Stocks Industrials SMR
NYSE · IndustrialsNUSCALE POWER Corp (SMR)
NUSCALE POWER Corp brought in $2.7M of revenue over the twelve months to September 30, 2026, down 95.7% from a year earlier. It posted a net loss of $186M. In fiscal 2025 capital spending exceeded operating cash flow by $460.1M. At September 30, 2026 it held $513.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 5, 2026.
Key facts about NUSCALE POWER Corp
- Net worth
- NUSCALE POWER Corp has a market value (market cap) of $2.2B at the latest share price, and shareholders' equity of $2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $31.5M (-15.0% year on year), with a net loss of $355.8M. Over the 12 months to September 30, 2026: revenue $2.7M, net loss $186M.
- Cash flow
- In fiscal 2025 operations used $459.6M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 5, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- NUSCALE POWER Corp's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What NUSCALE POWER Corp does
NUSCALE POWER Corp is registered with the SEC under industry code SIC 3443 (Fabricated Plate Work (Boiler Shops)). Its shares trade on NYSE under the ticker SMR.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $31.5M | -$355.8M | -$2.17 | -$460.1M |
| 2024 | $37M | -$136.6M | -$1.47 | -$108.7M |
| 2023 | $22.8M | -$58.4M | -$0.80 | -$185M |
| 2022 | $11.8M | -$25.9M | -$0.51 | -$150.9M |
| 2021 | $2.9M | -$102.5M | $0.00 | -$101.1M |
| 2020 | $600K | -$88.4M | $0.00 | -$50.8M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SMR ranks in Industrials
Latest SEC filings
What NUSCALE POWER Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Quarterly report 10-Q · period to September 30, 2026Revenue fell 97% to $281K versus the same quarter last year; diluted EPS -$0.11 versus -$1.85.
- November 5, 2026
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- August 11, 2026
- August 5, 2026
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue fell 99% to $75K versus the same quarter last year; diluted EPS -$0.13 versus -$0.13.
- July 29, 2026Passive stake (5% or more) SCHEDULE 13G
- June 2, 2026
- May 15, 2026Passive stake (5% or more) SCHEDULE 13G
Insider trades
What the people running NUSCALE POWER Corp did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $524.8K worth of shares in the last 90 days and bought none on the open market. Most of the selling (66%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 1, 2026 | Hamady Robert RamseyChief Financial Officer | Exercised options | 20,000 | $64K |
| October 1, 2026 | Hamady Robert RamseyChief Financial Officer | Soldpre-planned (10b5-1) | 20,000 | $157.8K |
| September 30, 2026 | Boeckmann Alan LDirector | Received as pay | 4,509 | - |
| September 30, 2026 | Kresa KentDirector | Received as payindirect | 3,338 | - |
| August 18, 2026 | Fujino ShinjiDirector | Sold | 20,000 | $177.2K |
| August 17, 2026 | Hamady Robert RamseyChief Financial Officer | Exercised options | 20,000 | $64K |
| August 17, 2026 | Hamady Robert RamseyChief Financial Officer | Soldpre-planned (10b5-1) | 20,000 | $189.8K |
| August 5, 2026 | Fisher Carl M.Chief Operating Officer | Sold | 18,771 | $175.7K |
Who owns SMR
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Japan NuScale Innovation, LLC13D, may seek influence with 7 related filers | 57.1% | November 27, 2024 |
| Van Eck Associates Corporation13G, passive | 8.5% | August 14, 2026 |
| Vanguard Capital Management13G, passive | 5.25% | October 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 520 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Van Eck Associates Corp | 29,311,762 | +9,278,802 |
| BlackRock, Inc. | 25,857,274 | +13,008,142 |
| Vanguard Portfolio Management LLC | 15,151,963 | +4,203,794 |
| Vanguard Capital Management LLC | 14,079,030 | +3,346,659 |
| Marex Group Ltd | 12,711,180 | +3,613,002 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 11,769,071 | +316,910 |
| Two Sigma Investments, LP | 11,655,351 | +7,932,077 |
| Morgan Stanley | 9,138,597 | +2,085,628 |
| Geode Capital Management, LLC | 6,830,134 | +3,101,204 |
| State Street Corp | 6,662,750 | +3,124,774 |
| Goldman Sachs Group Inc | 3,832,784 | +512,617 |
| UBS Group AG | 3,464,576 | +858,834 |
| Susquehanna International Group, Llp | 3,210,138 | +2,278,420 |
| Marshall Wace, Llp | 3,050,046 | -1,257,591 |
| Northern Trust Corp | 2,602,089 | +1,260,806 |
| Clear Street Group Inc. | 2,564,927 | +787,590 |
| Capital Fund Management S.A. | 2,524,608 | -1,025,966 |
| Greenhouse Funds LLLP | 2,159,213 | new |
| Cetera Investment Advisers | 2,088,436 | +564,511 |
| Charles Schwab Investment Management Inc | 2,074,651 | +806,032 |
Insiders
14 insiders reported holding 1,166,533 shares in total, about $6.1M at the last price.
| Holder | Shares |
|---|---|
| Reyes Jose N JrChief Technology Officer | 268,081268,081 held indirectly |
| Hamady Robert RamseyChief Financial Officer | 144,235 |
| Scott ClaytonChief Commercial Officer | 132,852 |
| Hopkins John LawrenceChief Executive Officer, Director | 117,018 |
| Fisher Carl M.Chief Operating Officer | 114,718 |
| Kresa KentDirector | 104,947104,947 held indirectly |
| Boeckmann Alan LDirector | 97,008 |
| Warnica Kimberly O.Director | 56,140 |
| Chung Bum-JinDirector | 51,172 |
| Walters Diana JDirector | 20,976 |
Questions about SMR
What does NUSCALE POWER Corp do?
NUSCALE POWER Corp is a company in the Industrials sector, listed on NYSE as SMR. Its shares trade on NYSE under the ticker SMR.
What is NUSCALE POWER Corp's net worth?
NUSCALE POWER Corp has a market value (market cap) of $2.2B at the latest share price, and shareholders' equity of $2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is NUSCALE POWER Corp profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $186M on revenue of $2.7M.
How much revenue does NUSCALE POWER Corp make?
Over the twelve months to September 30, 2026 NUSCALE POWER Corp reported revenue of $2.7M. That is 95.7% less than a year earlier.
When did NUSCALE POWER Corp last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 5, 2026. It covers the period to September 30, 2026.
When is NUSCALE POWER Corp's next earnings report?
NUSCALE POWER Corp's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values NUSCALE POWER Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.