Earnings ·
NuScale Power Corporation reported financial results for the second quarter ended June 30, 2026
SMRNUSCALE POWER Corp
NuScale Power Corporation reported financial results for the second quarter ended June 30, 2026. The company recorded a net loss attributable to Class A common stockholders of $47.5 million, or $0.13 per share, compared to a $17.6 million loss in the prior year period. Revenue dropped significantly to $75,000 from $8.1 million, primarily due to the completion of Fluor FEED Phase 2 engineering services for the RoPower project in late 2025 with no comparable activity in 2026. Operating expenses increased, with R&D rising by $6.6 million and G&A increasing by $4.4 million year-over-year. The company ended the quarter with a liquidity position of $1.9 billion in cash, equivalents, and investments. NuScale Power Corporation operates in the advanced nuclear energy sector, providing proprietary small modular reactor (SMR) technology.