Revenue Comparison
Chart: Revenue Comparison. Values in USD_BILLIONS. In Q4 2025: Ceres Power 0.0075, ITM Power 0.0115.
* Ceres Power, ITM Power report semi-annually. Values are evenly split across both quarters within each half.
Ceres Power vs ITM Power Net Worth and Market Cap
Ceres Power (CWR.L) and ITM Power (ITM.L) are peers in Hydrogen & Fuel Cells. Ceres Power reported revenue of $15M as of Q4 2025, compared with $23M for ITM Power. ITM Power leads on revenue.
Ceres Power's gross margin is 34.7% versus -59.0% for ITM Power. Ceres Power's net margin is -241.6% versus -78.5% for ITM Power.
Latest Quarter Comparison
Table: Latest Quarter Comparison. 15 rows across Metric, Ceres Power, ITM Power.| Metric | Ceres Power | ITM Power |
|---|---|---|
| Market Cap | - | - |
| Revenue | $15.00M | $23.00M |
| Cost of Revenue | $10.00M | $36.00M |
| Gross Profit | $5.00M | $-13.00M |
| Operating Income | $-36.00M | $-23.00M |
| Net Income | $-35.00M | $-18.00M |
| R&D Expense | $29.00M | $0 |
| Earnings Per Share | -$0.18 | -$0.03 |
| Gross Margin | 34.7% | -59.0% |
| Operating Margin | -246.0% | -99.8% |
| Net Profit Margin | -241.6% | -78.5% |
| Free Cash Flow | $-26.00M | $-8.00M |
| Cumulative Free Cash Flow | $-438.00M | $-484.00M |
| Operating Cash Flow | $-25.00M | $-2.00M |
| Cash & Equivalents | $45.00M | $249.00M |