NET Power Inc. (NPWR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -51.1M | -27.8M | -48.01M | -24.6M | -20.37M | -12.97M | -7.84M | -8.17M | -2.66M | -3.01M | -35.37M | -40.97M | -5.14M | -4M | -3.04M | -9.38M | -3.9M | -72K | -1.23M | -26.85K |
| Operating CF Margin % | - | - | - | - | - | - | -65358.33% | -3434.45% | - | - | - | -32776.8% | -10288% | -66650% | -2158.87% | -4510.96% | -1741.07% | -12.93% | - | - |
| Operating CF Growth % | -150.82% | -114.39% | -512.09% | -200.95% | -665.08% | -331.44% | 77.83% | 80.05% | 48.23% | 24.83% | -1062.06% | -336.66% | -31.9% | -5453.86% | -146.82% | -34846.52% | - | - | - | - |
| Net Income | -9.86M | 288.6M | -1.16B | -82.05M | -373.59M | -34.32M | -6.81M | -17.22M | -41.63M | 60.73M | -202.55M | -52.11M | -17.07M | -17.44M | -12.22M | -13.77M | -11.35M | 1.76M | -5.35M | -6.17M |
| Depreciation & Amortization | 3.41M | 3.61M | 15.74M | 21.51M | 21.69M | 21.33M | 20.21M | 20.05M | 20.03M | 19.99M | 24.95M | 7.4M | 3.27M | 3.41M | 3.27M | 3.33M | 3.33M | 0 | 0 | 0 |
| Stock-Based Compensation | 0 | 22.33M | 11.66M | 13.91M | 10.2M | 0 | 8.99M | 8.53M | 6.27M | 7.55M | 6.57M | 0 | 4.63M | 0 | 3.41M | 0 | 1.92M | 0 | 0 | 0 |
| Deferred Taxes | 0 | -1.9M | -1.18M | -1.62M | 397K | 557K | -4.75M | -2.35M | -4.04M | -5.03M | -681K | -672K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -13.08M | -364.86M | 1.1B | -1.63M | 319.77M | -271K | -28.36M | -17.65M | 14.61M | -87.33M | 147.57M | 16.18M | 1.84M | 9.14M | 2.14M | 4.61M | 2.64M | -2.01M | 5.09M | 6.03M |
| Working Capital Changes | -31.58M | 24.41M | -18.76M | 25.29M | 1.16M | -269K | 2.87M | 469K | 2.1M | 1.07M | -11.23M | -11.77M | 2.18M | 888K | 359K | -3.55M | -437K | 181.41K | -971.34K | 110.28K |
| Change in Receivables | 563K | 94K | 440K | 4.31M | -1.42M | -1.1M | -1.25M | -28K | 1.45M | 903K | -2.9M | -2.41M | 289K | 43K | -62K | 0 | -74K | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | -1.09M | 123K | 269K | 196K | -2.24M | -549K | 1.66M | -711K | 2.08M | -1.07M | -887K | 169K | 95K | 341K | -181K | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -16.33M | -2.07M | -6.63M | 8.65M | -8.76M | -39.21M | -10.88M | -12.92M | -105.67M | -5.34M | -95.93M | 5.64M | -615K | -115K | 0 | 0 | 0 | 0 | 0 | -345.03M |
| Capital Expenditures | -8.31M | -17.88M | -3.31M | -3.09M | -8.93M | -29.7M | -22.29M | -7.75M | -9.52M | -5.34M | -3.88M | -2.31M | -615K | -115K | 0 | 0 | 0 | 0 | 0 | 0 |
| CapEx % of Revenue | - | - | - | - | - | - | 185733.33% | 3257.14% | - | - | - | 1846.4% | 1230% | 1916.67% | - | 0% | - | 0% | - | - |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1K | 7.95M | 7.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 99.61M | 0 | -321K | -513K | 0 | -180K | -412K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing | -73K | -66K | -65K | -49K | -50K | -4.84M | -152K | 61K | 0 | 27K | 319.53M | 329.66M | 5.84M | 1K | 0 | 21.55M | 21.47M | -166.59K | 18.46M | 330.63M |
| Debt Issued (Net) | -49K | 149K | -50K | -49K | -50K | -67K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 160K | -157K | 157K | 0 | 0 | 11K | -61K | 61K | 0 | -540.45M | 321.47M | 329.66M | 5.84M | 1K | 0 | 29.47M | 0 | 0 | 18.46M | 330.63M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -218.98M | -218.98M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -184K | -58K | -172K | 0 | 0 | -4.78M | -91K | 0 | 0 | 540.48M | -1.94M | 0 | 0 | 0 | 0 | 85K | 21.47M | -166.59K | 0 | 0 |
| Net Change in Cash | -66.28M | -29.89M | -54.71M | -15.99M | -29.19M | -57.03M | -18.87M | -21.04M | -108.33M | -8.32M | 188.23M | 647.8M | 77K | 3.15M | -3.05M | -154.27K | 17.57M | -238.59K | -1.3M | 4.11M |
| Free Cash Flow | -59.41M | -44.85M | -51.31M | -28.01M | -29.82M | -42.67M | -30.31M | -16.34M | -12.18M | -8.35M | -39.25M | -43.28M | -5.76M | -4.11M | -3.04M | -9.38M | -3.9M | -72K | -1.23M | -26.85K |
| FCF Margin % | - | - | - | - | - | - | -252591.67% | -6864.71% | - | - | - | -34623.2% | -11518% | -68566.67% | -2158.87% | -4510.96% | -1741.07% | -12.93% | - | - |
| FCF Growth % | -99.25% | -5.12% | -69.29% | -71.46% | -144.73% | -411.14% | 22.77% | 62.25% | -111.56% | -102.92% | -1189.36% | -361.26% | -47.67% | -5613.89% | -146.82% | -34845.21% | - | - | - | - |
| FCF per Share | -0.70 | -0.57 | -0.66 | -0.36 | -0.39 | -0.56 | -0.41 | -0.23 | -0.17 | -0.12 | -0.57 | -0.64 | -0.13 | -0.10 | -2.66 | -2.52 | -0.09 | -0.00 | -0.03 | -0.00 |
| FCF Conversion (FCF/Net Income) | 5.18x | 1.42x | 0.12x | 0.87x | 0.17x | 0.38x | -9.59x | 1.92x | 0.23x | -0.13x | 1.16x | 0.79x | 0.30x | 0.23x | 0.25x | 0.68x | 0.34x | 0.01x | 0.23x | 0.00x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81K | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |