ITM Power Competitors and Similar CompaniesClear all
ITM Power's competitors and similar companies include McPhy Energy and Nel Hydrogen.
 ITM Power ITM Power is a company that specializes in designing and manufacturing proton exchange membrane (PEM) electrolysers. |  Nel Hydrogen Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production. | ||
Founding Date | Founding Date 2000 | Founding Date 2008 | Founding Date 1927 |
Type | Type Public | Type Public | Type Public |
Tags | |||
Locations | Locations Rotherham, GB HQ Queensland, AU Linden, DE Edinburgh, GB Sheffield, GB | Locations Grenoble, FR HQ Foussemagne, FR Paris, FR Wildau, DE San Miniato Basso, IT | |
Employees | Employees 30814% decrease | Employees 258 | Employees 394 |
Valuation ($) | Valuation ($) 323.5 m | Valuation ($) 71.3 m | Valuation ($) 702.1 m |
Financial | |||
Revenue (est.) | Revenue (est.) £26m (FY, 2025) | Revenue (est.) €13.2m (FY, 2024) | Revenue (est.) kr963.1m (FY, 2025) |
Cost of goods | Cost of goods £42.3m (FY, 2025) | Cost of goods €10.6m (FY, 2024) | Cost of goods kr400.6m (FY, 2025) |
Gross profit | Gross profit (£12.9m) (FY, 2025) | Gross profit €4.1m (FY, 2024) | Gross profit kr678.2m (FY, 2025) |
Net income | Net income (£45.5m) (FY, 2025) | Net income (€74.1m) (FY, 2024) | Net income (kr1.3b) (FY, 2025) |
Funding | |||
Total funding raised | Total funding raised $ 15.2m | Total funding raised $ 25.5m | Total funding raised $ 75m |
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McPhy Energy
HQ
Grenoble, FR
Employees
258
McPhy Energy is a company specializing in the hydrogen energy transition.
View companyNel Hydrogen
HQ
Oslo, NO
Employees
394
Nel ASA is a company that develops and manufactures PEM and alkaline electrolysers for hydrogen production.
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