| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 0.57 | 95.7% |
| Total Income | 0.57 | 95.7% |
| Expenditure | 58.09 | 19.3% |
| PBT | -46.69 | 55.4% |
| Net Profit | -44.02 | 214.2% |
| OPM | — | |
| NPM | — | |
| EPS | -0.14 | 27.3% |
NuScale Power Reports Q1 2026 Results
08 May 2026 · 8 May, 2:01 am
Summary
NuScale Power Corporation announced its first quarter 2026 results, reporting a decrease in revenue by $12.8 million compared to Q1 2025, primarily due to the completion of the RoPower technology license agreement and Fluor's FEED Phase 2 engineering services in 2025. Research and development expenses increased by $3.7 million, driven by activities to advance the technological readiness of NPM components. The company ended the quarter with $1 billion in liquidity. NuScale's strategic partner, ENTRA1 Energy, is progressing with the Tennessee Valley Authority on a large nuclear power deployment program.
Key Highlights
- 1
NuScale ended the first quarter of 2026 with $1 billion in liquidity and capital resources.
- 2
Revenue decreased by $12.8 million during the three months ended March 31, 2026, compared to the same period in 2025.
- 3
Research and development expenses increased by $3.7 million during the three months ended March 31, 2026, compared to the same period in 2025.
- 4
Investment income increased by $5.6 million during the three months ended March 31, 2026, compared to the same period in 2025.
- 5
ENTRA1 Energy continues its work with Tennessee Valley Authority to progress planning for the largest nuclear power deployment program in U.S. history with up to 6 gigawatts of NuScale small modular reactor capacity.
Management Comments
John Hopkins
The demand for reliable, carbon-free power has never been greater, and NuScale is the only SMR technology provider with a U.S. Nuclear Regulatory Commission (“NRC”) approved design, an established supply chain and NPM components currently in production for commercial use to meet this essential need. We ended the first quarter with $1 billion in liquidity, expanded our supply chain partnership with Framatome and saw continued progress on the TVA program. We are building the infrastructure that this pivotal moment requires.
Informational and educational content only. Not investment advice.