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NuScale Power Corporation(SMR)Earnings, Financials & Key Ratios
SMR•NYSE•Utilities
$13.54
$2.22B mkt cap·Price updated May 6, 2026
AboutNuScale Power Corporation develops and sells modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module, a water reactor that can generate 77 megawatts of electricity (MWe); The VOYGR-12 power plant that can generate 924 MWe; and four-module VOYGR-4 and six-module VOYGR-6 plants, as well as other configurations based on customer needs. NuScale Power Corporation was founded in 2007 and is headquartered in Portland, Oregon. NuScale Power Corporation operates as a subsidiary of Fluor Enterprises, Inc.Show more
- Revenue$0-100.0%
- EBITDA-$690M-403.8%
- Net Income-$356M-160.4%
- Free Cash Flow-$871M-486.4%
- ROE-45.42%+3.2%
- CapEx Coverage-1.12+59.0%
SMR Key Insights
NuScale Power Corporation (SMR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗Weak Piotroski F-Score: 0/9
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗Shares diluted 75.6% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
SMR Price & Volume
NuScale Power Corporation (SMR) stock price & volume — 10-year historical chart
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SMR Growth Metrics
NuScale Power Corporation (SMR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-
TTM765.67%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-372.54%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-204.26%
Return on Capital
10 Years-458.18%
5 Years-217%
3 Years-85.92%
Last Year-87.76%
SMR Recent Earnings
NuScale Power Corporation (SMR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 2/12 qtrs (17%)
Q1 2026Latest
Feb 26, 2026EPS
$0.80
Est $0.10
-700.0%
Revenue
$2M
Est $9M
-79.0%
Q4 2025
Nov 6, 2025EPS
$1.85
Est $0.14
-1225.0%
Revenue
$8M
Est $11M
-25.5%
Q3 2025
Aug 7, 2025EPS
$0.13
Est $0.12
-8.3%
Revenue
$8M
Est $12M
-30.9%
Q2 2025
May 12, 2025EPS
$0.11
Est $0.13
+16.5%
Revenue
$13M
Est $3M
+310.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 26, 2026 | $0.80vs $0.10-700.0% | $2Mvs $9M-79.0% |
| Q4 2025 | Nov 6, 2025 | $1.85vs $0.14-1225.0% | $8Mvs $11M-25.5% |
| Q3 2025 | Aug 7, 2025 | $0.13vs $0.12-8.3% | $8Mvs $12M-30.9% |
| Q2 2025 | May 12, 2025 | $0.11vs $0.13+16.5% | $13Mvs $3M+310.8% |
Based on last 12 quarters of dataView full earnings history →
SMR Peer Comparison
NuScale Power Corporation (SMR) competitors in Grid, Storage and Power Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 OKLO | 12.78B | 79.62 | -110.58 | -11.59% | 0.00 | |||
 UUUU | 5.83B | 23.50 | -63.51 | -15.61% | -82.7% | -10.16% | 0.99 | |
 NNE | 1.47B | 29.07 | -27.42 | -7.25% | 0.02 | |||
 BWXT | 19.72B | 215.20 | 59.94 | 18.3% | 10.21% | 27.91% | 1.63 | |
 LEU | 4.38B | 231.32 | 59.31 | 1.52% | 13.4% | 10.71% | 1.59 | |
 CEG | 100.82B | 322.78 | 43.62 | 8.34% | 9.08% | 15.61% | 0.61 | |
 VST | 53.59B | 158.29 | 71.62 | -12.41% | 5.64% | 18.87% | 3.99 | |
 ETR | 51.71B | 112.96 | 28.89 | 8.98% | 13.56% | 10.57% | 1.80 |
Compare SMR vs Peers
NuScale Power Corporation (SMR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SMR Income Statement
NuScale Power Corporation (SMR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Revenue | 373K | 600K | 2.86M | 11.8M | 22.81M | 37.05M | 0 | 63.9M |
| Revenue Growth % | - | 60.86% | 377% | 312.44% | 93.24% | 62.41% | -100% | 765.67% |
| Cost of Revenue | 321K | 355K | 1.77M | 7.32M | 18.96M | 4.94M | 0 | 21.24M |
| Gross Profit | 52K▲ 0% | 245K▲ 371.2% | 1.09M▲ 345.7% | 4.49M▲ 310.9% | 3.85M▼ 14.2% | 32.11M▲ 734.2% | 11.43M▼ 64.4% | 42.66M▲ 0% |
| Gross Margin % | 13.94% | 40.83% | 38.16% | 38.01% | 16.87% | 86.67% | - | 66.76% |
| Gross Profit Growth % | - | 371.15% | 345.71% | 310.9% | -14.22% | 734.19% | -64.4% | - |
| Operating Expenses | 127.69M | 159.09M | 175.39M | 234.48M | 279.41M | 170.83M | 655.36M | 671.36M |
| Other Operating Expenses | - | - | - | - | - | - | - | - |
| EBITDA | -125.03M | -156.76M | -172.1M | -227.3M | -273.01M | -136.88M | -689.57M | -627.37M |
| EBITDA Margin % | -33519.3% | -26127.5% | -6013.45% | -1925.59% | -1196.88% | -369.5% | - | -981.88% |
| EBITDA Growth % | - | -25.38% | -9.79% | -32.07% | -20.11% | 49.86% | -403.77% | -220.26% |
| Depreciation & Amortization | 2.61M | 2.08M | 2.19M | 2.7M | 2.56M | 1.84M | 0 | 1.33M |
| D&A / Revenue % | 698.93% | 346.33% | 76.69% | 22.86% | 11.21% | 4.97% | - | 2.09% |
| Operating Income (EBIT) | -127.63M▲ 0% | -158.84M▼ 24.5% | -174.3M▼ 9.7% | -230M▼ 32.0% | -275.56M▼ 19.8% | -138.72M▲ 49.7% | -689.57M▼ 397.1% | -628.7M▲ 0% |
| Operating Margin % | -34218.23% | -26473.83% | -6090.15% | -1948.45% | -1208.09% | -374.48% | - | -983.96% |
| Operating Income Growth % | - | -24.45% | -9.73% | -31.95% | -19.81% | 49.66% | -397.08% | - |
| Interest Expense | 172K | 653K | 1.72M | 0 | 0 | 0 | 0 | 0 |
| Interest Coverage | -742.06x | -243.25x | -101.63x | - | - | - | - | - |
| Interest / Revenue % | 46.11% | 108.83% | 59.92% | 0% | 0% | 0% | - | 0% |
| Non-Operating Income | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 2M |
| Pretax Income | -71.11M▲ 0% | -88.39M▼ 24.3% | -102.49M▼ 16.0% | -141.57M▼ 38.1% | -180.12M▼ 27.2% | -346.45M▼ 92.4% | -664.12M▼ 91.7% | -778.7M▲ 0% |
| Pretax Margin % | -19063.54% | -14731.17% | -3581.17% | -1199.36% | -789.63% | -935.22% | - | -1218.72% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 1.94M | -308.33M | 2.27M |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | -0.56% | 46.43% | -0.29% |
| Net Income | -71.11M▲ 0% | -88.39M▼ 24.3% | -102.49M▼ 16.0% | -57.07M▲ 44.3% | -58.36M▼ 2.3% | -136.62M▼ 134.1% | -355.79M▼ 160.4% | -379.94M▲ 0% |
| Net Margin % | -19063.54% | -14731.17% | -3581.17% | -483.47% | -255.86% | -368.8% | - | -594.63% |
| Net Income Growth % | - | -24.3% | -15.96% | 44.32% | -2.27% | -134.1% | -160.42% | -372.54% |
| EPS (Diluted) | -1.63▲ 0% | -2.03▼ 24.5% | -2.35▼ 15.8% | -0.51▲ 78.3% | -0.80▼ 56.9% | -1.47▼ 83.7% | -2.17▼ 47.6% | -2.57▲ 0% |
| EPS Growth % | - | -24.54% | -15.76% | 78.3% | -56.86% | -83.75% | -47.62% | -204.26% |
| EPS (Basic) | -1.63 | -2.03 | -2.35 | -0.51 | -0.80 | -1.47 | -2.17 | - |
| Diluted Shares Outstanding | 43.62M | 43.62M | 43.62M | 50.76M | 73.39M | 93.25M | 163.73M | 147.69M |
SMR Balance Sheet
NuScale Power Corporation (SMR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 75.69M | 47.06M | 121.2M | 348.63M | 224.86M | 544.67M | 1.41B | 883.13M |
| Asset Growth % | - | -37.83% | 157.55% | 187.66% | -35.5% | 142.23% | 159.33% | 724.41% |
| PP&E (Net) | 6.33M | 7.72M | 6.23M | 8.64M | 6.68M | 2.42M | 1.92M | 2.12M |
| PP&E / Total Assets % | 8.37% | 16.41% | 5.14% | 2.48% | 2.97% | 0.44% | 0.14% | 0.24% |
| Total Current Assets | 41.27M | 11.63M | 86.07M | 284.42M | 154.55M | 471.14M | 1.27B | 719.82M |
| Cash & Equivalents | 17.13M | 4.86M | 77.09M | 217.69M | 120.27M | 401.56M | 836.42M | 407.58M |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 5.1M | 5.1M | 9.98M | 5.1M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 32.95M | 131.16M |
| Goodwill | 8.26M | 8.26M | 8.26M | 8.26M | 8.26M | 8.26M | 8.26M | 8.26M |
| Intangible Assets | 1.59M | 1.41M | 1.24M | 1.06M | 17.78M | 17.6M | 527K | 571K |
| Other Assets | 18.24M | 18.04M | 19.4M | 46.27M | 37.59M | 45.26M | 96.28M | 90.38M |
| Total Liabilities | 39.03M | 76.2M | 54.94M | 71.55M | 95.52M | 91.55M | 298.96M | 448.32M |
| Total Debt | 16.83M | 36.89M | 15.44M | 4.35M | 2.94M | 0 | 0 | 0 |
| Net Debt | -303K | 32.03M | -61.65M | -213.33M | -117.33M | -401.56M | -836.42M | -407.58M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Borrowings | 13.21M | 33.91M | 14.04M | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 3.62M | 2.98M | 1.4M | 4.35M | 2.94M | 0 | 0 | 0 |
| Total Current Liabilities | 34.67M | 70.54M | 48.41M | 38.56M | 87.46M | 89.72M | 296.06M | 445.63M |
| Accounts Payable | 8.88M | 14.56M | 18.49M | 20.26M | 40.84M | 47.95M | 0 | 403.42M |
| Accrued Expenses | 11.14M | 7.13M | 14.68M | 16.73M | 8.55M | 1.36M | 0 | 3.06M |
| Deferred Revenue | 0 | 0 | 0 | 0 | 898K | 762K | 613K | 630K |
| Other Current Liabilities | 0 | 13.36M | 0 | 0 | 36.57M | 39.66M | 295.44M | 41.02M |
| Deferred Taxes | 0 | 0 | 0 | 0 | -1000K | 0 | 0 | 0 |
| Other Liabilities | 2.18M | 4.25M | 6.32M | 30.2M | 7.16M | 1.65M | 2.9M | 2.21M |
| Total Equity | 36.66M▲ 0% | -29.14M▼ 179.5% | 66.26M▲ 327.4% | 277.09M▲ 318.2% | 129.34M▼ 53.3% | 453.12M▲ 250.3% | 1.11B▲ 145.8% | 434.82M▲ 0% |
| Equity Growth % | - | -179.49% | 327.39% | 318.19% | -53.32% | 250.34% | 145.75% | 1378.86% |
| Shareholders Equity | 36.66M | -29.14M | 66.26M | 114.68M | 93.46M | 618.7M | 1.17B | 828.71M |
| Minority Interest | 0 | 0 | 0 | 162.41M | 35.88M | -165.57M | -55.29M | -393.89M |
| Common Stock | 17.19M | 20.9M | 28.18M | 23K | 23K | 27K | 34K | 30K |
| Additional Paid-in Capital | 0 | 0 | 0 | 296.75M | 333.89M | 995.75M | 0 | 1.51B |
| Retained Earnings | -590.74M | -679.13M | -781.62M | -182.09M | -240.45M | -377.08M | -732.87M | -682.04M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Return on Assets (ROA) | -93.94% | -144.01% | -121.83% | -24.29% | -20.35% | -35.51% | -36.36% | -43.02% |
| Return on Equity (ROE) | -193.97% | -2351.03% | -552.24% | -33.24% | -28.72% | -46.91% | -45.42% | -87.38% |
| Debt / Equity | 0.46x | - | 0.23x | 0.02x | 0.02x | - | - | 0.00x |
| Debt / Assets | 22.23% | 78.4% | 12.74% | 1.25% | 1.31% | - | - | 0% |
| Net Debt / EBITDA | - | - | - | - | - | - | - | 0.65x |
| Book Value per Share | 0.84 | -0.67 | 1.52 | 5.46 | 1.76 | 4.86 | 6.8 | 2.94 |
SMR Cash Flow Statement
NuScale Power Corporation (SMR) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -66.41M | -47.23M | -99.16M | -148.61M | -183.25M | -108.67M | -459.61M | -459.61M |
| Operating CF Growth % | - | 28.88% | -109.93% | -49.86% | -23.31% | 40.7% | -322.96% | -1366.36% |
| Operating CF / Revenue % | -17804.83% | -7872.5% | -3464.78% | -1258.97% | -803.39% | -293.34% | - | -719.32% |
| Net Income | -71.11M | -88.39M | -102.49M | -141.57M | -58.36M | -348.39M | -355.79M | -379.94M |
| Depreciation & Amortization | 2.61M | 2.08M | 2.19M | 2.7M | 2.56M | 1.84M | 1.18M | 1.33M |
| Deferred Taxes | 20K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1.99M | 2.19M | 1.63M | -9.76M | -146.94M | 223.88M | -124.16M | 240.29M |
| Working Capital Changes | -3.96M | 33.17M | -6.93M | -9.3M | 3.25M | 357K | 0 | -29.93M |
| Capital Expenditures | -1.08M | -3.53M | -1.95M | -52.33M | 48.27M | -39.85M | -411.26M | -301.38M |
| CapEx / Revenue % | 288.47% | 587.67% | 68.2% | 443.34% | 211.64% | 107.57% | - | 471.67% |
| CapEx / D&A | 0.41x | 1.70x | 0.89x | 19.40x | 18.88x | 21.63x | 348.23x | 225.92x |
| CapEx Coverage (OCF/CapEx) | -61.72x | -13.40x | -50.80x | -2.84x | -3.80x | -2.73x | -1.12x | -1.53x |
| Cash from Investing | -1.08M | -3.53M | -1.95M | -52.33M | 48.27M | -39.85M | -411.26M | -301.38M |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | -232.3M | 0 | -50M | 0 | -65M | -666.85M | -192.22M |
| Sale of Investments | 0 | 0 | 0 | 0 | 1000K | 1000K | 1000K | 2M |
| Other Investing | 0 | 232.3M | 0 | 0 | 0 | 195K | 0 | -153.97M |
| Cash from Financing | 77M | 38.49M | 173.34M | 368.06M | 16.13M | 429.81M | 1.31B | 879.66M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio % | - | - | - | - | - | - | - | - |
| Debt Issuance (Net) | 0 | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 |
| Stock Issued | 0 | 0 | 113K | 20K | 9.84M | 204.65M | 1.3B | 202.31M |
| Share Repurchases | 0 | -49K | -17K | -566K | 0 | 0 | 0 | 0 |
| Other Financing | 196K | 43K | 748K | 368.63M | 6.29M | 225.16M | 1.31B | 677.35M |
| Net Change in Cash | 9.51M▲ 0% | -12.27M▼ 229.0% | 72.23M▲ 688.8% | 167.12M▲ 131.4% | -118.85M▼ 171.1% | 281.29M▲ 336.7% | 0▼ 100.0% | 295.96M▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
| Cash at Beginning | 7.62M | 17.13M | 4.86M | 77.09M | 244.22M | 125.36M | 406.66M | 302.8M |
| Cash at End | 17.13M | 4.86M | 77.09M | 244.22M | 125.36M | 406.66M | 0 | 412.69M |
| Free Cash Flow | -67.49M▲ 0% | -50.76M▲ 24.8% | -101.11M▼ 99.2% | -200.94M▼ 98.7% | -134.98M▲ 32.8% | -148.51M▼ 10.0% | -870.87M▼ 486.4% | -583.7M▲ 0% |
| FCF Growth % | - | 24.79% | -99.2% | -98.73% | 32.83% | -10.03% | -486.39% | -275.34% |
| FCF Margin % | -18093.3% | -8460.17% | -3532.98% | -1702.31% | -591.75% | -400.9% | - | -913.53% |
| FCF / Net Income % | 94.91% | 57.43% | 98.65% | 352.1% | 231.28% | 108.7% | 244.77% | 153.63% |
SMR Key Ratios
NuScale Power Corporation (SMR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -2351.03% | -552.24% | -33.24% | -28.72% | -46.91% | -45.42% | -87.38% |
| EBITDA Margin | -26127.5% | -6013.45% | -1925.59% | -1196.88% | -369.5% | - | -981.88% |
| Net Debt / EBITDA | - | - | - | - | - | - | 0.65x |
| Interest Coverage | -243.25x | -101.63x | - | - | - | - | - |
| CapEx / Revenue | 587.67% | 68.2% | 443.34% | 211.64% | 107.57% | - | 471.67% |
| Dividend Payout Ratio | - | - | - | - | - | - | 0% |
| Debt / Equity | - | 0.23x | 0.02x | 0.02x | - | - | 0.00x |
| EPS Growth | -24.54% | -15.76% | 78.3% | -56.86% | -83.75% | -47.62% | -204.26% |
SMR SEC Filings & Documents
NuScale Power Corporation (SMR) SEC filings — annual & quarterly reports (10-K, 10-Q)
SMR Frequently Asked Questions
NuScale Power Corporation (SMR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NuScale Power Corporation (SMR) reported $63.9M in revenue for fiscal year 2025. This represents a 17030% increase from $0.4M in 2019.
NuScale Power Corporation (SMR) saw revenue decline by 100.0% over the past year.
NuScale Power Corporation (SMR) reported a net loss of $379.9M for fiscal year 2025.
Dividend & Returns
NuScale Power Corporation (SMR) has a return on equity (ROE) of -45.4%. Negative ROE indicates the company is unprofitable.
NuScale Power Corporation (SMR) had negative free cash flow of $583.7M in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
NuScale Power Corporation (SMR) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
Explore More SMR
NuScale Power Corporation (SMR) financial analysis — history, returns, DCA and operating performance tools
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Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates