NUSCALE POWER Corp

NUSCALE POWER CorpSMREarnings & Financial Report

NYSE · energy industry

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 Q4 2025 Key Financial Metrics

Revenue

$1.8M

Gross Profit

$-61.0K

Operating Profit

$-72.7M

Net Profit

$-50.8M

Gross Margin

-3.4%

Operating Margin

-4022.2%

Net Margin

-2811.3%

YoY Growth

-94.7%

EPS

$-0.08

Financial Flow

NUSCALE POWER Corp Q4 2025 Financial Summary

NUSCALE POWER Corp reported revenue of $1.8M (down 94.7% YoY) for Q4 2025, with a net profit of $-50.8M (up 32.2% YoY) (-2811.3% margin). Cost of goods sold was $1.9M, operating expenses totaled $72.7M.

Key Financial Metrics

Total Revenue$1.8M
Net Profit$-50.8M
Gross Margin-3.4%
Operating Margin-4022.2%
Report PeriodQ4 2025

NUSCALE POWER Corp Annual Revenue by Year

NUSCALE POWER Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $31.5M). Click any linked year to see what changed vs the prior annual report.

YearAnnual Revenue
2025$31.5Mvs 2024
2024$37.0Mvs 2023
2023$22.8Mvs 2022
2022$11.8M

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.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 2025$1.8M-94.7%$-50.8M-2811.3%
Q3 2025$8.2M+1635.2%$-273.3M-3316.2%
Q2 2025$8.1M+732.9%$-17.6M-219.0%
Q1 2025$13.4M+869.9%$-14.0M-104.7%
Q4 2024$34.2M+650.5%$-75.0M-219.1%
Q3 2024$475.0K-93.2%$-17.5M-3675.6%
Q2 2024$967.0K-83.3%$-27.6M-2855.9%
Q1 2024$1.4M-75.0%$-16.6M-1201.7%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$1.4M$967000$475000$34.2M$13.4M$8.1M$8.2M$1.8M
YoY Growth-75.0%-83.3%-93.2%650.5%869.9%732.9%1635.2%-94.7%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$229.8M$229.2M$253.3M$544.7M$618.1M$606.5M$883.1M$1.41B
Liabilities$101.1M$135.9M$163.2M$91.6M$88.6M$107.6M$448.3M$299.0M
Equity$125.1M$136.3M$160.1M$618.7M$704.0M$692.9M$828.7M$1.17B

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$-33.5M$-36.0M$-12.7M$-26.4M$-22.8M$-33.3M$-199.8M$-203.7M