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Side-by-side financial comparison of Automatic Data Processing (ADP) and NUSCALE POWER Corp (SMR). Click either name above to swap in a different company.

Automatic Data Processing is the larger business by last-quarter revenue ($5.4B vs $1.8M, roughly 2964.2× NUSCALE POWER Corp). Automatic Data Processing runs the higher net margin — 19.8% vs -2811.3%, a 2831.2% gap on every dollar of revenue. On growth, Automatic Data Processing posted the faster year-over-year revenue change (6.2% vs -94.7%). Over the past eight quarters, NUSCALE POWER Corp's revenue compounded faster (14.5% CAGR vs 1.0%).

Automatic Data Processing, Inc. (ADP) is an American multinational provider of cloud-based human resources management, payroll processing, and professional employer organization (PEO) services, headquartered in Roseland, New Jersey.

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...

ADP vs SMR — Head-to-Head

Bigger by revenue
ADP
ADP
2964.2× larger
ADP
$5.4B
$1.8M
SMR
Growing faster (revenue YoY)
ADP
ADP
+100.9% gap
ADP
6.2%
-94.7%
SMR
Higher net margin
ADP
ADP
2831.2% more per $
ADP
19.8%
-2811.3%
SMR
Faster 2-yr revenue CAGR
SMR
SMR
Annualised
SMR
14.5%
1.0%
ADP

Income Statement — Q2 2026 vs Q4 2025

Metric
ADP
ADP
SMR
SMR
Revenue
$5.4B
$1.8M
Net Profit
$1.1B
$-50.8M
Gross Margin
46.1%
-3.4%
Operating Margin
25.8%
-4022.2%
Net Margin
19.8%
-2811.3%
Revenue YoY
6.2%
-94.7%
Net Profit YoY
10.3%
32.2%
EPS (diluted)
$2.62
$-0.08

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
ADP
ADP
SMR
SMR
Q4 25
$5.4B
$1.8M
Q3 25
$5.2B
$8.2M
Q2 25
$5.1B
$8.1M
Q1 25
$5.6B
$13.4M
Q4 24
$5.0B
$34.2M
Q3 24
$4.8B
$475.0K
Q2 24
$4.8B
$967.0K
Q1 24
$5.3B
$1.4M
Net Profit
ADP
ADP
SMR
SMR
Q4 25
$1.1B
$-50.8M
Q3 25
$1.0B
$-273.3M
Q2 25
$910.7M
$-17.6M
Q1 25
$1.2B
$-14.0M
Q4 24
$963.2M
$-75.0M
Q3 24
$956.3M
$-17.5M
Q2 24
$829.3M
$-27.6M
Q1 24
$1.2B
$-16.6M
Gross Margin
ADP
ADP
SMR
SMR
Q4 25
46.1%
-3.4%
Q3 25
45.2%
32.9%
Q2 25
45.1%
22.1%
Q1 25
47.7%
52.4%
Q4 24
45.7%
91.1%
Q3 24
45.5%
37.9%
Q2 24
44.8%
12.1%
Q1 24
47.3%
46.7%
Operating Margin
ADP
ADP
SMR
SMR
Q4 25
25.8%
-4022.2%
Q3 25
25.3%
-6532.9%
Q2 25
23.2%
-534.9%
Q1 25
29.2%
-264.1%
Q4 24
25.0%
-34.6%
Q3 24
25.6%
-8635.6%
Q2 24
22.8%
-4330.7%
Q1 24
29.4%
-3188.8%
Net Margin
ADP
ADP
SMR
SMR
Q4 25
19.8%
-2811.3%
Q3 25
19.6%
-3316.2%
Q2 25
17.8%
-219.0%
Q1 25
22.5%
-104.7%
Q4 24
19.1%
-219.1%
Q3 24
19.8%
-3675.6%
Q2 24
17.4%
-2855.9%
Q1 24
22.6%
-1201.7%
EPS (diluted)
ADP
ADP
SMR
SMR
Q4 25
$2.62
$-0.08
Q3 25
$2.49
$-1.85
Q2 25
$2.23
$-0.13
Q1 25
$3.06
$-0.11
Q4 24
$2.35
$-0.77
Q3 24
$2.34
$-0.18
Q2 24
$2.01
$-0.31
Q1 24
$2.88
$-0.21

Balance Sheet & Financial Strength

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

Metric
ADP
ADP
SMR
SMR
Cash + ST InvestmentsLiquidity on hand
$2.5B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$6.4B
$1.2B
Total Assets
$84.6B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADP
ADP
SMR
SMR
Q4 25
$2.5B
$1.3B
Q3 25
$7.9B
$691.8M
Q2 25
$7.8B
$420.7M
Q1 25
$2.7B
$521.4M
Q4 24
$2.2B
$441.6M
Q3 24
$7.3B
$156.6M
Q2 24
$3.3B
$130.9M
Q1 24
$3.3B
$132.0M
Stockholders' Equity
ADP
ADP
SMR
SMR
Q4 25
$6.4B
$1.2B
Q3 25
$6.4B
$828.7M
Q2 25
$6.2B
$692.9M
Q1 25
$5.9B
$704.0M
Q4 24
$5.1B
$618.7M
Q3 24
$5.3B
$160.1M
Q2 24
$4.5B
$136.3M
Q1 24
$4.6B
$125.1M
Total Assets
ADP
ADP
SMR
SMR
Q4 25
$84.6B
$1.4B
Q3 25
$54.3B
$883.1M
Q2 25
$53.4B
$606.5M
Q1 25
$56.4B
$618.1M
Q4 24
$64.1B
$544.7M
Q3 24
$49.5B
$253.3M
Q2 24
$54.4B
$229.2M
Q1 24
$64.2B
$229.8M

Cash Flow & Capital Efficiency

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

Metric
ADP
ADP
SMR
SMR
Operating Cash FlowLast quarter
$1.1B
$-203.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADP
ADP
SMR
SMR
Q4 25
$1.1B
$-203.7M
Q3 25
$642.3M
$-199.8M
Q2 25
$1.4B
$-33.3M
Q1 25
$1.5B
$-22.8M
Q4 24
$1.2B
$-26.4M
Q3 24
$824.4M
$-12.7M
Q2 24
$1.3B
$-36.0M
Q1 24
$1.5B
$-33.5M
Free Cash Flow
ADP
ADP
SMR
SMR
Q4 25
Q3 25
$-199.9M
Q2 25
Q1 25
$-22.9M
Q4 24
$-26.5M
Q3 24
Q2 24
Q1 24
FCF Margin
ADP
ADP
SMR
SMR
Q4 25
Q3 25
-2425.1%
Q2 25
Q1 25
-170.9%
Q4 24
-77.3%
Q3 24
Q2 24
Q1 24
Capex Intensity
ADP
ADP
SMR
SMR
Q4 25
Q3 25
0.9%
Q2 25
Q1 25
0.5%
Q4 24
0.1%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
ADP
ADP
SMR
SMR
Q4 25
1.07×
Q3 25
0.63×
Q2 25
1.58×
Q1 25
1.22×
Q4 24
1.19×
Q3 24
0.86×
Q2 24
1.57×
Q1 24
1.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ADP
ADP

HCM$2.2B42%
PEO Zero Margin Benefits Pass Throughs$1.1B21%
HRO$979.3M18%
Global$709.3M13%
Interest On Funds Held For Clients$308.6M6%

SMR
SMR

Segment breakdown not available.

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