| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 0.08 | 86.0% | 99.0% |
| Total Income | 0.08 | 86.0% | 99.0% |
| Expenditure | 64.08 | 10.3% | 25.3% |
| PBT | -50.06 | 7.2% | 33.1% |
| Net Profit | -47.54 | 8.0% | 169.5% |
| OPM | — | ||
| NPM | — | ||
| EPS | -0.13 | 7.1% | 0.0% |
NuScale Power Reports Q2 2026 Results
06 Aug 2026 · 6 Aug, 1:53 am
Summary
NuScale Power Corporation announced its financial results for the second quarter ended June 30, 2026. The company reported a decrease in revenue of $8.0 million compared to the prior year, primarily due to the completion of FEED Phase 2 engineering services for the RoPower project. Research and development expenses increased by $6.6 million, driven by efforts to advance NPM component readiness, while general and administrative expenses rose by $4.4 million due to increased headcount and organizational costs. The company ended the quarter with a strong liquidity position of $1.9 billion in cash and investments.
Key Highlights
- 1
NuScale ended the second quarter with a strong liquidity position of $1.9 billion in cash, cash equivalents and short- and long-term investments to support near-term commercial readiness.
- 2
Revenue decreased by $8.0 million during the three months ended June 30, 2026, as compared to the same period in the prior year, primarily due to revenue recognized from completed FEED Phase 2 engineering services for the RoPower project.
- 3
Research and development expenses increased $6.6 million during the three months ended June 30, 2026, as compared to the same period in the prior year, due to increased activities to advance the technological readiness and design maturity of NPM components.
- 4
General and administrative expenses increased $4.4 million during the three months ended June 30, 2026, as compared to the same period in the prior year, primarily due to higher personnel, equity-based compensation, and organizational costs.
- 5
Other expenses increased $8.0 million during the three months ended June 30, 2026, as compared to the same period in the prior year, due to fewer commercial projects and higher other compensation costs for supply chain readiness.
- 6
Investment income increased $8.5 million during the three months ended June 30, 2026, as compared to the same period in the prior year, primarily due to the Company’s stronger cash position and higher investments.
Management Comments
John Hopkins
As demand for clean, reliable power grows more urgent by the day, the question for off- takers is no longer whether to go with nuclear — it is which technology can actually deliver, and when. At NuScale, we have spent years doing the work that makes near-term deployment possible, and that work is now substantially complete. We hold the only U.S. Nuclear Regulatory Commission design certification in the SMR industry, our technology runs on fuel that is proven and available today, and we have built a supply chain of more than 60 specialized partners with over 30 agreements already executed. No one is better positioned to deliver carbon-free, 24/7 power on the shortest possible timeline.
Informational and educational content only. Not investment advice.