NET Power Inc. (NPWR)

NET Power Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2022	Dec 31, 2021
Net Income	-1,673	-164.64	4.23	-38.29
Depreciation & Amortization	62.39	81.62	-	12.74
Stock-Based Compensation	46.43	33.67	-	7.21
Other Adjustments	1,412	12.53	-10.14	0.47
Change in Receivables	-	0.06	-	-0.02
Changes in Accounts Payable	-1.66	2.48	-0.03	1.09
Changes in Accrued Expenses	-4.15	4.02	4.61	-5.54
Changes in Other Operating Activities	37.91	-1.38	0.47	2
Operating Cash Flow	-120.78	-31.65	-0.86	-20.33
Capital Expenditures	-33.21	-68.65	-	-
Purchases of Intangible Assets	-1.22	-1.2	-	-
Purchases of Investments	-186.02	-169.89	-	-
Proceeds from Sale of Investments	211.65	71.08	-	-
Investing Cash Flow	-8.81	-168.67	-	-
Long-Term Debt Issued	-	-	-	8
Net Long-Term Debt Issued (Repaid)	-	-	-	8
Issuance of Common Stock	0.14	0.02	-	-
Net Common Stock Issued (Repurchased)	0.14	0.02	-	-
Other Financing Activities	-0.37	-4.95	-0.09	-
Financing Cash Flow	-0.23	-4.93	-0.09	8
Net Cash Flow	-129.82	-205.25	-0.94	-12.33
Free Cash Flow	-154	-100.3	-0.86	-20.33
FCF Margin	-	-40120.00%	-	-966.71%
Free Cash Flow Per Share	-1.95	-1.37	-0.23	-5.72
Levered Free Cash Flow	-517.35	-31.1	9.12	-19.99
Unlevered Free Cash Flow	-1,726	-152.29	5.06	-27.41

Updated Dec 31, 2025. Data Source: Fiscal.ai. Utilities template. Financial Sources.

SEC Filings: 10-K · 10-Q