NET Power Inc. (NPWR-WT) Operating Expenses (2021 - 2026)

NET Power (NPWR-WT) has reported Operating Expenses for 6 consecutive years, with $34.2 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 92.79% year-over-year to $34.2 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 118.92% YoY), while the FY2025 annual figure was $1.8 billion, up 886.97% from the prior year.
• Operating Expenses eased to $34.2 million in Q1 2026 per NPWR-WT's latest filing, from $70.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $1.2 billion in Q3 2025 and bottomed at $323183.0 in Q1 2022.
• Historically, Operating Expenses has averaged $145.8 million across 5 years, with a median of $46.2 million in 2024.
• Annual changes were most pronounced in 2022 — Operating Expenses soared 5340.23% — and 2026, when it tumbled 92.79%.
• NET Power's Operating Expenses stood at $14.1 million in 2022, then jumped by 983.7% to $153.1 million in 2023, then slumped by 67.05% to $50.4 million in 2024, then jumped by 39.07% to $70.1 million in 2025, then sank by 51.26% to $34.2 million in 2026.
• Business Quant data shows NPWR-WT's Operating Expenses at $34.2 million in Q1 2026, $70.1 million in Q4 2025, and $1.2 billion in Q3 2025.