Quarterly ResultAug 5, 2026, 04:19 PM
NuScale Q2 Revenue $75K, Net Loss $(47.5)M; Raises $1B via ATM
AI Summary
NuScale Power reported a significant decline in revenue for Q2 2026 to $75 thousand, down from $8.05 million in Q2 2025, and an increased net loss of $(47.5) million. For the first six months of 2026, the company's net loss widened to $(91.5) million. The company successfully raised $1 billion in gross proceeds through its 2026 ATM Program by issuing 89.7 million Class A common shares during the first half of the year, significantly boosting total assets to over $2 billion.
Key Highlights
- Q2 2026 revenue was $75 thousand, a significant decrease from $8.05 million in Q2 2025.
- Net loss attributable to Class A stockholders for Q2 2026 increased to $(47.5) million.
- H1 2026 net loss attributable to Class A stockholders was $(91.5) million.
- Raised $1 billion gross proceeds via ATM program by issuing 89.7 million Class A shares in H1 2026.
- Cash and cash equivalents totaled $766.46 million as of June 30, 2026.
- Total assets increased to $2.05 billion as of June 30, 2026.
- Net cash used in operating activities for H1 2026 was $(372.86) million.
- Research and development expenses rose to $31.23 million in H1 2026.
Price Impact
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