NuScale Power — Third Quarter 2026 Earnings Summary
NuScale Power reported a net loss of $142.5 million for the nine months ended September 30, 2026, driven by increased research and development expenses as the company transitions from development to physical production. The company secured a contract with Doosan Enerbility to fabricate the upper reactor coolant system for its NuScale Power Module, marking a significant step toward commercial manufacturing. Despite a decline in revenue due to the completion of prior engineering services, NuScale maintained a strong liquidity position with $1.9 billion in cash, cash equivalents, and investments. The company continues to support its commercial partner, ENTRA1 Energy, in discussions with the Tennessee Valley Authority regarding a major nuclear power deployment program.
- Company
- NUSCALE POWER CORP
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery