NuScale Power Corporation (SMR) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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SMR Revenue Growth
Revenue Breakdown (FY 2025)
SMR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
SMR Revenue Analysis (2019–2025)
As of May 6, 2026, NuScale Power Corporation (SMR) generated trailing twelve-month (TTM) revenue of $63.9 million, reflecting explosive growth of +1635.2% year-over-year. The most recent quarter (Q3 2025) recorded $8.2 million in revenue, up 2.3% sequentially.
Looking at the longer-term picture, SMR's historical revenue data shows various trends over time. The company achieved its highest annual revenue of $37.0 million in 2024.
Revenue diversification analysis shows SMR's business is primarily driven by Other (100%). With over half of revenue concentrated in Other, the company maintains significant focus in this area while developing other growth vectors.
When compared to Utilities sector peers including UUUU (+103.7% YoY), BWXT (+21.4% YoY), and LEU (-4.1% YoY), SMR has outperformed the peer group in terms of revenue growth. Compare SMR vs UUUU →
SMR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| SMRCurrent | $64M | +1635.2% | - | - | |
 UUUU | $66M | +103.7% | +108.9% | -153.4% | |
 BWXT | $3.2B | +21.4% | +8.5% | 10.1% | |
 LEU | $449M | -4.1% | +12.7% | 11.2% |
SMR Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $0 | -100.0% | $11.4M | - | $-689,571,000 | - |
| 2024 | $37.0M | +62.4% | $32.1M | 86.7% | $-138,725,000 | -374.5% |
| 2023 | $22.8M | +93.2% | $3.8M | 16.9% | $-275,565,000 | -1208.1% |
| 2022 | $11.8M | +312.4% | $4.5M | 38.0% | $-229,995,000 | -1948.4% |
| 2021 | $2.9M | +377.0% | $1.1M | 38.2% | $-174,300,000 | -6090.1% |
| 2020 | $600K | +60.9% | $245K | 40.8% | $-158,843,000 | -26473.8% |
| 2019 | $373K | - | $52K | 13.9% | $-127,634,000 | -34218.2% |
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Start ComparisonSMR — Frequently Asked Questions
Quick answers to the most common questions about buying SMR stock.
Is SMR's revenue growth accelerating or slowing?
SMR revenue is accelerating at +1635.2% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $64M. Growth momentum has increased versus prior periods.
What is SMR's long-term revenue growth rate?
NuScale Power Corporation's 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +1635.2% is above this long-term average.
How is SMR's revenue distributed by segment?
SMR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.