FY2025 · ended Dec 31, 2025 · Revenue $31.48M, -15.0% YoY · Filed Feb 26, 2026
NUSCALE POWER Corp (SMR) files with the SEC under industry code 3443, Fabricated Plate Work (Boiler Shops). In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $31.5 million and a net loss of $355.8 million. Free cash flow was -$460.1 million. As of Jun 30, 2026 it held $1.9 billion in cash and investments and $6.7 million in total debt.
Revenue (TTM)
$10.69M
-81.0% vs year-ago TTM
Net income (TTM)
$-415.70M
-235.0% vs year-ago TTM
Operating cash flow (TTM)
$-776.36M
-715.1% vs year-ago TTM
Free cash flow
$-460.12M
-323.3% vs prior year
EPS (TTM)
$-1.55
-44.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
236.75M
Net cash
$1.89B
as of Jun 30, 2026
Operating margin
-6854.0%
FY 2026
Company profile
- Industry
- Fabricated Plate Work (Boiler Shops) (SIC 3443)
- Listed as
- SMR (NYSE)
- Fiscal year ends
- December 31
- Headquarters
- Corvallis, OR
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1822966
- Former names
- SPRING VALLEY ACQUISITION CORP. (until Apr 29, 2022)
Other Fabricated Plate Work (Boiler Shops) companies
- X-Energy, Inc. XE
- newcleo plc NWCL
- Launch Two Acquisition Corp. LPBB
- Terrestrial Energy Inc. /DE/ IMSR
- Terra Innovatum Global N.V. NKLR
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $31.5M | $37.0M | $22.8M | $11.8M | — |
| Operating income | -$689.6M | -$138.7M | -$275.6M | -$230.0M | -$174.3M |
| Net income | -$355.8M | -$136.6M | -$58.4M | -$25.9M | -$102.5M |
| Diluted EPS | -$2.17 | -$1.47 | -$0.80 | -$0.51 | — |
| Operating cash flow | -$459.6M | -$108.7M | -$183.3M | -$148.6M | -$99.2M |
| Free cash flow | -$460.1M | -$108.7M | -$185.0M | -$150.9M | — |
| Total assets | $1.4B | $544.7M | $224.9M | $348.6M | $121.2M |
| Total liabilities | $299.0M | $91.6M | $95.5M | $71.5M | $52.8M |
| Stockholders' equity | $1.2B | $618.7M | $93.5M | $114.7M | $66.3M |
| Cash and investments | $1.3B | $441.6M | $120.3M | $267.7M | $77.1M |
| Total debt | — | — | $2.9M | $4.4M | — |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 5, 2026 | Aug 5, 2026 |
| 10-Q | Quarterly report | Aug 5, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Shareholder vote results
|
Jun 2, 2026 | May 29, 2026 |
| 10-Q | Quarterly report | May 7, 2026 | Mar 31, 2026 |
| 8-K |
Current report
Results of operations
|
May 7, 2026 | May 7, 2026 |
All 794 NUSCALE POWER Corp SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.