Net Power NPWR-WT
NYSE NPWR-WT
$0.33 +0.01 (+3.09%)
As of: Sep 15, 2026 · 2:54 PM EDT

Net Power (NPWR-WT) Operating Expenses (2021 - 2026)

Net Power's (NPWR-WT) quarterly Operating Expenses came in at $209.9 million in Q2 2026, up 131.84% year-over-year from $90.6 million in Q2 2025, and up 514.01% quarter-over-quarter from $34.2 million in Q1 2026.

Analysis

Net Power (NPWR-WT) Operating Expenses (2021 - 2026) Analysis & Trends

Net Power (NPWR-WT) has reported Operating Expenses for 6 consecutive years, with $209.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 131.84% year-over-year to $209.9 million in Q2 2026; TTM through Jun 2026 was $1.5 billion, a 121.9% increase from a year earlier, with the FY2025 full-year figure at $1.8 billion, up 886.97% from the prior year.
  • Operating Expenses was $209.9 million for Q2 2026 at Net Power, up from $34.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $1.2 billion in Q3 2025 and troughed at $323183.0 in Q1 2022.
  • A 5-year average of $149.6 million and a median of $47.3 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 5340.23% in 2022 and plunged 92.79% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at $14.1 million in 2022, then surged by 983.7% to $153.1 million in 2023, then slumped by 67.05% to $50.4 million in 2024, then surged by 39.07% to $70.1 million in 2025, then soared by 199.3% to $209.9 million in 2026.
  • The last three Operating Expenses figures came in at $209.9 million (Q2 2026), $34.2 million (Q1 2026), and $70.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Vistra 47.76 Bn 45.89 Bn 3.16 Bn 392.00 Mn
2 Nrg Energy 22.37 Bn 22.21 Bn 2.01 Bn 6.54 Bn
3 Talen Energy 12.95 Bn 12.59 Bn - 186.00 Mn
4 Transalta 3.42 Bn 3.08 Bn 313.03 Mn 134.46 Mn
5 Kenon Holdings 3.23 Bn 1.47 Bn 84.00 Mn -24.00 Mn
6 Central Puerto 2.07 Bn -335.79 Bn - -
7 Hallador Energy 680.60 Mn 651.62 Mn 62.37 Mn 114.16 Mn
8 Net Power 29.16 Mn 29.16 Mn - 209.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 209.94 Mn
Mar 31, 2026 34.19 Mn
Dec 31, 2025 70.15 Mn
Sep 30, 2025 1.16 Bn
Jun 30, 2025 90.56 Mn
Mar 31, 2025 474.55 Mn
Dec 31, 2024 50.44 Mn
Sep 30, 2024 47.26 Mn
Jun 30, 2024 45.06 Mn
Mar 31, 2024 38.78 Mn
Sep 30, 2023 153.06 Mn
Jun 30, 2023 114.39 Mn
Mar 31, 2023 17.09 Mn
Dec 31, 2022 14.12 Mn
Sep 30, 2022 12.35 Mn
Jun 30, 2022 13.79 Mn
Mar 31, 2022 323,183.00
Sep 30, 2021 226,939.00
Mar 31, 2021 35,288.00