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SMRNuScale Power Corporation

Research & Development Expenses

The latest quarterly r&d expense is $12.80 Million with a quarter-over-quarter change of -5.46%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.

R&D Expense

SMR R&D Expense

$12.80M

Reported quarterly R&D expense; no daily interpolation.

-38.73% 5Y

Current R&D Expense

$12.80M

$12.80 Million

Quarter-over-Quarter Change

-5.46%

vs. $13.54M prior quarter

Historical Data

22

Quarters of data available

Quarterly R&D Expense History

PeriodR&D ExpenseQoQ Change% Change
Q1 2026$12.80M$-740,000-5.46%
Q4 2025$13.54M+$2.49M+22.53%
Q3 2025$11.05M$-748,000-6.34%
Q2 2025$11.80M+$2.67M+29.25%
Q1 2025$9.13M$-239,000-2.55%
Q4 2024$9.37M$-2.79M-22.94%
Q3 2024$12.16M+$28,000+0.23%
Q2 2024$12.13M$-1.02M-7.78%
Q1 2024$13.15M$-24.67M-65.22%
Q4 2023$37.82M$-25.90M-40.65%
Q3 2023$63.73M+$36.79M+136.61%
Q2 2023$26.93M$-638,000-2.31%
Q1 2023$27.57M$-10.42M-27.43%
Q4 2022$37.99M+$2.69M+7.61%
Q3 2022$35.30M+$5.80M+19.65%
Q2 2022$29.51M+$4.64M+18.67%
Q1 2022$24.86M$-2.25M-8.31%
Q4 2021$27.11M+$745,000+2.83%
Q3 2021$26.37M+$5.47M+26.17%
Q2 2021$20.90M+$2.15M+11.46%
Q1 2021$18.75M$-5.64M-23.13%
Q4 2020$24.39M
Data as of Thursday, June 25, 2026

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