NuScale Power (SMR) financials
NuScale Power revenue and earnings by year
NuScale Power's revenue was $31.5 million in the fiscal year to December 31, 2025, down 15.0% from the year before. Net income was -$356 million, -1130.3% of revenue. Since the fiscal year to December 31, 2020, revenue has grown 120.8% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 6 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
| Revenue | 31 | 37 | 23 | 12 | 3 | 1 |
| Revenue growth | -15.0% | 62.4% | 93.2% | 312.4% | 377.0% | — |
| Gross profit | 11 | 32 | 4 | 4 | 1 | 0 |
| Gross margin | 36.3% | 86.7% | 16.9% | 38.0% | 38.2% | 40.8% |
| Operating income | -690 | -139 | -276 | -230 | -174 | -159 |
| Operating margin | -2190.6% | -374.5% | -1208.1% | -1948.4% | -6090.1% | -26473.8% |
| Net income | -356 | -137 | -58 | -26 | -102 | -88 |
| Net margin | -1130.3% | -368.8% | -255.9% | -219.5% | -3581.2% | -14731.2% |
| Diluted EPS | -$2.17 | -$1.47 | -$0.80 | -$0.51 | — | — |
| Free cash flow | -460 | -109 | -185 | -151 | -101 | -51 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open SMR in Markets.
See also: SMR returns
No forecast, no recommendation. This page describes NuScale Power from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.