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Side-by-side financial comparison of NET Power Inc. (NPWR) and Pattern Group Inc. (PTRN), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.
American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.
Pattern Energy Group LP is an American company that develops, owns and operates utility scale wind and solar power facilities in the United States, Canada, and Mexico. It is headquartered in San Francisco, California with an operations center in Houston, Texas.
NPWR vs PTRN — Head-to-Head
Income Statement — Q4 2025 vs Q3 2025
| Metric | ||
|---|---|---|
| Revenue | $0 | $639.7M |
| Net Profit | $-19.6M | $-59.1M |
| Gross Margin | — | 44.3% |
| Operating Margin | — | -9.4% |
| Net Margin | — | -9.2% |
| Revenue YoY | — | — |
| Net Profit YoY | 42.8% | — |
| EPS (diluted) | $-0.15 | $-2.19 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.
| Q4 25 | $0 | — | ||
| Q3 25 | $0 | $639.7M | ||
| Q2 25 | $0 | — | ||
| Q1 25 | $0 | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | $12.0K | — | ||
| Q2 24 | $238.0K | — | ||
| Q1 24 | $0 | — |
| Q4 25 | $-19.6M | — | ||
| Q3 25 | $-411.5M | $-59.1M | ||
| Q2 25 | $-28.1M | — | ||
| Q1 25 | $-119.3M | — | ||
| Q4 24 | $-34.3M | — | ||
| Q3 24 | $818.0K | — | ||
| Q2 24 | $-4.3M | — | ||
| Q1 24 | $-11.4M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | 44.3% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 91.7% | — | ||
| Q2 24 | 87.4% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -9.4% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -393708.3% | — | ||
| Q2 24 | -18846.2% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | -9.2% | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 6816.7% | — | ||
| Q2 24 | -1793.3% | — | ||
| Q1 24 | — | — |
| Q4 25 | $-0.15 | — | ||
| Q3 25 | $-5.28 | $-2.19 | ||
| Q2 25 | $-0.36 | — | ||
| Q1 25 | $-1.55 | — | ||
| Q4 24 | $-0.46 | — | ||
| Q3 24 | $0.01 | — | ||
| Q2 24 | $-0.06 | — | ||
| Q1 24 | $-0.16 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $199.4M | $312.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $203.9M | $541.4M |
| Total Assets | $599.7M | $843.1M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $199.4M | — | ||
| Q3 25 | $229.3M | $312.8M | ||
| Q2 25 | $284.0M | — | ||
| Q1 25 | $300.0M | — | ||
| Q4 24 | $329.2M | — | ||
| Q3 24 | $386.3M | — | ||
| Q2 24 | $405.1M | — | ||
| Q1 24 | $428.6M | — |
| Q4 25 | $203.9M | — | ||
| Q3 25 | $143.8M | $541.4M | ||
| Q2 25 | $616.2M | — | ||
| Q1 25 | $637.2M | — | ||
| Q4 24 | $655.6M | — | ||
| Q3 24 | $767.5M | — | ||
| Q2 24 | $730.5M | — | ||
| Q1 24 | $659.8M | — |
| Q4 25 | $599.7M | — | ||
| Q3 25 | $629.9M | $843.1M | ||
| Q2 25 | $1.8B | — | ||
| Q1 25 | $1.8B | — | ||
| Q4 24 | $2.3B | — | ||
| Q3 24 | $2.3B | — | ||
| Q2 24 | $2.4B | — | ||
| Q1 24 | $2.4B | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-27.8M | — |
| Free Cash FlowOCF − Capex | $-45.9M | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue; lower = less reinvestment burden | — | — |
| Cash ConversionOCF / Net Profit; >1× = earnings back up with cash | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-154.0M | — |
8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.
| Q4 25 | $-27.8M | — | ||
| Q3 25 | $-48.0M | — | ||
| Q2 25 | $-24.6M | — | ||
| Q1 25 | $-20.4M | — | ||
| Q4 24 | $-13.0M | — | ||
| Q3 24 | $-7.8M | — | ||
| Q2 24 | $-8.2M | — | ||
| Q1 24 | $-2.7M | — |
| Q4 25 | $-45.9M | — | ||
| Q3 25 | $-51.1M | — | ||
| Q2 25 | $-27.7M | — | ||
| Q1 25 | $-29.3M | — | ||
| Q4 24 | $-42.1M | — | ||
| Q3 24 | $-30.1M | — | ||
| Q2 24 | $-15.9M | — | ||
| Q1 24 | $-12.2M | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -251091.7% | — | ||
| Q2 24 | -6691.6% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 185733.3% | — | ||
| Q2 24 | 3257.1% | — | ||
| Q1 24 | — | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | -9.59× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.
Revenue Breakdown by Segment
NPWR
Segment breakdown not available.
PTRN
| Amazon.com | $549.2M | 86% |
| Amazon Marketplaces International | $43.4M | 7% |
| Other Online Marketplaces And Channels | $39.4M | 6% |
| Saa S Logistics And Other Revenue | $7.7M | 1% |