NET Power (NPWR) Tax Rate (2023 - 2025)

NET Power (NPWR) reported Tax Rate of 3.18% for Q4 2025, up 375.0% year-over-year from 0.67% in Q4 2024, and up 3037.55% quarter-over-quarter from 0.1% in Q3 2025.

NET Power (NPWR) Tax Rate (2023 - 2025) Analysis & Trends

NET Power (NPWR) has 3 years of Tax Rate data on file, last reported at 3.18% in Q4 2025.

  • Tax Rate for Q4 2025 came in at 3.18%, up 375.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.35% (down 87.0% YoY), and the FY2025 annual result was 0.26%, down 578.0% from the prior year.
  • Tax Rate climbed to 3.18% in Q4 2025 per NPWR's latest filing, from 0.1% in the prior quarter.
  • Over five years, Tax Rate peaked at 41.06% in Q3 2024 and troughed at 0.57% in Q4 2024.
  • A 3-year average of 6.78% and a median of 1.34% in 2023 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2024 and 2025: Tax Rate jumped 4031 bps in 2024, then slumped 4095 bps in 2025.
  • A 3-year view of Tax Rate shows it stood at 0.74% in 2023, then plunged by 176 bps to 0.57% in 2024, then jumped by 662 bps to 3.18% in 2025.
  • Business Quant data shows NPWR's Tax Rate at 3.18% in Q4 2025, 0.1% in Q3 2025, and 1.94% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 6.94%
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 21.68%
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 19.21%
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 27.19%
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 22.07%
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 20.58%
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 18.99%
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 20.23%
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 20.12%
10 NET Power 141.73 Mn 454.29 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 3.18%
Dec 31, 2025 3.18%
Sep 30, 2025 0.10%
Sep 30, 2025 0.10%
Jun 30, 2025 1.94%
Jun 30, 2025 1.94%
Mar 31, 2025 -0.11%
Mar 31, 2025 -0.11%
Dec 31, 2024 -0.57%
Dec 31, 2024 -0.57%
Sep 30, 2024 41.06%
Sep 30, 2024 41.06%
Jun 30, 2024 12.02%
Jun 30, 2024 12.02%
Mar 31, 2024 8.84%
Mar 31, 2024 8.84%
Sep 30, 2023 0.74%
Sep 30, 2023 0.74%
Jun 30, 2023 0.60%
Jun 30, 2023 0.60%