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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |