NUSCALE POWER Corp

NuScale Power Corporation has entered into a Sales Agreement with several sales agents for an at-the-market equity offering program. Under this program, the company may sell up to $750,000,000 worth of its Class A common stock from time to time. The sales agents, including UBS Securities LLC and B. Riley Securities, Inc., will receive a commission of up to 2% of the gross sales proceeds for shares sold through them.

NuScale Power reported its second-quarter 2026 financial results, with revenue significantly decreasing to $75,000 from $8.05 million in the prior year. The company's net loss widened to $(50.06) million, compared to $(37.61) million in Q2 2025. Despite the financial performance, NuScale maintained a strong liquidity position of $1.9 billion in cash and investments. The company highlighted ongoing discussions for a power purchase agreement with TVA and progress on the RoPower project in Romania, alongside a contract award to Paragon for HIPS design.

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.

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.

NuScale Power reported a net loss attributable to Class A common stockholders of $(44.0) million, or $(0.14) per share, for Q1 2026, compared to a net loss of $(14.0) million, or $(0.11) per share, in Q1 2025. Revenue decreased significantly to $0.565 million from $13.375 million in the prior year, primarily due to the completion of the RoPower technology license agreement and FEED services in 2025. Despite the financial downturn, the company maintained a strong liquidity position of $1 billion and highlighted progress on key projects, including the TVA program with ENTRA1 Energy and the RoPower project in Romania, alongside an expanded partnership with Framatome.

NuScale Power Corporation (SMR) has announced it will host an update call to discuss its business and financial results. The call is scheduled for Thursday, May 7, 2026, at 5:00 p.m. Eastern Time. This routine announcement provides investors and analysts with the date and time to gain insights into the company's recent performance and operational developments. The company typically uses these calls to provide updates on its strategic initiatives and project pipeline.