NET Power (NPWR-WT) Research & Development (2022 - 2026)

NET Power's (NPWR-WT) quarterly Research & Development came in at $1.2 million in Q1 2026, little changed year-on-year from $1.2 million in Q1 2025, and down 98.76% on a QoQ basis from $95.4 million in Q4 2025.

NET Power (NPWR-WT) Research & Development (2022 - 2026) Analysis & Trends

NET Power (NPWR-WT) has 5 years of Research & Development data on file, last reported at $1.2 million in Q1 2026.

  • On a quarterly basis, Research & Development changed 0.0% year-over-year to $1.2 million in Q1 2026; TTM through Mar 2026 was $122.7 million, a 213.17% increase from a year earlier, with the FY2025 full-year figure at $99.5 million, up 55.84% from the prior year.
  • Research & Development for Q1 2026 stood at $1.2 million, down from $95.4 million in the prior quarter.
  • Over the last five years, Research & Development for NPWR-WT reached as high as $95.4 million in Q4 2025 and fell as low as $136000.0 in Q3 2022.
  • Historically, Research & Development has averaged $11.0 million across 5 years, with a median of $1.1 million in 2023.
  • Across the five-year window, Research & Development slumped 35.54% in 2023 and jumped 1494.57% in 2024, its largest moves.
  • Year by year, Research & Development stood at $297000.0 in 2022, then jumped by 265.99% to $1.1 million in 2023, then surged by 1718.77% to $19.8 million in 2024, then soared by 382.72% to $95.4 million in 2025, then slumped by 98.76% to $1.2 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $1.2 million in Q1 2026, $95.4 million in Q4 2025, and $24.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 334.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 211.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn -
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 358.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn -
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 180.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn -
10 NET Power 15.48 Mn 15.48 Mn - 1.19 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.19 Mn
Dec 31, 2025 95.43 Mn
Sep 30, 2025 24.54 Mn
Jun 30, 2025 1.49 Mn
Mar 31, 2025 1.19 Mn
Dec 31, 2024 19.77 Mn
Sep 30, 2024 17.33 Mn
Jun 30, 2024 876,000.00
Mar 31, 2024 751,000.00
Sep 30, 2023 1.09 Mn
Jun 30, 2023 156,000.00
Mar 31, 2023 340,000.00
Dec 31, 2022 297,000.00
Sep 30, 2022 136,000.00
Jun 30, 2022 242,000.00