Earnings Releases·Nov 5, 2026, 4:29 PM ET

NuScale Power — Third Quarter 2026 Earnings Summary

Revenue declined to $281,000 for the quarter and $921,000 for the nine months ended September 30, 2026, down from $8.242 million and $29.671 million respectively in the prior year periods, primarily due to the completion of Fluor's FEED Phase 2 engineering services for the RoPower project.
Net loss narrowed significantly to $45.709 million for the quarter ($0.11 per share) compared to $532.646 million ($1.85 per share) in the prior year, driven by a $13.4 million increase in investment income and a $491.3 million reduction in G&A expenses, despite a $7.0 million increase in R&D costs.
Strategic progress includes signing an agreement with Doosan Enerbility for NPM fabrication and deploying nuclear-specific AI tools, while continuing to support commercial partner ENTRA1 Energy's dialogue with the Tennessee Valley Authority.
The company ended the quarter with $1.9 billion in cash and investments, with total assets rising to $2.02 billion and total liabilities falling to $45.645 million, while financing activities provided $985.235 million over the nine-month period primarily through common stock issuance.