Quarterly ResultAug 5, 2026, 04:23 PM
NuScale Power Q2 Revenue $75K, Net Loss $(50.06M)
AI Summary
NuScale Power reported its second-quarter 2026 financial results, with revenue significantly decreasing to $75,000 from $8.05 million in the prior year. The company's net loss widened to $(50.06) million, compared to $(37.61) million in Q2 2025. Despite the financial performance, NuScale maintained a strong liquidity position of $1.9 billion in cash and investments. The company highlighted ongoing discussions for a power purchase agreement with TVA and progress on the RoPower project in Romania, alongside a contract award to Paragon for HIPS design.
Key Highlights
- Q2 2026 Revenue: $75,000, down from $8.05 million in Q2 2025.
- Q2 2026 Net Loss: $(50.06) million, compared to $(37.61) million in Q2 2025.
- Q2 2026 Loss per Share: $(0.13), same as Q2 2025.
- Ended Q2 2026 with $1.9 billion in cash, equivalents, and investments.
- Advancing discussions with ENTRA1 and TVA for a power purchase agreement.
- Progressing RoPower project in Romania for six NuScale Power Modules.
- Awarded Paragon contract for Highly Integrated Protection System (HIPS) design.
- Investment income increased $8.5 million in Q2 2026.
Price Impact
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