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NuScale Power Q2 revenue falls, net loss widens

NuScale Power Q2 revenue falls, net loss widens


Overview

  • US SMR nuclear tech firm's Q2 revenue fell sharply after project completion in 2025

  • Company posted a wider net loss, with higher R&D and admin expenses

  • NuScale ended Q2 with $1.9 bln in cash and investments


Outlook

  • Company did not provide specific financial guidance for the current or future periods in the press release


Result Drivers

  • PROJECT COMPLETION - Revenue and cost of sales fell after completion of Fluor FEED Phase 2 engineering services for RoPower project in late 2025

  • R&D SPENDING - Research and development expenses rose due to increased activities to advance technological readiness and design maturity of NPM components

  • INVESTMENT INCOME - Investment income increased due to stronger cash position and higher investments in cash equivalents, short-term investments and long-term investments


Company press release: ID:nBw4kKCZ5a


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Loss Per Share

$0.13


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 10 "hold" and 2 "sell" or "strong sell"

  • The average consensus recommendation for the electric utilities peer group is "buy."

  • Wall Street's median 12-month price target for Nuscale Power Corp is $13.50, about 42.3% above its August 4 closing price of $9.49


Reuters Recommended Reads

  • Aug 5 - Lightbridge Q2 net loss widens on higher R&D expenses

  • Aug 3 - BWX Technologies Q2 revenue growth slightly misses estimates

  • Aug 5 - Centrus Energy Q2 revenue beats estimates on LEU segment growth


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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