Nuscale Power Corp income statement
In fiscal 2025, Nuscale Power Corp reported revenue of $31.5m, down 15.0% on the year before, operating income of −$690m (a -2190.6% margin) and net income of −$356m, or −$2.17 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 | 3 | 12 | 23 | 37 | 31 | 11 |
| Cost of revenue | 0 | 2 | 7 | 19 | 5 | 20 | 8 |
| Gross profit | 0 | 1 | 4 | 4 | 32 | 11 | 3 |
| Research and development | 95 | 94 | 128 | 156 | 47 | 46 | 56 |
| General and administrative | 37 | 39 | 55 | 65 | 76 | 610 | 616 |
| Operating income | −159 | −174 | −230 | −276 | −139 | −690 | −733 |
| Net interest income | — | −2 | 4 | 11 | — | — | — |
| Provision for credit losses | — | — | 0 | 0 | 1 | 0 | — |
| Income before tax | −88 | −102 | −142 | −180 | −346 | −664 | −693 |
| Income tax | 0 | 0 | 0 | 0 | 2 | 0 | — |
| Net income | −88 | −102 | −26 | −58 | −137 | −356 | −416 |
| Diluted EPS | $0.00 | $0.00 | −$0.51 | −$0.80 | −$1.47 | −$2.17 | — |
| Diluted shares (average) | — | — | 51m | 73m | 93m | 164m | — |
| EBITDA | −157 | −172 | −227 | −273 | −137 | −689 | −732 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 34 | 13 | 8 | 8 | 2 | 1 | 0 |
| Cost of revenue | 0 | 3 | 6 | 6 | 6 | 2 | 1 | 0 |
| Gross profit | 0 | 31 | 7 | 2 | 3 | −0 | 0 | −0 |
| Research and development | 12 | 9 | 9 | 12 | 11 | 14 | 13 | 18 |
| General and administrative | 17 | 23 | 23 | 23 | 519 | 45 | 25 | 27 |
| Operating income | −41 | −12 | −35 | −43 | −538 | −73 | −58 | −64 |
| Income before tax | −46 | −178 | −30 | −38 | −533 | −64 | −47 | −50 |
| Income tax | 0 | 2 | — | — | — | — | — | — |
| Net income | −17 | −75 | −14 | −18 | −273 | −51 | −44 | −48 |
| Diluted EPS | −$0.18 | −$0.77 | −$0.11 | −$0.13 | −$1.85 | −$0.80 | −$0.14 | −$0.13 |
| EBITDA | −41 | −12 | −35 | −43 | −538 | −73 | −57 | −64 |
Compare with peers
Head to head: GNRC vs SMRGEV vs SMR
More: Heavy Electrical Equipment stocks compared, Industrials sector, rankings of US companies