NuScale Power (SMR) Financial Statements & Analysis

NuScale Power (SMR) Income Statement

NuScale Power reported revenue of $31.48M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 15.0% from $37.05M a year earlier. NuScale Power posted a net loss of $355.79M, compared with a net loss of $136.62M a year earlier. Gross margin was 36.3% and operating margin -2190.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $75.00K, down 99.1% from the same quarter a year earlier.

NuScale Power Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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NuScale Power Corporation income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Revenue & Gross Profit
Revenue	31.48	37.05	22.81	11.80	2.86	0.60	0.37
Cost of Revenue	20.05	4.94	18.96	7.32	1.77	0.36	0.32
Gross Profit	11.43	32.11	3.85	4.49	1.09	0.25	0.05
Operating Expenses
Research & Development	45.53	46.82	156.05	127.66	94.39	95.27	62.55
Selling, General & Administrative	113.27	75.90	65.40	55.31	41.91	37.18	38.85
Operating Expenses	701.00	170.83	279.41	234.48	175.39	159.09	127.69
Operating Income	-689.57	-138.73	-275.57	-230.00	-174.30	-158.84	-127.63
Other Income/Expense
Interest Income	25.30	8.39	10.79	3.76	0.00	0.00	0.00
Interest Expense	0.00	0.00	0.00	0.00	1.72	0.65	0.17
Other Income/Expense	25.45	238.27	48.20	84.66	71.81	70.46	56.53
Income
Income Before Tax	-664.12	-346.45	-180.12	-141.57	-102.49	-88.39	-71.11
Income Tax Expense	0.34	1.94	0.00	0.00	0.00	0.00	0.00
Net Income	-355.79	-136.62	-58.36	-57.07	-102.49	-88.39	-71.11
Net Income - Continuous Operations	-355.79	-136.62	-58.36	-141.57	-102.49	-88.39	-71.11
Net Income - Discontinued Operations	-	-	-	-	-	-	-
EBITDA	-662.94	-133.65	-273.01	-227.30	-98.58	-156.77	-125.03
EBIT	-182.18	-135.49	-275.57	-230.00	-174.30	-158.84	-
Depreciation & Amortization	1.18	1.84	2.56	2.70	2.20	2.08	2.61
Earnings Per Share
Basic EPS	-2.00	-1.00	-1.00	-1.00	-2.00	-2.00	-2.00
Diluted EPS	-2.00	-1.00	-1.00	-1.00	-2.00	-2.00	-2.00
Basic Shares Outstanding	163.73	93.25	73.39	50.76	43.62	43.62	43.62
Diluted Shares Outstanding	163.73	93.25	73.39	50.76	43.62	43.62	43.62

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About NuScale Power Financial Statements

What was NuScale Power's revenue in fiscal 2025?

NuScale Power reported revenue of $31.48M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 15.0% from $37.05M a year earlier.

Is NuScale Power profitable?

No. NuScale Power reported a net loss of $355.79M in fiscal 2025. In fiscal 2024 it lost $136.62M.

What is NuScale Power's operating margin?

NuScale Power's operating income was −$689.57M on revenue of $31.48M in fiscal 2025, an operating margin of -2190.6%, compared with -374.5% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition