Fluence Energy, Inc. (FLNC) vs NuScale Power Corporation (SMR)

FLNC leads on 5 of 8 compared metrics.

A side-by-side comparison of Fluence Energy, Inc. and NuScale Power Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — FLNC vs SMR

growth of $100 · last 5y
FLNC -39.4%SMR +9.0%SMR compounded faster
0100200300400500Start $10020222023202420252026$61$109
FLNC SMR

FLNC vs SMR: by the numbers

  • FLNC is the larger company ($3.91B vs $3.04B market cap).
  • Both run net losses; FLNC's is the smaller (-1.62% vs -2066.55% net margin).
  • SMR grew revenue faster over the past five years (120.81% vs 32.16% CAGR).

Which is better, FLNC or SMR?

Metric tally: FLNC 5 · SMR 3

It depends on what you're optimizing for:

GrowthSMR(faster 5Y revenue CAGR)
QualityFLNC(higher ROIC)

Metrics side by side

Valuation

MetricFLNCSMR
Forward P/E97.63
P/S ratio1.0889.54
P/B ratio7.611.43

Profitability

MetricFLNCSMR
Gross margin11.51%22.42%
Operating margin-1.90%-3812.57%
Net margin-1.62%-2066.55%
ROE-11.35%-33.06%
ROIC-4.70%-61.76%

Growth (annualized)

MetricFLNCSMR
Revenue CAGR (5Y)32.16%120.81%
FCF CAGR (5Y)19.46%
Total return CAGR (5Y)0.40%

Frequently asked

Which is better, FLNC or SMR?
It depends on your goal. growth: SMR (faster 5Y revenue CAGR); quality: FLNC (higher ROIC). Across all compared metrics, FLNC leads 5 to 3.
Which has grown faster, FLNC or SMR?
Over the past five years, SMR grew revenue faster — FLNC at a 32.16% CAGR versus SMR at 120.81%.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.