NYSE$NPWR

Net Power Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Net Power Inc reported its Q2 2025 results with continued pre-revenue operations and significant operating losses.

The company recorded zero revenue and a net loss attributable to NET Power Inc. of $28.1 million for the three months ended June 30, 2025. Operating expenses rose sharply to $90.6 million driven by R&D, project development, and one-time charges, while cash and cash equivalents stood at $284.0 million.

  • Zero revenue for the quarter as the company remains in development stage.
  • Net loss attributable to NET Power Inc. of $28.1 million and operating loss of $90.6 million.
  • EPS of $(0.36) per Class A share; cash position of $284.0 million at quarter end.
  • Goodwill fully impaired and Project Permian costs expensed amid value engineering.

Headline financials

Total Revenue

$0.00

Previous: $238K-100.0%
EPS (adj)

-$0.36

Previous: -$0.06-500.0%
Capital Expenditures

-$12M

Previous: -$17.3M+30.4%
Net Income

-$28.1M

Previous: -$4.27M-559.4%
Operating Income

-$90.6M

Previous: -$44.9M-101.9%
Cash & Equivalents

$284M

No prior period
Total Assets

$1.79B

No prior period

Revenue & EPS history

Net Power · Revenue · Quarterly

$0

Q2 2025-100%vs Q2 2024
Beat estimate in 0 of 5 quarters(0%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-1.7%

Avg return

30 days after

50%

7 / 14 earnings

Positive

+41.3%

Q3 2024

Best reaction

-31.5%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q4 2025-0.5%-11.9%-22.2%
Q3 2025-4.4%-14.2%-12.2%
Q1 2025-9.1%-19.9%+21.8%
Q4 2024-31.5%-53.1%-64.5%
Q3 2024+41.3%+39.4%+14.5%
Q2 2024-1.4%+0.1%-15.0%
Q1 2024+7.3%+8.5%-3.5%
Q4 2023+4.3%+10.5%+20.3%
Q3 2023-15.7%-17.3%-22.9%
Q2 2023+9.4%+16.4%+15.0%
Q1 2023+0.0%+0.0%+41.7%
Q4 2022+0.4%+0.7%+0.0%
Q3 2022+0.1%+0.1%+2.6%
Q2 2022+0.1%-0.1%+0.5%

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