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
DateValue
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