NET Power reported net income of -$206.98M for the quarter ended Jun 2026. This income statement covers 22 quarters of results from Mar 2021 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||
| Revenue | 0.21M | 0.14M | 0.01M | 0.05M | 0.24M | 0.01M | ||||||||||||||||
| Cost of RevenueCost of Rev | 0.12M | 0.04M | 0.01M | 0.03M | 0.00M | |||||||||||||||||
| Gross Profit | 0.05M | 0.09M | -0.00M | 0.05M | 0.21M | 0.01M | ||||||||||||||||
| Operating items | ||||||||||||||||||||||
| Research & DevelopmentR&D | 0.24M | 0.14M | 0.30M | 0.34M | 0.16M | 1.09M | 0.75M | 0.88M | 17.33M | 19.77M | 1.19M | 1.49M | 24.54M | 95.43M | 1.19M | 4.22M | ||||||
| Selling, General & AdministrativeSG&A | 0.23M | 0.32M | 0.05M | 3.96M | -0.14M | 0.08M | 6.41M | 7.79M | 8.45M | 7.62M | 8.69M | 13.58M | 9.11M | 8.97M | 8.89M | 6.42M | ||||||
| Other Operating ExpensesOther Opex | 13.50M | 8.25M | 13.96M | 16.67M | 114.24M | 151.97M | 31.62M | 36.40M | 21.48M | 23.05M | 464.68M | 75.48M | 1,122.85M | -34.26M | 24.12M | 199.30M | ||||||
| Operating ExpensesOpex | 0.23M | 0.32M | 13.79M | 12.35M | 14.12M | 17.09M | 114.39M | 153.06M | 38.78M | 45.06M | 47.26M | 50.44M | 474.55M | 90.56M | 1,156.50M | 70.14M | 34.19M | 209.94M | ||||
| Operating IncomeOp. Inc | -0.26M | -0.35M | -13.73M | -12.25M | -14.12M | -17.04M | -114.39M | -153.06M | -38.78M | -44.85M | -47.24M | -50.44M | -474.55M | -90.56M | -1156.50M | -70.14M | -34.19M | -209.94M | ||||
| EBIT | -0.26M | -0.35M | -13.73M | -12.25M | -14.12M | -17.04M | -114.39M | -153.06M | -38.78M | -44.85M | -47.24M | -50.44M | -474.55M | -90.56M | -1156.50M | -70.14M | -34.19M | -209.94M | ||||
| Non-operating items | ||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.01M | 1.52M | ||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 17.93M | 0.03M | 0.00M | 0.00M | 0.01M | 0.00M | 0.35M | 0.00M | 0.01M | 0.00M | 0.00M | 0.00M | 0.00M | |||||||||
| Non Operating IncomeNon Op. Inc. | -0.03M | 0.03M | -3.32M | -0.03M | 3.13M | 8.68M | -6.89M | 25.28M | 35.69M | -47.99M | 5.88M | 5.47M | -4.49M | 97.84M | 8.38M | 3.01M | ||||||
| Net income details | ||||||||||||||||||||||
| EBT | -0.25M | -0.38M | -13.77M | -12.22M | -17.44M | -17.07M | -111.26M | -203.23M | -45.67M | -19.57M | -11.56M | -98.42M | -373.19M | -83.67M | -1160.98M | -59.89M | -25.81M | -206.93M | ||||
| Tax ProvisionsTaxes | -0.67M | -0.01M | -4.04M | -2.35M | -4.75M | 0.56M | 0.40M | -1.60M | -1.20M | -1.90M | 0.00M | |||||||||||
| Profit After TaxPAT | -5.57M | 17.57M | -13.77M | -12.22M | -17.45M | -17.07M | -35.00M | -65.56M | -11.42M | -12.95M | -6.29M | -99.44M | -119.35M | -53.91M | -1159.64M | -57.89M | -25.94M | -206.98M | ||||
| Income from Non-Controlling InterestsInc. Minority | -0.21M | 0.68M | -75.58M | -136.99M | -29.77M | -12.95M | 0.53M | -0.32M | -254.24M | -53.91M | -748.20M | -38.35M | -15.95M | -126.64M | ||||||||
| Income from Continuing OperationsIncome (Continuing) | -0.25M | -0.38M | -13.77M | -12.22M | -17.44M | -17.07M | -110.59M | -203.22M | -41.63M | -17.22M | -6.81M | -98.98M | -373.59M | -82.07M | -1159.78M | -57.99M | -25.81M | -206.93M | ||||
| Consolidated Net IncomeConsol Net Inc. | -0.25M | -0.38M | -13.77M | -12.22M | -17.44M | -17.07M | -110.59M | -203.22M | -41.63M | -17.22M | -6.81M | -98.98M | -373.59M | -82.07M | -1159.78M | -57.99M | -25.81M | -206.93M | ||||
| Income towards Parent CompanyParent Net Inc | -0.25M | -0.38M | -13.77M | -12.22M | -17.44M | -17.07M | -110.59M | -203.22M | -41.63M | -17.22M | -6.81M | -98.98M | -373.59M | -82.07M | -1159.78M | -57.99M | -25.81M | -206.93M | ||||
| Net Income towards Common StockholdersNet Income | -5.35M | -0.38M | -13.77M | -0.83M | -17.44M | -17.07M | -110.59M | -203.22M | -41.63M | -17.22M | -6.81M | -98.98M | -373.59M | -82.07M | -1159.78M | -57.99M | -25.81M | -206.93M | ||||
| Additional items | ||||||||||||||||||||||
| EPS (Basic) | -0.16 | -0.01 | -3.70 | -0.02 | -4.71 | -0.49 | -1.64 | -2.95 | -0.58 | -0.24 | -0.09 | -1.35 | -4.85 | -1.06 | -14.89 | -0.74 | -0.30 | -2.34 | ||||
| EPS (Diluted) | -0.16 | -0.01 | -3.70 | -0.02 | -4.71 | -4.55 | -1.64 | -2.95 | -0.58 | -0.24 | -0.09 | -1.35 | -4.85 | -1.06 | -14.89 | -0.74 | -0.30 | -2.34 | ||||
| Shares Outstanding | 34.50M | 20.41M | 34.50M | 3.72M | 34.50M | 3.70M | 34.50M | 67.40M | 68.97M | 164.52M | 71.89M | 72.18M | 73.54M | 73.40M | 77.00M | 77.70M | 77.88M | 78.82M | 85.38M | 88.41M | ||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 34.50M | 20.41M | 34.50M | 3.72M | 34.50M | 3.70M | 3.75M | 67.40M | 68.97M | 69.76M | 71.89M | 72.18M | 73.54M | 73.40M | 77.00M | 77.70M | 77.88M | 78.82M | 85.38M | 88.41M | ||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 34.50M | 20.41M | 34.50M | 3.72M | 34.50M | 3.70M | 34.50M | 67.40M | 68.97M | 141.79M | 71.89M | 72.18M | 73.54M | 73.40M | 77.00M | 77.70M | 77.88M | 78.82M | 85.38M | 224.83M | ||
| EBITDA | -0.26M | -0.35M | -13.73M | -12.25M | -14.12M | -17.04M | -114.39M | -153.06M | -38.78M | -44.85M | -47.24M | -50.44M | -474.55M | -90.56M | -1156.50M | -70.14M | -34.19M | -209.94M | ||||
| Interest ExpensesInt Expense | -0.14M | 0.03M | 0.06M | 0.03M | 67.25M | 67.25M | 63.00M | 67.25M | 67.32M | 67.41M | -0.03M | 67.49M | 67.54M | 10.45M | 10.47M | 10.38M | 0.00M | |||||
| Tax Rate | 0.60% | 0.00% | 8.84% | 12.02% | 41.06% | -0.57% | -0.11% | 1.91% | 0.10% | 3.18% | 0.00% |