NUSCALE POWER Corp (SMR) Financial Statements
Industry: Fabricated Plate Work (Boiler Shops)
In fiscal 2025, NUSCALE POWER reported revenue of $31.5M, down 15.0% from $37.0M the year before. Net income was -$355.8M (a -1130.3% net margin), or -$2.17 per diluted share. Gross margin was 36.3% and operating margin was -2190.6%. Operating activities generated -$459.6M of cash, leaving -$460.1M of free cash flow. At fiscal year end, NUSCALE POWER held $1.41B in total assets against $299.0M in total liabilities, including $836.4M of cash and equivalents.
Open the full interactive NUSCALE POWER financials → Quarterly statements, key ratios, valuation history and price charts.
NUSCALE POWER Key Stats
| Share Price | $6.49 |
|---|---|
| Market Cap | $2.37B |
| Revenue YoY Growth | -15.0% |
| 52-Week Range | $6.49 – $53.43 |
| Shares Outstanding | 364.5 million (basic, 2026 Q2) |
NUSCALE POWER Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $11.8M | $22.8M | $37.0M | $31.5M |
| Cost of Goods Sold | $0 | $0 | $7.3M | $19.0M | $4.9M | $20.0M |
| Gross Profit | $0 | $0 | $4.5M | $3.8M | $32.1M | $11.4M |
| Operating Income | — | -$1.3M | -$230.0M | -$275.6M | -$138.7M | -$689.6M |
| Pre-Tax Income | -$112,171 | $3.2M | -$141.6M | -$180.1M | -$346.5M | -$664.1M |
| Income Tax | — | — | $0 | $0 | $1.9M | $322,000 |
| Net Income | -$112,171 | $3.2M | -$25.9M | -$58.4M | -$136.6M | -$355.8M |
| Diluted EPS | — | $0.11 | -$0.51 | -$0.80 | -$1.47 | -$2.17 |
NUSCALE POWER Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $8.2M | $1.8M | $565,000 | $75,000 |
| Net Income | -$273.3M | -$50.8M | -$44.0M | -$47.5M |
| Diluted EPS | -$1.85 | -$0.31 | -$0.14 | -$0.13 |
NUSCALE POWER Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.9M | $985,114 | $217.7M | $120.3M | $401.6M | $836.4M |
| Current Assets | $2.1M | $1.1M | $284.4M | $154.5M | $471.1M | $1.27B |
| Total Assets | $234.4M | $233.4M | $348.6M | $224.9M | $544.7M | $1.41B |
| Current Liabilities | $49,934 | $345,022 | $38.6M | $87.5M | $89.7M | $296.1M |
| Total Liabilities | $8.1M | $37.5M | $71.5M | $95.5M | $91.6M | $299.0M |
| Shareholders' Equity | $5.0M | -$36.4M | $114.7M | $93.5M | $618.7M | $1.17B |
NUSCALE POWER Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$346,232 | -$896,234 | -$148.6M | -$183.3M | -$108.7M | -$459.6M |
| Cash From Investing | -$232.3M | — | -$52.3M | $48.3M | -$39.8M | -$411.3M |
| Cash From Financing | $234.6M | -$25,000 | $368.1M | $16.1M | $429.8M | $1.31B |
| Free Cash Flow | — | — | -$150.9M | -$185.0M | -$108.7M | -$460.1M |
Figures from NUSCALE POWER's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full NUSCALE POWER financials page for every line item.
NUSCALE POWER Company Profile
| Ticker | SMR |
|---|---|
| Exchange | NYSE |
| Industry | Fabricated Plate Work (Boiler Shops) |
| Headquarters | Corvallis, Oregon |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001822966 |
Frequently Asked Questions
What was NUSCALE POWER's revenue in fiscal 2025?
NUSCALE POWER (SMR) reported revenue of $31.5M for fiscal 2025.
What is NUSCALE POWER's annual revenue history?
NUSCALE POWER's annual revenue by fiscal year: 2020: $0; 2021: $0; 2022: $11.8M; 2023: $22.8M; 2024: $37.0M; 2025: $31.5M.
What was NUSCALE POWER's net income in fiscal 2025?
NUSCALE POWER reported net income of -$355.8M for fiscal 2025.
What was NUSCALE POWER's earnings per share (EPS) in fiscal 2025?
NUSCALE POWER's diluted EPS was -$2.17 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did NUSCALE POWER generate in fiscal 2025?
NUSCALE POWER generated -$460.1M of free cash flow in fiscal 2025.
What was NUSCALE POWER's revenue last quarter?
In its most recent reported quarter (2026 Q2), NUSCALE POWER reported revenue of $75,000.
How many shares of NUSCALE POWER are outstanding?
NUSCALE POWER reported a weighted average of 364.5 million basic shares outstanding in 2026 Q2.
What is NUSCALE POWER's market cap?
Based on its latest closing price, NUSCALE POWER (SMR) has a market capitalization of about $2.37B.
When does NUSCALE POWER's fiscal year end?
NUSCALE POWER's fiscal year end, as registered with the SEC, is December 31.
Where is NUSCALE POWER headquartered?
NUSCALE POWER lists its business address in Corvallis, Oregon in its SEC filings.