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Side-by-side financial comparison of NET Power Inc. (NPWR) and Woodward, Inc. (WWD). Click either name above to swap in a different company.

Woodward, Inc. produced more free cash flow last quarter ($70.3M vs $-45.9M).

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.

NPWR vs WWD — Head-to-Head

Bigger by revenue
WWD
WWD
Infinity× larger
WWD
$996.5M
$0
NPWR
More free cash flow
WWD
WWD
$116.2M more FCF
WWD
$70.3M
$-45.9M
NPWR

Income Statement — Q4 2025 vs Q1 2026

Metric
NPWR
NPWR
WWD
WWD
Revenue
$0
$996.5M
Net Profit
$-19.6M
$133.7M
Gross Margin
29.3%
Operating Margin
17.0%
Net Margin
13.4%
Revenue YoY
29.0%
Net Profit YoY
42.8%
53.5%
EPS (diluted)
$-0.15
$2.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NPWR
NPWR
WWD
WWD
Q4 25
$0
$996.5M
Q3 25
$0
$995.3M
Q2 25
$0
$915.4M
Q1 25
$0
$883.6M
Q4 24
$0
$772.7M
Q3 24
$12.0K
$854.5M
Q2 24
$238.0K
$847.7M
Q1 24
$0
$835.3M
Net Profit
NPWR
NPWR
WWD
WWD
Q4 25
$-19.6M
$133.7M
Q3 25
$-411.5M
$137.6M
Q2 25
$-28.1M
$108.4M
Q1 25
$-119.3M
$108.9M
Q4 24
$-34.3M
$87.1M
Q3 24
$818.0K
$83.3M
Q2 24
$-4.3M
$102.1M
Q1 24
$-11.4M
$97.6M
Gross Margin
NPWR
NPWR
WWD
WWD
Q4 25
29.3%
Q3 25
27.9%
Q2 25
27.2%
Q1 25
27.2%
Q4 24
24.5%
Q3 24
91.7%
24.3%
Q2 24
87.4%
27.1%
Q1 24
28.1%
Operating Margin
NPWR
NPWR
WWD
WWD
Q4 25
17.0%
Q3 25
16.1%
Q2 25
13.9%
Q1 25
15.0%
Q4 24
13.2%
Q3 24
-393708.3%
11.9%
Q2 24
-18846.2%
14.4%
Q1 24
14.4%
Net Margin
NPWR
NPWR
WWD
WWD
Q4 25
13.4%
Q3 25
13.8%
Q2 25
11.8%
Q1 25
12.3%
Q4 24
11.3%
Q3 24
6816.7%
9.7%
Q2 24
-1793.3%
12.0%
Q1 24
11.7%
EPS (diluted)
NPWR
NPWR
WWD
WWD
Q4 25
$-0.15
$2.17
Q3 25
$-5.28
$2.23
Q2 25
$-0.36
$1.76
Q1 25
$-1.55
$1.78
Q4 24
$-0.46
$1.42
Q3 24
$0.01
$1.36
Q2 24
$-0.06
$1.63
Q1 24
$-0.16
$1.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NPWR
NPWR
WWD
WWD
Cash + ST InvestmentsLiquidity on hand
$199.4M
$454.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$203.9M
$2.6B
Total Assets
$599.7M
$4.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NPWR
NPWR
WWD
WWD
Q4 25
$199.4M
$454.2M
Q3 25
$229.3M
$327.4M
Q2 25
$284.0M
$473.2M
Q1 25
$300.0M
$364.1M
Q4 24
$329.2M
$283.7M
Q3 24
$386.3M
$282.3M
Q2 24
$405.1M
$308.3M
Q1 24
$428.6M
$316.9M
Total Debt
NPWR
NPWR
WWD
WWD
Q4 25
Q3 25
$579.9M
Q2 25
Q1 25
Q4 24
Q3 24
$655.5M
Q2 24
Q1 24
Stockholders' Equity
NPWR
NPWR
WWD
WWD
Q4 25
$203.9M
$2.6B
Q3 25
$143.8M
$2.6B
Q2 25
$616.2M
$2.5B
Q1 25
$637.2M
$2.3B
Q4 24
$655.6M
$2.2B
Q3 24
$767.5M
$2.2B
Q2 24
$730.5M
$2.2B
Q1 24
$659.8M
$2.3B
Total Assets
NPWR
NPWR
WWD
WWD
Q4 25
$599.7M
$4.7B
Q3 25
$629.9M
$4.6B
Q2 25
$1.8B
$4.7B
Q1 25
$1.8B
$4.5B
Q4 24
$2.3B
$4.3B
Q3 24
$2.3B
$4.4B
Q2 24
$2.4B
$4.3B
Q1 24
$2.4B
$4.4B
Debt / Equity
NPWR
NPWR
WWD
WWD
Q4 25
Q3 25
0.23×
Q2 25
Q1 25
Q4 24
Q3 24
0.30×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NPWR
NPWR
WWD
WWD
Operating Cash FlowLast quarter
$-27.8M
$114.4M
Free Cash FlowOCF − Capex
$-45.9M
$70.3M
FCF MarginFCF / Revenue
7.1%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
0.86×
TTM Free Cash FlowTrailing 4 quarters
$-154.0M
$409.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NPWR
NPWR
WWD
WWD
Q4 25
$-27.8M
$114.4M
Q3 25
$-48.0M
$233.3M
Q2 25
$-24.6M
$125.6M
Q1 25
$-20.4M
$77.8M
Q4 24
$-13.0M
$34.5M
Q3 24
$-7.8M
$141.8M
Q2 24
$-8.2M
$153.2M
Q1 24
$-2.7M
$97.3M
Free Cash Flow
NPWR
NPWR
WWD
WWD
Q4 25
$-45.9M
$70.3M
Q3 25
$-51.1M
$180.9M
Q2 25
$-27.7M
$99.1M
Q1 25
$-29.3M
$59.4M
Q4 24
$-42.1M
$942.0K
Q3 24
$-30.1M
$117.7M
Q2 24
$-15.9M
$137.3M
Q1 24
$-12.2M
$82.8M
FCF Margin
NPWR
NPWR
WWD
WWD
Q4 25
7.1%
Q3 25
18.2%
Q2 25
10.8%
Q1 25
6.7%
Q4 24
0.1%
Q3 24
-251091.7%
13.8%
Q2 24
-6691.6%
16.2%
Q1 24
9.9%
Capex Intensity
NPWR
NPWR
WWD
WWD
Q4 25
4.4%
Q3 25
5.3%
Q2 25
2.9%
Q1 25
2.1%
Q4 24
4.3%
Q3 24
185733.3%
2.8%
Q2 24
3257.1%
1.9%
Q1 24
1.7%
Cash Conversion
NPWR
NPWR
WWD
WWD
Q4 25
0.86×
Q3 25
1.70×
Q2 25
1.16×
Q1 25
0.71×
Q4 24
0.40×
Q3 24
-9.59×
1.70×
Q2 24
1.50×
Q1 24
1.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NPWR
NPWR

Segment breakdown not available.

WWD
WWD

Transferred At Point In Time$253.6M25%
Commercial OEM$187.9M19%
Transportation$166.3M17%
Defense OEM$138.2M14%
Power Generation$122.8M12%
Oil And Gas$72.4M7%
Defense Aftermarket$63.8M6%

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