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) Research & Development (2022 - 2026)

Net Power's (NPWR-WT) quarterly Research & Development came in at $4.2 million in Q2 2026, down 84.15% year-over-year from $26.6 million in Q2 2025, and down 78.58% quarter-over-quarter from $19.7 million in Q1 2026.

Analysis

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

Net Power (NPWR-WT) has reported Research & Development for 5 consecutive years, with $4.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 84.15% year-over-year to $4.2 million in Q2 2026; TTM through Jun 2026 was $74.2 million, a 14.03% decrease from a year earlier, with the FY2025 full-year figure at $99.5 million, up 55.84% from the prior year.
  • Research & Development was $4.2 million for Q2 2026 at Net Power, down from $19.7 million in the prior quarter.
  • Over five years, Research & Development peaked at $26.6 million in Q2 2025 and troughed at $136000.0 in Q3 2022.
  • A 5-year average of $11.8 million and a median of $13.4 million in 2024 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development surged 9825.0% in 2024 and slumped 84.15% in 2026, its largest moves.
  • Over 5 years, Research & Development stood at $297000.0 in 2022, then soared by 265.99% to $1.1 million in 2023, then jumped by 1718.77% to $19.8 million in 2024, then jumped by 30.23% to $25.7 million in 2025, then tumbled by 83.61% to $4.2 million in 2026.
  • The last three Research & Development figures came in at $4.2 million (Q2 2026), $19.7 million (Q1 2026), and $25.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Vistra 47.76 Bn 45.89 Bn 3.16 Bn -
2 Nrg Energy 22.37 Bn 22.21 Bn 2.01 Bn -
3 Talen Energy 12.95 Bn 12.59 Bn - -
4 Transalta 3.42 Bn 3.08 Bn 313.03 Mn -
5 Kenon Holdings 3.23 Bn 1.47 Bn 84.00 Mn -1.00 Mn
6 Central Puerto 2.07 Bn -335.79 Bn - -
7 Hallador Energy 680.60 Mn 651.62 Mn 62.37 Mn 287,000.00
8 Net Power 29.16 Mn 29.16 Mn - 4.22 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 4.22 Mn
Mar 31, 2026 19.70 Mn
Dec 31, 2025 25.75 Mn
Sep 30, 2025 24.54 Mn
Jun 30, 2025 26.62 Mn
Mar 31, 2025 22.60 Mn
Dec 31, 2024 19.77 Mn
Sep 30, 2024 17.33 Mn
Jun 30, 2024 15.48 Mn
Mar 31, 2024 11.24 Mn
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