NuScale Power Corporation (SMR)SMRNuScale Power Corporation

Income Statement

Revenue, expenses, and profitability analysis

Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Revenue	18.669M	565K	1.808M	8.242M	8.054M	13.375M	34.224M	475K	967K
Cost of Goods Sold	14.484M	809K	1.869M	5.533M	6.273M	6.373M	3.057M	295K	850K
Gross Profit	4.185M	-244K	-61K	2.709M	1.781M	7.002M	31.167M	180K	117K
Gross Profit Margin	-43.2%	-43.2%	-3.4%	32.9%	22.1%	52.4%	91.1%	37.9%	12.1%
Total Operating Expenses	715.953M	57.280M	72.661M	541.149M	44.863M	42.329M	43.022M	41.199M	41.995M
Research & Development	49.206M	12.805M	13.545M	11.054M	11.802M	9.131M	9.370M	12.160M	12.132M
Selling, General & Administrative	611.400M	24.839M	44.816M	519.222M	22.523M	25.755M	24.758M	18.950M	18.695M
Operating Income (EBIT)	-711.768M	-57.524M	-72.722M	-538.440M	-43.082M	-35.327M	-11.855M	-41.019M	-41.878M
Operating Margin	-10181.2%	-10181.2%	-4022.2%	-6532.9%	-534.9%	-264.1%	-34.6%	-8635.6%	-4330.7%
Income Before Tax (EBT)	-680.752M	-46.685M	-63.812M	-532.646M	-37.609M	-30.053M	-178.392M	-45.542M	-74.438M
Interest Income	38.472M	10.835M	16.424M	5.761M	5.452M	5.211M	3.113M	2.008M	1.725M
Interest Expense	—	—	—	—	—	—	—	—	—
Other Income/Expense	31.016M	10.839M	8.910M	5.794M	5.473M	5.274M	-166.537M	-4.523M	-32.560M
Net Income	-385.804M	-44.015M	-50.829M	-273.319M	-17.641M	-14.005M	-74.975M	-17.459M	-27.617M
Income Tax Expense	0.00	0.00	0.00	0.00	0.00	342K	1.923M	12K	0.00
Net Profit Margin	-7790.3%	-7790.3%	-2811.3%	-3316.2%	-219.0%	-104.7%	-219.1%	-3675.6%	-2855.9%
EBITDA	-679.575M	-46.376M	-63.542M	-532.353M	-37.304M	-29.740M	-8.196M	-45.104M	-73.991M
EBITDA Margin	-8208.1%	-8208.1%	-3514.5%	-6459.0%	-463.2%	-222.4%	-23.9%	-9495.6%	-7651.6%
Depreciation & Amortization	1.177M	309K	270K	293K	305K	313K	423K	438K	447K
EPS Basic	-2.41	-0.27	-0.16	-1.85	-0.13	-0.11	-0.77	-0.18	-0.31
EPS Diluted	-2.41	-0.27	-0.16	-1.85	-0.13	-0.11	-0.77	-0.18	-0.31
Shares Outstanding	163.732M	163.732M	163.732M	147.686M	133.418M	127.718M	93.250M	95.198M	89.554M
Diluted Shares Outstanding	163.732M	163.732M	163.732M	147.686M	133.418M	127.718M	93.250M	95.198M	89.554M

Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2014
Revenue	31.479M	37.045M	22.810M	11.804M	2.862M	600K	373K	0.00
Cost of Goods Sold	20.048M	4.937M	18.961M	7.317M	1.770M	355K	321K	0.00
Gross Profit	11.431M	32.108M	3.849M	4.487M	1.092M	245K	52K	0.00
Gross Profit Margin	36.3%	86.7%	16.9%	38.0%	38.2%	40.8%	13.9%	—
Total Operating Expenses	701.002M	170.833M	279.414M	234.482M	175.392M	159.088M	127.686M	707.00
Research & Development	45.532M	46.817M	156.050M	127.662M	94.388M	95.267M	62.553M	0.00
Selling, General & Administrative	609.825M	82.962M	75.134M	60.931M	41.909M	37.176M	38.845M	707.00
Operating Income (EBIT)	-689.571M	-138.725M	-275.565M	-229.995M	-174.300M	-158.843M	-127.634M	-710.00
Operating Margin	-2190.6%	-374.5%	-1208.1%	-1948.4%	-6090.1%	-26473.8%	-34218.2%	—
Income Before Tax (EBT)	-664.120M	-346.452M	-180.115M	-141.573M	-102.493M	-88.387M	-71.107M	-707.00
Interest Income	25.302M	8.388M	10.792M	3.760M	—	—	—	—
Interest Expense	—	—	—	—	1.715M	653K	172K	—
Other Income/Expense	25.451M	-207.727M	95.450M	88.422M	71.807M	70.456M	56.527M	3.00
Net Income	-355.794M	-136.623M	-58.362M	-57.069M	-102.493M	-88.387M	-71.107M	-707.00
Income Tax Expense	342K	1.935M	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit Margin	-1130.3%	-368.8%	-255.9%	-483.5%	-3581.2%	-14731.2%	-19063.5%	—
EBITDA	-662.939M	-133.647M	-177.558M	-138.875M	-98.583M	-156.765M	-125.027M	-710.00
EBITDA Margin	-2106.0%	-360.8%	-778.4%	-1176.5%	-3444.5%	-26127.5%	-33519.3%	—
Depreciation & Amortization	1.181M	1.842M	2.557M	2.698M	2.195M	2.078M	2.607M	0.00
EPS Basic	-2.17	-1.47	-0.80	-0.51	-2.35	-2.03	-1.63	-0.00
EPS Diluted	-2.17	-1.47	-0.80	-0.51	-2.35	-2.03	-1.63	-0.00
Shares Outstanding	163.732M	93.250M	73.386M	50.764M	43.615M	43.615M	43.615M	43.615M
Diluted Shares Outstanding	163.732M	93.250M	73.386M	50.764M	43.615M	43.615M	43.615M	43.615M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About NuScale Power Corporation

NuScale Power Corporation specializes in the development and sale of modular light water reactor nuclear power facilities. These innovative plants are designed to provide energy for a wide array of applications, including the generation of electricity, district heating systems, water desalination, hydrogen production, and various industrial heat processes. Key products in their portfolio include the NuScale Power Module, an individual water reactor unit capable of producing 77 megawatts of electricity (MWe). They also offer the VOYGR-12 power plant, which delivers a substantial 924 MWe, along with four-module VOYGR-4 and six-module VOYGR-6 configurations. Beyond these standard offerings, NuScale provides other adaptable configurations tailored to meet specific customer demands. Established in 2007, the company maintains its headquarters in Portland, Oregon, and operates as a subsidiary of Fluor Enterprises, Inc.

Portland, OR

330 employees

www.nuscalepower.com

Utilities / Renewable Utilities

Sector: Utilities
Industry: Renewable Utilities
CEO: John Lawrence Hopkins

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