NUSCALE POWER CorpSMREarnings & Financial Report
NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Tigard, Oregon. The company's VOYGR power plant, which uses 50 MWe modules and scales to 12 modules, was the first SMR to be certified by the US Nuclear Regulatory Commission (NRC) (2022). The newer 77 MWe module designs, known as the VOYGR-4 and VOYGR-6, were submitted for NRC review on January 1, 2023, and approved May 29, 2025. NuScale is now seekin...
SMR Q3 FY2025 Key Financial Metrics
Revenue
$8.2M
Gross Profit
$2.7M
Operating Profit
$-538.4M
Net Profit
$-273.3M
Gross Margin
32.9%
Operating Margin
-6532.9%
Net Margin
-3316.2%
YoY Growth
1635.2%
EPS
$-1.85
NUSCALE POWER Corp Q3 FY2025 Financial Summary
NUSCALE POWER Corp reported revenue of $8.2M (up 1635.2% YoY) for Q3 FY2025, with a net profit of $-273.3M (down 1465.5% YoY) (-3316.2% margin). Cost of goods sold was $5.5M, operating expenses totaled $541.1M.
Key Financial Metrics
| Total Revenue | $8.2M |
|---|---|
| Net Profit | $-273.3M |
| Gross Margin | 32.9% |
| Operating Margin | -6532.9% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
NUSCALE POWER Corp Q3 FY2025 revenue of $8.2M breaks down across 2 segments, led by Power Plant And NPM Engineering Design And Licensing Services And Fees at $8.0M (97.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Power Plant And NPM Engineering Design And Licensing Services And Fees | $8.0M | 97.5% |
| Other | $208.0K | 2.5% |
NUSCALE POWER Corp Revenue by Segment — Quarterly Trend
NUSCALE POWER Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Power Plant And NPM Engineering Design And Licensing Services And Fees and Other) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|
| Power Plant And NPM Engineering Design And Licensing Services And Fees | $8.0M | $7.4M | $13.0M | — |
| Other | $208.0K | $619.0K | $406.0K | — |
NUSCALE POWER Corp Annual Revenue by Year
NUSCALE POWER Corp annual revenue history includes year-by-year totals (for example, 2023 revenue was $22.8M).
NUSCALE POWER Corp Quarterly Revenue & Net Profit History
NUSCALE POWER Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $8.2M | +1635.2% | $-273.3M | -3316.2% |
| Q2 FY2025 | $8.1M | +732.9% | $-17.6M | -219.0% |
| Q1 FY2025 | $13.4M | +869.9% | $-14.0M | -104.7% |
| Q4 FY2024 | $34.2M | +650.5% | $-75.0M | -219.1% |
| Q4 FY2023 | $4.6M | +32.6% | $-18.8M | -411.3% |
| Q3 FY2023 | $7.0M | +119.1% | $-19.1M | -275.1% |
| Q2 FY2023 | $5.8M | +110.8% | $-9.5M | -164.3% |
| Q1 FY2023 | $5.5M | +125.2% | $-11.0M | -199.1% |
Income Statement
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.5M | $5.8M | $7.0M | $4.6M | $34.2M | $13.4M | $8.1M | $8.2M |
| YoY Growth | 125.2% | 110.8% | 119.1% | 32.6% | 650.5% | 869.9% | 732.9% | 1635.2% |
Balance Sheet
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $332.4M | $309.5M | $308.5M | $224.9M | $544.7M | $618.1M | $606.5M | $883.1M |
| Liabilities | $85.7M | $85.3M | $128.9M | $95.5M | $91.6M | $88.6M | $107.6M | $448.3M |
| Equity | $109.5M | $110.1M | $105.9M | $93.5M | $618.7M | $704.0M | $692.9M | $828.7M |
Cash Flow
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-43.1M | $-39.2M | $-27.7M | $-73.2M | $-26.4M | $-22.8M | $-33.3M | $-199.8M |