Nuscale Power Corp reports results on Thursday 5 November, after the market closes. Revenue over the twelve months to Q2 2026 was $10.7 million, which fell 81.0% on the year before. The report will test whether that slowdown continues.

Nuscale Power Corp: reported EPS and consensus Quarterly reported EPS against the analysts' average estimate
−$2.00 −$1.50 −$1.00 −$0.50 $0.00 Sep '25 Dec '25 Mar '26 Jun '26 Reported EPS, Sep '25: −$1.85 Reported EPS, Dec '25: −$0.80 Reported EPS, Mar '26: −$0.14 Reported EPS, Jun '26: −$0.13 −$0.13 Analysts' estimate, Sep '25: −$0.14 Analysts' estimate, Dec '25: −$0.15 Analysts' estimate, Mar '26: −$0.14 Analysts' estimate, Jun '26: −$0.13 −$0.13

Source: reported quarterly EPS and aggregated third-party estimates. Historical surprises are context, not a forecast.

View chart data
Period Reported EPSAnalysts' estimate
Sep '25 −$1.85−$0.14
Dec '25 −$0.80−$0.15
Mar '26 −$0.14−$0.14
Jun '26 −$0.13−$0.13

What analysts expect from Nuscale Power

The analysts' average EPS estimate for the quarter is −$0.12, in a range from −$0.17 to −$0.08. The average revenue estimate is $3.8 million. For the full year, the analysts' average EPS estimate is −$0.59, which would be up 73.0% on last year based on 15 analysts. Of the analysts' recommendations, 6 are positive, 8 neutral and 4 negative.

Nuscale Power's record against estimates

Nuscale reported EPS above the analysts' average estimate in 1 of the last 4 quarters. Last quarter, EPS of −$0.13 compared with an estimate of −$0.13, above it by 0.9%.

The free-cash-flow margin of −7285.5% is below every past reading in the company's own record, which ran from −4035.9% to −169.8%

Revenue growth is decelerating. The trailing revenue growth rate of −81.0% is down 19.0 percentage points from a quarter earlier. The company made a net loss of $415.7 million over the twelve months. The trailing operating margin sits at −6854.0%, down 6620.1 percentage points from a year earlier, while the trailing net margin is −3888.7%. The trailing gross margin of 23.5% is above zero: the cost of goods sold is a smaller share of revenue than total operating costs.

Cash flow deepens the picture. Operating cash flow over the twelve months was −$776.4 million. Capital spending was $2.5 million, or 23.0% of revenue, leaving free cash flow at −$778.8 million. The free-cash-flow margin of −7285.5% is down 7115.8 percentage points from a year earlier. The average diluted share count rose 51.7% over the year, which widens the loss per share.

Nuscale's current readings sit below its own history. Today's free-cash-flow margin of −7285.5% is below every one of the company's own past quarterly readings, which have ranged from −4035.9% to −169.8%. Today's operating margin of −6854.0% is below every past reading (−3913.2% to −233.9%). Today's twelve-month revenue growth rate of −81.0% is below every past reading (−66.0% to 765.7%).

Questions this report will answer

The report will answer three questions. Whether the slowdown in revenue growth continues. Whether results land above or below the analysts' expectations set out above. Whether margins hold at the trailing levels above.