NuScale Power Corporation (SMR) Stock Analysis
Industrials · Specialty Industrial Machinery · NYSE
NuScale Power Corporation (SMR) posted $31.48M in revenue for fiscal 2025 (down 15.0% year over year), with a net loss of $355.79M, and has compounded revenue about 120.8%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on NuScale Power Corporation
NuScale Power Corporation has grown revenue from $600,000 to $31.48M over the last 6 fiscal years, compounding about 120.8% a year. The most recent year was down 15%, so growth has cooled from its longer-run pace.
Net margin sits at -1130.3%, down 761.5 points year over year on a 36.3% gross margin.
The one thing worth a second look in the filings is currently unprofitable.
Synthesised from NuScale Power Corporation's SEC filings — descriptive, not advice. Ask the analyst your own question →
NuScale Power Corporation revenue & earnings — last 6 fiscal years
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $600,000 | $2.86M | $11.80M | $22.81M | $37.05M | $31.48M |
| Gross profit | $245,000 | $1.09M | $4.49M | $3.85M | $32.11M | $11.43M |
| Net income | $-88.39M | $-102.49M | $-57.07M | $-58.36M | $-136.62M | $-355.79M |
| Net margin | -14731.2% | -3581.2% | -483.5% | -255.9% | -368.8% | -1130.3% |
Source: NuScale Power Corporation SEC filings (10-K).
NuScale Power Corporation: 1 potential red flag in the filings
Patterns in the filed statements worth a second look — computed and cited, not AI guesswork, and not a signal to sell. The kind of thing that hides in a 10-K.
- Currently unprofitableThe latest fiscal year was a net loss (net margin -1130.3%).
Explore 6 years of NuScale Power Corporation financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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NuScale Power Corporation financial history by metric
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About NuScale Power Corporation
NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintenance of the power plant. In addition, it offers regulatory licensing support services; start-up testing and commissioning support; accredited training programs to support initial and ongoing power plant operations; management of all aspects of the U.S. Nuclear Regulatory Commission required inspections, tests, analysis, and acceptance criteria process; NuScale Power Module mechanical handling; initial and ongoing fuel bundle loading and movement; design engineering management during commercial operation; operations and maintenance program management; procurement and spare parts management; nuclear fuel management, including reload analysis; and outage planning and execution support services. The company has a strategic partnership with Ebara Elliott Energy for the development, demonstration, and testing of industrial scale compressors using power modules. NuScale Power Corporation was founded in 2007 and is headquartered in Corvallis, Oregon.
NuScale Power Corporation — frequently asked questions
What is NuScale Power Corporation's revenue?
NuScale Power Corporation (SMR) reported revenue of $31.48M for fiscal year 2025, down 15.0% from the prior year, according to its SEC filings.
Is NuScale Power Corporation profitable?
No — SMR reported a net loss of $-355.79M in fiscal 2025.
What is SMR's P/E ratio?
NuScale Power Corporation trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is NuScale Power Corporation growing?
SMR's revenue grew at roughly 120.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does NuScale Power Corporation have?
As of fiscal year 2025, SMR carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is NuScale Power Corporation's gross margin?
SMR's gross margin was 36.3% in fiscal 2025 — gross profit of $11.43M on revenue of $31.48M.
What is NuScale Power Corporation's market cap?
NuScale Power Corporation (SMR) has a market capitalization of about $3.28B, based on the latest data in our nightly-refreshed cache.
When does NuScale Power Corporation's fiscal year end?
SMR's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
Where does this data come from?
All figures are computed from NuScale Power Corporation's official SEC filings (10-K and 10-Q), covering 6 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.