NET Power (NPWR-WT) Free Cash Flow (2021 - 2026)
NET Power's (NPWR-WT) quarterly Free Cash Flow came in at -$50.9 million in Q1 2026, down 73.56% year-on-year from -$192.4 million in Q1 2025, and down 309.85% on a QoQ basis from -$12.4 million in Q4 2025.
NET Power (NPWR-WT) Free Cash Flow (2021 - 2026) Analysis & Trends
NET Power (NPWR-WT) has 6 years of Free Cash Flow data on file, last reported at -$50.9 million in Q1 2026.
- On a quarterly basis, Free Cash Flow fell 73.56% year-over-year to -$50.9 million in Q1 2026; TTM through Mar 2026 was -$142.1 million, a 3528.09% decrease from a year earlier, with the FY2025 full-year figure at -$120.5 million, down 266.85% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$50.9 million, down from -$12.4 million in the prior quarter.
- Over the last five years, Free Cash Flow for NPWR-WT reached as high as $25.4 million in Q4 2024 and fell as low as -$51.1 million in Q3 2025.
- Historically, Free Cash Flow has averaged -$18.0 million across 5 years, with a median of -$12.3 million in 2024.
- Across the five-year window, Free Cash Flow tumbled 5613.57% in 2022 and plunged 73.56% in 2026, its largest moves.
- Year by year, Free Cash Flow stood at -$4.1 million in 2022, then sank by 759.82% to -$35.4 million in 2023, then soared by 171.78% to $25.4 million in 2024, then slumped by 148.88% to -$12.4 million in 2025, then tumbled by 309.85% to -$50.9 million in 2026.
- Per Business Quant data, the three most recent Free Cash Flow figures were -$50.9 million in Q1 2026, -$12.4 million in Q4 2025, and -$51.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 5.11 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 314.00 Mn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 974.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 120.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 694.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 528.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 426.05 Mn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 274.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 163.40 Mn |
| 10 | NET Power | 15.48 Mn | 15.48 Mn | - | -50.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -50.86 Mn |
| Mar 31, 2026 | -50.86 Mn |
| Dec 31, 2025 | -12.41 Mn |
| Dec 31, 2025 | -12.41 Mn |
| Sep 30, 2025 | -51.11 Mn |
| Sep 30, 2025 | -51.11 Mn |
| Jun 30, 2025 | -27.69 Mn |
| Jun 30, 2025 | -27.69 Mn |
| Mar 31, 2025 | -29.31 Mn |
| Mar 31, 2025 | -29.31 Mn |
| Dec 31, 2024 | 25.39 Mn |
| Dec 31, 2024 | 25.39 Mn |
| Mar 31, 2024 | -12.18 Mn |
| Mar 31, 2024 | -12.18 Mn |
| Sep 30, 2023 | -35.37 Mn |
| Sep 30, 2023 | -35.37 Mn |
| Jun 30, 2023 | -35.98 Mn |
| Jun 30, 2023 | -35.98 Mn |
| Mar 31, 2023 | -5.76 Mn |
| Mar 31, 2023 | -5.76 Mn |