Quick Answer
NET Power Inc. reported R&D Expense of $99.51 million for fiscal year 2025.
NET Power Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $99.51M | +55.8% |
| 2024 | $63.85M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $24.54M | +41.6% | -7.8% |
| June 30, 2025 | $26.62M | +71.9% | +17.8% |
| March 31, 2025 | $22.60M | +101.0% | +30.4% |
| September 30, 2024 | $17.33M | — | +11.9% |
| June 30, 2024 | $15.48M | — | +37.7% |
| March 31, 2024 | $11.24M | — | — |
- NET Power Inc. showed an increase of +55.8% in R&D Expense compared to the prior fiscal year.
- Over the 2024–2025 period, NET Power Inc.’s r&d expense has grown by 55.8% (from $63.85 million to $99.51 million).
- The most recent figure is from NET Power Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 9, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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