NET Power (NPWR) Free Cash Flow (2021 - 2026)
NET Power (NPWR) reported Free Cash Flow of -$51.2 million for Q1 2026, down 145.19% year-over-year from $113.3 million in Q1 2025, and down 268.48% quarter-over-quarter from -$13.9 million in Q4 2025.
NET Power (NPWR) Free Cash Flow (2021 - 2026) Analysis & Trends
NET Power (NPWR) has 6 years of Free Cash Flow data on file, last reported at -$51.2 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$51.2 million, down 145.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$152.3 million (down 142.0% YoY), and the FY2025 annual result was -$122.0 million, down 21.64% from the prior year.
- Free Cash Flow fell to -$51.2 million in Q1 2026 per NPWR's latest filing, from -$13.9 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$204208.0 in Q1 2022 and troughed at -$62.3 million in Q3 2025.
- A 5-year average of -$22.9 million and a median of -$17.4 million in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2025: Free Cash Flow sank 5613.57% in 2022, then surged 66.96% in 2025.
- A 5-year view of Free Cash Flow shows it stood at -$4.1 million in 2022, then plunged by 759.82% to -$35.4 million in 2023, then retreated by 18.9% to -$42.1 million in 2024, then soared by 66.96% to -$13.9 million in 2025, then plunged by 268.48% to -$51.2 million in 2026.
- Business Quant data shows NPWR's Free Cash Flow at -$51.2 million in Q1 2026, -$13.9 million in Q4 2025, and -$62.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 4.79 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 314.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 881.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 120.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 694.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 528.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 426.05 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 274.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 131.19 Mn |
| 10 | NET Power | 141.73 Mn | 454.29 Mn | - | -51.21 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -51.21 Mn |
| Mar 31, 2026 | -51.21 Mn |
| Dec 31, 2025 | -13.90 Mn |
| Dec 31, 2025 | -13.90 Mn |
| Sep 30, 2025 | -62.30 Mn |
| Sep 30, 2025 | -62.30 Mn |
| Jun 30, 2025 | -24.92 Mn |
| Jun 30, 2025 | -24.92 Mn |
| Mar 31, 2025 | -20.89 Mn |
| Mar 31, 2025 | -20.89 Mn |
| Dec 31, 2024 | -42.06 Mn |
| Dec 31, 2024 | -42.06 Mn |
| Mar 31, 2024 | -12.18 Mn |
| Mar 31, 2024 | -12.18 Mn |
| Sep 30, 2023 | -35.37 Mn |
| Sep 30, 2023 | -35.37 Mn |
| Jun 30, 2023 | -35.49 Mn |
| Jun 30, 2023 | -35.49 Mn |
| Mar 31, 2023 | -5.17 Mn |
| Mar 31, 2023 | -5.17 Mn |