 years of Operating Income data on file, last reported at -$34.2 million in Q1 2026.

  • Operating Income for Q1 2026 came in at -$34.2 million, up 92.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.4 billion (down 118.99% YoY), and the FY2025 annual result was -$1.8 billion, down 888.16% from the prior year.
  • Operating Income climbed to -$34.2 million in Q1 2026 per NPWR's latest filing, from -$70.1 million in the prior quarter.
  • Over five years, Operating Income peaked at -$353183.0 in Q1 2022 and troughed at -$1.2 billion in Q3 2025.
  • A 5-year average of -$138.6 million and a median of -$41.8 million in 2024 frame the typical range for Operating Income.
  • The sharpest annual moves came in 2023 and 2026: Operating Income slumped 4724.41% in 2023, then jumped 92.79% in 2026.
  • A 5-year view of Operating Income shows it stood at -$14.1 million in 2022, then tumbled by 173.76% to -$38.7 million in 2023, then slumped by 30.44% to -$50.4 million in 2024, then tumbled by 39.07% to -$70.1 million in 2025, then surged by 51.26% to -$34.2 million in 2026.
  • Business Quant data shows NPWR's Operating Income at -$34.2 million in Q1 2026, -$70.1 million in Q4 2025, and -$1.2 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 179.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 1.13 Bn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 1.02 Bn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 467.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 305.91 Mn
10 NET Power 141.73 Mn 454.29 Mn - -34.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -34.19 Mn
Dec 31, 2025 -70.15 Mn
Sep 30, 2025 -1.16 Bn
Jun 30, 2025 -90.56 Mn
Mar 31, 2025 -474.55 Mn
Dec 31, 2024 -50.44 Mn
Sep 30, 2024 -47.25 Mn
Jun 30, 2024 -44.85 Mn
Mar 31, 2024 -38.78 Mn
Sep 30, 2023 -38.67 Mn
Jun 30, 2023 -114.39 Mn
Mar 31, 2023 -17.04 Mn
Dec 31, 2022 -14.13 Mn
Sep 30, 2022 -12.25 Mn
Jun 30, 2022 -13.74 Mn
Mar 31, 2022 -353,183.00
Sep 30, 2021 -261,939.00