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Nel logo
Nel
ITM Power logo
ITM Power

Revenue Comparison

Chart: Revenue Comparison. Values in USD_BILLIONS. In Q2 2026: Nel 0.153, ITM Power 0.0115.

* ITM Power reports semi-annually. Values are evenly split across both quarters within each half.

Nel vs ITM Power: Revenue Comparison

Nel (NEL.OL) and ITM Power (ITM.L) are peers in Hydrogen & Fuel Cells. Nel reported revenue of $153M as of Q2 2026, compared with $23M for ITM Power. Nel leads on revenue.

Nel's gross margin is 54.1% versus -59.0% for ITM Power. Nel's net margin is -122.9% versus -78.5% for ITM Power.

Latest Quarter Comparison

Table: Latest Quarter Comparison. 15 rows across Metric, Nel, ITM Power.
MetricNelITM Power
Market Cap--
Revenue$153.00M$23.00M
Cost of Revenue$70.00M$36.00M
Gross Profit$83.00M$-13.00M
Operating Income$-234.00M$-23.00M
Net Income$-189.00M$-18.00M
R&D Expense$0$0
Earnings Per Share-$0.1-$0.03
Gross Margin54.1%-59.0%
Operating Margin-152.2%-99.8%
Net Profit Margin-122.9%-78.5%
Free Cash Flow$-73.00M$-8.00M
Cumulative Free Cash Flow$-6.34B$-484.00M
Operating Cash Flow$2.00M$-2.00M
Cash & Equivalents$1.33B$249.00M
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