NuScale Power Q2 revenue falls, net loss widens

Nuscale Power

05/08/2026 22:41

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

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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.)