Quarterly ResultMay 7, 2026, 05:08 PM
NuScale Q1 Revenue $565K, Net Loss $(46.7M); EPS $(0.14)
AI Summary
NuScale Power Corp reported a significant decline in Q1 2026 revenue to $565 thousand, a 95.8% decrease from $13.375 million in Q1 2025. The company's net loss widened by 53.6% to $(46.685) million, resulting in a loss per share of $(0.14). To bolster liquidity, NuScale initiated a new $1 billion At-The-Market (ATM) program in February 2026, selling 3.16 million shares for $37.26 million during the quarter and an additional 22.36 million shares for $213.53 million post-quarter end.
Key Highlights
- Q1 2026 revenue decreased 95.8% to $565 thousand from $13.375 million in Q1 2025.
- Q1 2026 net loss widened 53.6% to $(46.685) million from $(30.395) million year-over-year.
- Basic and diluted loss per share for Q1 2026 was $(0.14), up from $(0.11) in Q1 2025.
- Cash and cash equivalents stood at $341.129 million as of March 31, 2026.
- Total current assets were $908.465 million as of March 31, 2026.
- New $1 billion At-The-Market (ATM) Program launched on February 26, 2026.
- Sold 3.159 million Class A shares for $37.261 million under ATM in Q1 2026.
- Sold 22.360 million Class A shares for $213.528 million post-Q1 2026.
Price Impact
More from SMR