Quarterly ResultMay 7, 2026, 04:31 PM
NuScale Power Q1 Net Loss $(44.0)M; Revenue $0.565M
AI Summary
NuScale Power reported a net loss attributable to Class A common stockholders of $(44.0) million, or $(0.14) per share, for Q1 2026, compared to a net loss of $(14.0) million, or $(0.11) per share, in Q1 2025. Revenue decreased significantly to $0.565 million from $13.375 million in the prior year, primarily due to the completion of the RoPower technology license agreement and FEED services in 2025. Despite the financial downturn, the company maintained a strong liquidity position of $1 billion and highlighted progress on key projects, including the TVA program with ENTRA1 Energy and the RoPower project in Romania, alongside an expanded partnership with Framatome.
Key Highlights
- Net Loss Attributable to Class A Common Stockholders was $(44.0) million, up from $(14.0) million in Q1 2025.
- Loss per share was $(0.14), compared to $(0.11) in Q1 2025.
- Revenue decreased by $12.8 million to $0.565 million in Q1 2026.
- Ended Q1 2026 with $1.0 billion in liquidity and capital resources.
- ENTRA1 Energy continues planning with TVA for up to 6 GW NuScale SMR capacity.
- Shareholders approved the next phase of the RoPower project in Romania for 6 NPMs.
- Expanded global supply chain partnership with Framatome for accelerated fuel delivery.