| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 8.24 | 2.4% | 1616.7% |
| Total Income | 8.24 | 2.4% | 1616.7% |
| Expenditure | 546.68 | 969.0% | 1217.6% |
| PBT | -532.65 | 1316.3% | 1069.6% |
| Net Profit | -273.32 | 1449.4% | 1465.4% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.85 | 1323.1% | 927.8% |
NuScale Power Reports Q3 2025 Results
04 May 2026 · 4 May, 7:41 am
Summary
NuScale Power Corporation announced its third quarter 2025 results, highlighting a landmark agreement between ENTRA1 Energy and the Tennessee Valley Authority for SMR deployment. Revenue increased by $7.8 million compared to the previous year, driven by engineering services for the RoPower project in Romania. General and administrative expenses saw a significant increase due to the recognition of a milestone contribution. The company's cash position remains strong, with $753.8 million in cash, cash equivalents, and investments.
Key Highlights
- 1
NuScale's exclusive global strategic partner, ENTRA1 Energy, signed an agreement with the Tennessee Valley Authority to deploy up to six gigawatts of NuScale small modular reactor capacity.
- 2
Revenue increased by $7.8 million during the three months ended September 30, 2025, compared to the same period in 2024.
- 3
General and administrative expenses increased by $502.2 million during the three months ended September 30, 2025, compared to the same period in 2024, primarily due to the recognition of Milestone Contribution 1.
- 4
The company ended the third quarter with cash, cash equivalents, and short- and long-term investments of $753.8 million.
- 5
NuScale sold 13.2 million shares through an at-the-market program during the third quarter, generating $475.2 million in gross proceeds.
Management Comments
John Hopkins
NuScale is honored that our technology was selected for ENTRA1’s historic agreement with the Tennessee Valley Authority which marks the largest SMR deployment program in U.S. history. This program underscores how, as the first and only SMR technology provider to obtain U.S. Nuclear Regulatory Commission design approval, NuScale is leading the industry and is ready for commercial deployment. We look forward to continuing to work with our global strategic partner ENTRA1 on commercializing and deploying NuScale Power Modules (“NPMs”)TM into ENTRA1 Energy PlantsTM to meet America’s demand for reliable, carbon-free baseload power for AI data centers, critical mining, semiconductor manufacturing, and other key energy-intensive industries that are driving our nation’s economic future.”
Informational and educational content only. Not investment advice.