profit from every £100 of sales.
£0£100
ITM Power
£0.75+0.74% today
-1.8% in 1 year
1-year low £0.591-year high £2.09
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What ITM Power sold, what it kept, and what it did with the cash.
Sales went from £5.63 million in 2022 to £26.0 million in 2025, with -£45.5 million of profit last year.
SalesProfit
ITM Power vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| ITM Power | No profit yet | ||
 GE Vernova | 44.9× · Expensive | ||
 Schneider Electric S.E. | 33.1× · Expensive | ||
 Eaton | 34.2× · Expensive | ||
 Parker-Hannifin | 33.1× · Expensive |
AI analysis
An AI analyst reads ITM Power's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 6 | 5 | 17 | 26 | |
| -23 | -79 | -17 | -24 | |
| -45 | -99 | -36 | -41 | |
| -43 | -97 | -20 | -37 | |
| -47 | -101 | -27 | -46 | |
| -0.08 | -0.17 | -0.04 | -0.07 | |
| -417.2% | -1,512.0% | -100.9% | -91.0% | |
| -795.0% | -1,896.7% | -220.9% | -159.2% | |
| -829.8% | -1,935.4% | -164.9% | -174.8% |
Balance sheet
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 458 | 402 | 382 | 342 |
| Cash | 366 | 283 | 230 | 207 |
| Total debt | 7 | 8 | 13 | 12 |
| Total liabilities | 63 | 107 | 113 | 118 |
| 395 | 296 | 269 | 224 | |
| 577 | 615 | 617 | 617 | |
| -8.6% | -24.9% | -7.0% | -14.1% | |
| -11.8% | -34.2% | -10.1% | -20.3% |
Cash flow
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -38 | -73 | -51 | -20 | |
| 11 | 15 | 15 | 13 | |
| -49 | -88 | -65 | -33 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 1 | 1 | 0 | 1 |
Valuation
- –
- –
- –
- 3.6×
- 19.8×
- –
- –
- -6.4%
- -8.8%
- –
Profitability
- -91.0%
- -159.2%
- -174.8%
- –
- -14.1%
- -13.6%
- –
- –
- –
- –
Growth
- +66.6%
- –
- –
- –
- +2.3%
Financial health
- -5.3×
- 0.05
- –
- -45.1×
- 3.07
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 3%of 979
Bottom 1%of 984
Top 2%of 983
Bottom 8%of 986
News
Anthropic's S-1 Says It Will Expand Its Data Center Footprint. Here's Who Could Pour the Concrete, Wire the Power, and Cool the Chips.Yahoo Finance · Nov 10, 2026Monolithic Power Systems rises 17%, its fifth gain in seven sessionsSeeking Alpha · Nov 9, 2026Bloom Energy Jumps 8%, FuelCell Energy Rises 3% as Fuel Cell Stocks Rebound; Plug Power Holds Steady Ahead of EarningsYahoo Finance · Nov 9, 2026Anthropic strikes $3.4B generator deal to secure data center power: FTSeeking Alpha · Nov 8, 2026The Healthcare ETF Showdown: Broad Global Health or Targeted Pharma Power?Yahoo Finance · Nov 7, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
28No pass
Benjamin Graham
40No pass
Philip Fisher
39No pass
Peter Lynch
71Pass
Joel Greenblatt
0No pass
Charlie Munger
28No pass
Terry Smith
30No pass
Questions about ITM Power
Is ITM Power a good stock to buy?
A business with weak numbers that is not profitable yet. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the ITM Power AI analysis
What does ITM Power do?
ITM Power Plc designs and manufactures proton exchange membrane (PEM) electrolysers in the United Kingdom, Germany, rest of Europe, the United States, Australia, and internationally. It is in Specialty Industrial Machinery, based in Sheffield, United Kingdom, with 306 employees.
Is ITM Power stock halal?
No. ITM Power does not pass our halal screen: its cash and confirmed interest-bearing investments are 40% of its market value, at or above the 33% limit. How we check
How has ITM Power stock done over the past year?
Down 1.8% over the past twelve months, to £0.75. It traded between £0.59 and £2.09 and is 64.3% below its high.
Who are ITM Power's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Parker-Hannifin. The peers table on this page compares their profit, growth and price with ITM Power's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.