NET Power Inc - Class A NPWR Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$1.00 down $0.10, 9.09% at close Oct 16
Last close · Previous close $1.10
- Market cap
- $224.76MAt the Oct 16 close
- P/E ratio
- n/mLoss over last 12 months
- Diluted EPS
- −$6.44Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$1.00down $0.10, 9.09%Fri, Oct 16 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$1.10Oct 15
- Volume467.26KOct 16 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume560.70KLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $0.99 to $4.32; now $1.00
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Oct 16 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
NPWR trailed the S&P 500 in all 6 periods.
| Period | NPWR and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | NPWR: down 42.9% S&P 500: up 1.5% | NPWR trailed the S&P 500 by 44.4 percentage points Trailed |
| 3M | NPWR: down 35.1% S&P 500: up 1.9% | NPWR trailed the S&P 500 by 37.0 percentage points Trailed |
| YTD | NPWR: down 56.1% S&P 500: up 12.8% | NPWR trailed the S&P 500 by 68.9 percentage points Trailed |
| 1Y | NPWR: down 75.4% S&P 500: up 16.8% | NPWR trailed the S&P 500 by 92.2 percentage points Trailed |
| Long term | ||
| 3Y | NPWR: down 92.7% S&P 500: up 81.5% −58.2% vs +22.0% a year | NPWR trailed the S&P 500 by 174.2 percentage points Trailed |
| 5Y | NPWR: down 89.9% S&P 500: up 83.1% −36.8% vs +12.9% a year | NPWR trailed the S&P 500 by 173.0 percentage points Trailed |
$10,000 invested in NPWR 5 years ago (Oct 15, 2021) would be worth about $1,012 at the close on , with dividends reinvested. The same amount in the S&P 500 would be worth about $18,305.
NPWR trailed the S&P 500 in all 6 periods.
| Period | NPWR and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | NPWR: down 42.9% S&P 500: up 1.2% | NPWR trailed the S&P 500 by 44.1 percentage points Trailed |
| 3M | NPWR: down 35.1% S&P 500: up 1.7% | NPWR trailed the S&P 500 by 36.8 percentage points Trailed |
| YTD | NPWR: down 56.1% S&P 500: up 11.9% | NPWR trailed the S&P 500 by 68.0 percentage points Trailed |
| 1Y | NPWR: down 75.4% S&P 500: up 15.5% | NPWR trailed the S&P 500 by 90.9 percentage points Trailed |
| Long term | ||
| 3Y | NPWR: down 92.7% S&P 500: up 75.0% −58.2% vs +20.5% a year | NPWR trailed the S&P 500 by 167.7 percentage points Trailed |
| 5Y | NPWR: down 89.9% S&P 500: up 71.2% −36.8% vs +11.4% a year | NPWR trailed the S&P 500 by 161.1 percentage points Trailed |
$10,000 invested in NPWR 5 years ago (Oct 15, 2021) would be worth about $1,012 at the close on , not counting dividends. The same amount in the S&P 500 would be worth about $17,118.
All-time high
$16.51
Closing high on . Now 93.9% below that record.
Split-adjusted daily closes since Aug 6, 2021.
Stock splits
NPWR hasn’t split since its price history begins in 2021.
Valuation
The Oct 16 close compared with the last 12 months of reported results (the four quarters to Jun 30, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
n/mDiluted EPS of −$6.44 over the last 12 months
A P/E ratio isn’t meaningful while earnings over the last 12 months are negative. How to read P/E
Other valuation measures
- 2.7×Book value as of Jun 30, 2026
Price relative to accounting equity (book value) per share on the Jun 30, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - −74.45%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - −$81.51MAt the Oct 16 close
What it would cost to buy the whole business: the market cap at the Oct 16 close, plus debt, minus cash and short-term investments from the Jun 30, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own NPWR DCF in Excel. Value NET Power with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q2 FY26, the quarter ended Jun 30, 2026. “Last 12 months” means the four quarters from Jul 1, 2025 to Jun 30, 2026, and balance-sheet figures are as of Jun 30, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $0.00
- Net income
- −$1.45B
- Diluted EPS
- −$6.44
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q3 FY23 (Sep 30, 2023) | $0.00 | −$202.55M | −$0.96 |
| Q4 FY23 (Dec 31, 2023) | $0.00 | $60.74M | $0.34 |
| Q1 FY25 (Mar 31, 2025) | $0.00 | −$373.59M | −$1.55 |
| Q2 FY25 (Jun 30, 2025) | $0.00 | −$82.05M | −$0.36 |
| Q3 FY25 (Sep 30, 2025) | $0.00 | −$1.16B | −$5.28 |
| Q4 FY25 (Dec 31, 2025) | $0.00 | −$57.99M | −$0.13 |
| Q1 FY26 (Mar 31, 2026) | $0.00 | −$25.81M | −$0.12 |
| Q2 FY26 (Jun 30, 2026) | $0.00 | −$206.93M | −$0.91 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Dec 31, 2021) | $2.10M | −$38.29M | −$10.77 |
| FY22 (Dec 31, 2022) | $580.00K | −$54.78M | −$14.79 |
| FY24 (Dec 31, 2024) | $250.00K | −$164.64M | −$0.67 |
| FY25 (Dec 31, 2025) | $0.00 | −$1.67B | −$7.34 |
Margins
- Gross —
- Operating —
- Net —
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- −$167.34MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow−$136.55MLast 12 months
- Capital spending$30.79MLast 12 months
Shareholder returns
- $485.00KLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$0.00Last 12 months
Balance sheet
- $309.58MAs of Jun 30, 2026
Cash plus short- and long-term marketable securities on the Jun 30, 2026 balance sheet.
- Total debt$3.30MAs of Jun 30, 2026
- Net cash$306.27MAs of Jun 30, 2026
- 17.80As of Jun 30, 2026
Current assets divided by current liabilities on the Jun 30, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.04As of Jun 30, 2026
Total debt divided by shareholders’ equity on the Jun 30, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- −911.5%Last 12 months
Over the last 12 months, NET Power lost money: its net loss was 911.5% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - −274.9%Last 12 months
Over the last 12 months, NET Power’s net loss was 274.9% of its total assets (averaged over the last four quarter-ends).
ROA = Net income (last 12 months) ÷ Average total assets
About NET Power Inc - Class A
Rice Acquisition Corp II - Class A
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Headquarters
- North Carolina, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
NPWR news
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NPWR stock FAQ
What is NPWR stock’s price today?
NET Power (NPWR) traded at $1.00 at the close on , down $0.10 (9.09%) from the previous close of $1.10. Over the past 52 weeks it has traded between $0.99 and $4.32.
If you invested $1,000 in NPWR 5 years ago, how much would you have now?
With dividends reinvested, $1,000 invested in NPWR on would be worth about $101 at the close on , a total return of −89.9%. The same $1,000 would be worth $246 if invested one year ago. Past performance doesn’t predict future returns.
What is NET Power’s market cap?
NET Power’s market capitalization is about $224.8 million. That’s Tiingo’s daily market cap for , at that day’s closing price of $1.00 (how market cap works). NET Power reported 224.76M shares outstanding at the end of its latest quarter ().
What is NPWR’s P/E ratio?
NPWR’s P/E ratio isn’t meaningful right now because its earnings over the four quarters to are negative (diluted EPS of −$6.44).
What are NPWR’s earnings per share?
NPWR’s diluted earnings per share were −$6.44 over the four quarters to . The latest quarter (Q2 FY26) brought −$0.91 per share, against −$0.36 a year earlier (how EPS works).
Does NPWR pay a dividend?
NET Power hasn’t paid a dividend in the last twelve months.
What is NPWR’s 52-week high and low?
Over the past 52 weeks NPWR has traded as low as $0.99 and as high as $4.32. At $1.00 at the close on , it is 76.9% below that high and 1.0% above the low.
What is NPWR’s all-time high?
NPWR’s highest closing price was $16.51 on , adjusted for stock splits. At $1.00 at the close on , it is 93.9% below that record.
Has NPWR stock ever split?
No. NPWR hasn’t split since its price history begins in 2021.
How has NPWR stock performed?
Including dividends and measured to the close on , NPWR has returned −56.1% so far this year and −75.4% over the past year, and −89.9% over five years (−36.8% a year). Over the same periods the S&P 500, measured by SPY, returned +12.8%, +16.8% and +83.1%. Past performance doesn’t predict future returns.
What sector and industry is NET Power in?
NET Power is in the Industrials sector and the Specialty Industrial Machinery industry, and is headquartered in North Carolina, USA.
What exchange does NPWR trade on?
NET Power trades on the NYSE under the ticker symbol NPWR. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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